As the year draws to a close, many people are reflecting on the past year and planning for the future. While this time of year is often focused on holiday preparations and end-of-year wrap-ups, it’s also a crucial period for maximizing your healthcare benefits, particularly your vision benefits. For patients at Chagrin Valley Optometrists in Chagrin Falls, Ohio, this means making the most of your Flexible Spending Account (FSA), Health Savings Account (HSA), and vision insurance benefits before the year ends.  

Understanding your vision benefits 

Before exploring why year-end is important for vision care, it’s helpful to understand the differences between FSA, HSA, and vision plans: 

• Flexible Spending Account (FSA): FSAs are pre-tax dollars set aside for medical expenses, including vision care. These funds typically expire at the end of the year, with only some accounts having a grace period. This makes it crucial to use your FSA funds before December 31st to avoid losing them. 
• Health Savings Account (HSA): Unlike FSAs, HSAs roll over from year to year and don’t expire. However, using your HSA funds for necessary eye care can help you better plan your future savings. 
• Vision Plans: Many vision plans operate on an annual basis, meaning benefits like eye exams, glasses, and contact lens allowances reset at the start of the new year. Unused benefits often do not carry over, so it’s important to use them before the year ends. 

Why use your vision benefits now? 

There are a few reasons why it’s a good idea to use your vision benefits now rather than later: 

Optimize your FSA funds  

If you have an FSA, now is the time to schedule an eye exam, purchase a new pair of glasses, or stock up on contact lenses. These expenses are all eligible for FSA spending, and with the “use it or lose it” rule, you don’t want to see your hard-earned dollars go to waste. 

Utilize your vision plan 

Most vision plans cover one eye exam per year and offer allowances for eyewear. If you haven’t used these benefits yet, schedule an appointment with Chagrin Valley Optometrists to ensure you receive your entitled services before they reset. 

Plan your HSA spending wisely 

While HSA funds don’t expire, it’s still a good idea to use them for necessary eye care expenses. This strategy allows you to continue building your account for future healthcare needs while maintaining optimal eye health now. 

Ensure optimal eye health and vision 

Regular eye exams are vital for maintaining optimal eye health and detecting any potential issues early on. Whether you need an updated prescription or are experiencing vision changes, our team at Chagrin Valley Optometrists can help you see clearly into the new year. 

Schedule your appointment today 

At Chagrin Valley Optometrists, our dedicated team is ready to assist you in making the most of your vision benefits. Whether it’s a routine check-up, a stylish new pair of glasses, or advice on using your FSA, HSA, or insurance benefits, we will ensure you receive the best care. 

Don’t let your benefits go to waste—please schedule your year-end eye exam in Chagrin Falls, Ohio. Remember, your eye health is an investment in your overall well-being, and there’s no better time to prioritize it than now.