SOURCE: Laser Eye Center

Laser Eye Center

December 12, 2011 15:40 ET

Save on Laser Eye Center LASIK Procedures by Using a Flexible Spending Account

Take Advantage of up to 30% in Savings Now and Before Upcoming Changes to FSAs in 2013

LOS ANGELES, CA--(Marketwire - Dec 12, 2011) - With the year nearly over, now is the time to take advantage of up to 30% in savings on LASIK procedures by using a Flex Account, such as a medical Flexible Spending Account (FSA) or a Health Savings Account (HSA). These valuable tools allow employees to set aside pre-tax dollars for a healthcare-related procedure not covered by health insurance, including LASIK surgery, dentistry work, and various medical procedures.

Laser Eye Center notes that FSAs typically have a "use it or lose it" process. Money put in an FSA but not used by the end of the year or certain grace period, which is usually through March of the following year, must be forfeited. While an HSA account allows funds to roll over when not spent, not using the money now means more taxable income that must be reported.

Dr. Abraham Shammas, President of Laser Eye Center, stated, "Although the holidays are about spending money on others, it is good to gift yourself, especially when you can tap the funds available in your FSA or HSA to cover the cost of LASIK surgery. One of the reasons many people postpone a LASIK procedure is the cost, but this does not have to be an issue thanks to a flex account. Opting to have this procedure now means that you can make good use of available funds before the contribution amount is reduced."

The allowable contribution for an FSA will be significantly reduced from $5,000 to $2,500 in 2013, which provides a further incentive to schedule a LASIK procedure as soon as possible.

About Laser Eye Center
Laser Eye Center is the most comprehensive and respected name in LASIK and refractive eye surgery throughout Southern California with locations in the Inland Empire, Orange County, and Los Angeles County. Since 1986, the doctors of Laser Eye Center have safely performed over 200,000 individual LASIK cases. For more information about Laser Eye Center, please visit www.lasereyecenter.com.

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    P: 800-805-2737