What Are The Types Of Vision Insurance You Can Purchase?

​A full eye exam, prescriptions, new lenses, and frames may come with a significant price tag. Eye treatment is often only covered by health insurance coverage if you have a medical condition. You may, however, reduce your costs through vision programs from your plan. But what kinds of vision insurance are available?

Having vision insurance requires you to understand the many types of coverage available to maximize your coverage. Hence, here is an overview of the different types of vision insurance.

1. Indemnity Insurance Plan
   This sort of vision insurance is similar to regular health insurance in that it provides you, as a policyholder, with access to medical practitioners of your choosing. This plan should allow you to select a provider without affecting your reimbursement. In addition, this coverage allows your insurance company to pay for any or all of your vision treatment.
   
   
2. Health Maintenance Organization (HMO) Plan
   This policy restricts coverage to doctors who have a contract with or work for the HMO. Except in an emergency, this policy doesn't always cover out-of-network treatment. To qualify for coverage under an HMO, you may be required to work or reside in its service region. 
   
   Another thing, as a plan user, it's important to note that you are often compelled to seek health care (including vision treatment) solely from HMO providers.
   
   
3. Preferred Provider Organization (PPO) Plan
   This plan offers customers coverage through a network of carefully selected healthcare providers, such as physicians and hospitals. You can utilize out-of-network specialists, but you will face greater costs in increased coinsurance amounts, higher deductibles, or non-discounted physician fees.

Conclusion
Your vision insurance coverage may expire yearly, depending on the vision insurance plan you've chosen. This implies that if you don't "use it," you'll "lose it" until the following year. Since you're paying for your vision coverage, there's no need to miss your yearly eye exam or visit your optometrist if you notice any changes in your vision.

At Hyde Insurance Group, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (888) 345-1215. Get your free quote today by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!