Differences Between HSA and FSA Regarding Vision Costs
You may be wondering if the money you've been carefully putting into a health savings account (HSA) or flexible spending account (FSA) is in jeopardy. Some of these accounts have a "use it or lose it" aspect to them, requiring you to spend what you put into them before the calendar year is out.
If you have money sitting in your account, you may not be sure what to do with it. The good news is there are a lot of unexpected avenues for spending those unused funds, including vision care through Nationwide Vision.
To help you decide how to use these dollars, here's a look at exactly how FSAs and HSAs work and what vision costs you can cover with them. While there are some differences between HSAs and FSAs when it comes to vision costs, the team at Nationwide Vision has broken it down for you below.
Differences Between HSA and FSA
Paying for Vision Care
Whether you have an FSA or an HSA plan, the money is yours to help you meet your health needs and pay for qualified medical expenses. This includes a variety of vision care options from Nationwide Vision.
While some specifications of your health plans can vary based on your employer, our team works with you to answer any coverage questions, so you get the vision care you need. If you're not using an FSA or HSA to pay for vision care, Nationwide Vision also answers any general insurance questions. For more specific insurance, plans, and coverage information, view our accepted plans.
Contact the Nationwide Vision team to schedule an appointment or learn more about paying for eye care with FSAs and HSAs.