Use Your FSA or HSA to Pay for LASIK

LASIK Rapid City

If you have a Flex Spending Account (FSA) or Health Savings Account (HSA) and are thinking about improving your vision, we have great news for you – you can use your FSA or HSA to pay for your LASIK vision correction surgery! Get the details about how you can put your FSA or HSA to work for a great cause: significantly better vision, without the use of contacts or glasses.

What is LASIK and What are the Benefits of LASIK Vision Correction?

LASIK is an outpatient procedure that uses cool ultraviolet light to precisely reshape the cornea to correct vision problems such as nearsightedness, farsightedness, and astigmatism – all known as refractive errors. This procedure has become so popular that it is the number one elective procedure in the U.S.A, bringing clearer vision to more than 10 million people in this country alone.

Benefits include:

  • Significant Vision Improvement. The latest research shows that 90% of LASIK patients achieve 20/20 vision or better, while 99% of patients achieve 20/40 vision or better. LASIK also has a 96% satisfaction rate, which is the highest of any elective procedure.
  • Minimal Recovery Time. Most patients return to their daily schedule 24 hours after surgery.
  • Long Term Cost Savings. The cost of laser eye surgery has shown to pay for itself and save money when compared to a lifetime of glasses and contact lenses.
  • Fast Results. While some precautions need to be taken right after surgery, including not driving, most patients report vision improvements by the following morning.


What are FSAs and HSAs?

FSAs allow you to put aside pre-tax dollars from your paycheck to use for eligible out-of-pocket healthcare expenses. For 2023, the maximum amount you can contribute to an FSA is $3,050.

HSAs are also a way to put aside pre-tax dollars from your paycheck to use towards healthcare costs. The amount that can be set aside in an HSA for 2023 is $3,850 for an individual, or $7,750 for a family.

The main difference between an FSA and an HSA is that the funds in an FSA need to be used within the calendar year, or by the grace period allowed in the plan.  Some FSAs also allow a small carryover amount, which may differ each year.


Both HSAs and FSAs allow you to pay a significant portion, if not all, of your LASIK procedure with pre-tax dollars. It is a good idea to first review your health insurance policy thoroughly to see how much may be covered before you need to tap into your FSA or HSA. Many people are surprised at how affordable LASIK can be after adding up their insurance contribution and FSA/HSA funds.

Begin Your Journey to Better Vision

Find out if you’re a candidate with a free consultation at Black Hills Regional Eye Institute! During your free consultation, you will meet with our dedicated LASIK team who will perform a variety of tests to determine if you are a good fit for LASIK. We will also explain your payment options at this time and provide a cost sheet so you can easily calculate how your LASIK procedure will be funded.

We also offer a handy online self-test so that you can see if you are a likely candidate for LASIK.

Call us today at (605) 341-2000 to schedule your free consultation!