When it comes to healthcare, any sort of savings is a good thing especially when it comes to surgery. So even though the end of the year seems a long way off, it’s never too early to check and see where you are with your deductible.
With most insurance plans, you have a certain amount of money, called a deductible, you have to spend out of pocket before your insurance begins paying for your health care costs. Confused? Ok, here’s an example. Let’s say your deductible is $1,000. Throughout the year you have to spend that $1,000 on doctor visits and prescriptions before your insurance will cover the full cost of other health care items. So what does this have to do with getting your cataract surgery in this year? Well, your deductible starts over at the beginning of the following year. So let’s say that so in far in 2013 you have spent $500 of that deductible. If you schedule your cataract surgery before the end of the year, you’ll only have to pay $500, and your insurance will take care of the rest. If you wait to schedule your surgery until the beginning of next year, you’ll have to pay more out of pocket since you hadn’t made any payments towards your deductible.
With over 3 million American undergoing cataract surgery every year, cataract surgery is one of the most common surgeries performed in the U.S. The improvements to this procedure and IOLs (intraocular lens) have made cataract surgery highly effective and can restore your vision, or in some cases, give you the best vision you’ve ever had.
So before the end of the year rolls around, check on your deductible and see where you stand. It could mean big savings on a procedure that can restore your vision!