How Laser Eye Surgery Can Benefit Your Future Savings Goals

With the high cost of living and housing, many young adults have realised they must take one step further and aim for smarter financial decisions. Savvy money managers often create a budget and examine their expenses to determine if any can be reduced or eliminated. A tight budget is the best way to pay off a mortgage or start a family sooner.

One of the major expenses in some budgets is healthcare. If you’re paying health insurance or have regular prescriptions to fill, such as contact lenses or glasses, the cost adds up over the year. Some people take out an Extras health insurance policy to help with the cost of glasses or contact lenses. Eliminating the need to pay for new glasses or contacts can also eliminate the need to maintain their Extras policy.

The cost of prescription glasses and contact lenses adds up throughout the year, and over five or more years, the cost can be frightening.

New pairs of prescription glasses and sunglasses or contact lenses and saline can get expensive. While you can buy cheap glasses, you may not like the look of budget frames. Rimless, designer, or ultraflex frames can cost $400 plus per pair. Most people who rely on glasses daily will have a backup pair in case they leave them at home or work. As careful as you may be with your glasses, they can be easily damaged or broken, so it’s not uncommon for someone to buy three pairs totalling well over $1,000 in 12 months. Moreover, if you need prescription sunglasses for driving or comfort and only designer frames will do, you’ll need to spend another few hundred dollars.

According to Acuvue, contact lenses can cost as much as $1,400 per year after health insurance, depending on the type of lenses your optometrist recommends. And then there’s also the cost and hassle of buying saline at the chemist.

Some regular contact lens wearers have glasses for the times they don’t want to or can’t wear their contacts. Combining the cost of designer glasses and contacts, you may be spending around $2,000 per year.

When you do the sums of what glasses or contacts will cost you over your adult lifetime, it pays dividends to invest in the long-term permanent solution of laser eye surgery. The earlier you have laser eye surgery, the more you’ll save.

At Lions Laser Vision, the cost of laser eye surgery in 2023 was $6,800 for both eyes with LASIK laser eye surgery. The cutting-edge but still cost-effective technology used in SmartSight laser eye surgery is a little higher at $7,500 for both eyes. There are no hidden extra fees or costs, and it covers the consultations for four weeks after the procedure. Doing the math, it doesn’t take too many years to recover the cost once you’re not paying for designer glasses or contact lenses.

While we understand laser eye surgery has a lump sum amount to pay up-front, there are payment options to take the sting out of the cost. A Humm90 Payment Plan allows you to buy now and pay later for your laser eye surgery. With an interest-free period, no deposit, and repaying extra at any time with an annual fee of $99, it’s a payment option that suits some people. Lions Laser Vision also accepts EFTPOS and credit card.

Not all health insurance funds cover laser eye surgery, but some allow claims as part of their top Hospital and Extras cover – note they all have waiting periods of between 12 and 36 months. Lions Laser Vision can provide patients with a quote to contact their private health fund and ask how much they can claim for the laser surgery.

According to many of our patients, having a permanent fix to your vision problem is worth every cent of the outlay. Some have had vision problems their whole life, so being able to throw away their glasses or contacts is a big relief.

Not wearing glasses while playing sports can make life much easier and more enjoyable. You’ll be able to stop worrying about lenses increasing the risk of developing keratitis, an infection of the cornea, and other health-related issues.

Your future self will thank you for taking action to fix your vision so you no longer have to pay for glasses or contact lenses. Get dreaming because once this expense is freed from your budget, you’ll have extra cash to spend (or save)!

Ready to invest in your future? Schedule a consultation today to get a detailed cost breakdown and explore payment options.