When Is The Best Time To Get Vision Insurance?

​Vision insurance is a helpful way to minimize eye care costs. A plan can cover a portion of vision care costs in exchange for a monthly premium. Vision insurance is distinct from vision discount plans, which provide savings on eye care. Vision discount plans typically cost less annually than vision insurance, but you may pay more for eye exams and eyewear than with insurance.

Before enrolling, check a plan's coverage of all anticipated expenses because vision insurance policies cover eye-related expenses differently. Vision insurance is available to individuals and employers. Individual vision insurance protects self-employed people, your family, and yourself and can be purchased as needed, unlike employer-based insurance, which is limited to a specific period:

1. Qualifying Life Event (QLE)
   You may change existing insurance coverage or sign up for new coverage during any life event, even if it occurs outside the open enrollment period. Having a baby, getting married, divorcing, losing a family member, a career (or a spouse's), or even specific circumstances requiring relocation are life events that might qualify for assistance.
   
   
2. Open Enrollment Period
   When it comes to signing up for insurance coverage, the open enrollment period is by far the choice that is used the most often. Signing up for the program begins on November 1 and typically lasts until around the middle of December. But, this period's precise beginning and end times differ from one state to the next.
   
   
3. Starting a New Job
   If you are a new employee, ask your employer whether you can enroll in the insurance coverage available outside the regular enrollment periods. However, you may need to satisfy the required waiting time before accessing it.

Conclusion
Whether you purchase individual vision insurance or enroll in your employer's plan, it still depends on your needs. If employed, apply to your employer's insurance plan before the best time ends. But if you have a family and your spouse and children wear glasses or contacts, applying for individual vision insurance can save you money on eye exams and eyewear.

At Hyde Insurance Group, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (888) 345-1215 or Click Here to request a free quote. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!