March 19, 2008
ABC of Vision Insurance
Plan for vision insurance is not same as any general medical insurance plans. If you avail this insurance you will obtain rebate on any kind of vision related service like eye tests, getting glasses and lenses made etc. There are two types of vision insurances:
- Benefit Package
- Discount Plan
Benefit package is more or less like your health insurance plan where you will be required to give co-pay for the services rendered and the rest would be paid by your insurance company. In case of discount plan, you will pay the entire payable amount but the amount will be lesser as there will be a rebate on it. Percentage of discount incurred would be as per the insurance provider’s pact with you. Often you save more than half of the total cost that you have paid for eye tests and glasses or lenses.
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