Can I Afford LASIK?
The two big questions most people ask about LASIK once they know they’re a candidate are:
- “Can I afford LASIK on my budget?”
- “Do I have to juggle quality of outcome with cost?”
The cost of state-of-the-art, Blade-free Custom LASIK at Lipstock LASIK & Cataract Center is $2,250 per eye. (the U.S. cost of Blade-free Custom LASIK ranges between $1,500 and $3,000 per eye, with a higher percentage at the $2,000 level).
Lipstock LASIK & Cataract Center offers some of Virginia’s most generous extended payment financing options for LASIK and other vision correction technologies through CareCredit®, which includes quick online approval. These options make LASIK work within the budget of most working households.
- 0% Interest Payment Plans – We offer 0% interest financing for 12 months, which works out at approximately $6 per day for both eyes…possibly what you’re already spending each day on coffee and snacks.
- Extended Payment Plans – 36 and 48 month term plans with fixed monthly payments, low annual percentage rate, no pre-payment penalty.
- Our Lowest Price Guarantee – We GUARANTEE to match any Richmond LASIK center’s price for Wavefront guided, Blade-free Custom LASIK. If another center’s price is lower than ours, we will deduct an additional $25 per eye.
Paying for it already? An Insurance Industry survey in 2007 estimated that lens-wearers will spend up to $12,000 over the next 10 years for new prescriptions and frames, new contacts, solutions, preparations and replacements. That price adds up over time, compared to the one-time cost of LASIK in Richmond at a little more than a quarter of that total.
Flex Plans/Cafeteria Plans
Flex Plans are the very best way to pay for LASIK. If you or your spouse has a Flexible Spending Account (FSA) or Cafeteria Plan at work, you can use pre-tax dollars for your LASIK and still take advantage of our 0% financing for up to 24 months – and Dr. Lipstock’s 20/20 Money Back Guarantee.
How it Works
FSAs are not just a savings account. They save you money by decreasing the amount of taxes you pay.
Money set aside in an FSA escapes federal and state income tax and Social Security tax. For instance, if you make $35,000 per year and pay 16% Federal Tax, 6% State Tax, and 7.65% FICA Tax, your total payroll taxes would be $10,377. However, if you contribute $3,000 to your FSA you would pay the same percent of taxes on only $32,000. This would give you net savings of approximately $900. The higher your tax bracket, the more you save. By law, the maximum amount you can contribute to an FSA is $5,000, but most companies limit contributions to $2,000 or $3,000.
Have your LASIK now. Most companies allow you to spend the money at any time during the year without the full amount having accumulated in the account.
The most important point to know about using your FSA is that you MUST make sure you are a good candidate for LASIK BEFORE you set aside any money in your plan. Schedule your free LASIK Consultation right away and we’ll help you work out how to use your pre-tax Flex Plan dollars.
Flex Plans or Cafeteria Plans are not only recession proof but you can save up to 50% on blade-free LASIK – and they come with guaranteed approval. Sounds incredible, doesn’t it? It gets even better because you don’t need any cash to get started.