What to Do if Insurance Won’t Cover Vision Therapy?
Individuals and families come to us seeking professional help with vision therapy, but may find medical insurance will not readily help cover the out of pocket costs. Often a gap exception, or network deficiency exception, may be applied for. This will allow for payments to be applied towards in-network deductibles, but not every insurance company makes this possible.
We understand the commitment required of Vision Therapy, but we are also aware of the truly life-changing impact Vision Therapy can have on children and adults of all ages. Our goal is to ensure insurance or any financial reason is not the barrier preventing you / your child from receiving the necessary life-changing care.
It’s important to understand the unwillingness of your insurance company to pay for services does not reduce the need for obtaining treatment. While Vision Therapy is not inexpensive, it can be seen as an investment in yourself or your child’s future.
If you find yourself stuck between much needed care and the potential cost, these creative suggestions to cover out of pocket expenses are for you.
Vision Therapy costs estimate around $2,000 – $6,000 for all evaluations, therapy, progress examinations, and follow-up post-therapy visits.
1.Finance through Care Credit
Care Credit is a reputable company that can help you finance Vision Therapy costs and is offered on a 6-month financing plan here at Nebraska Visual Integration Center. Care Credit provides you with a revolving line of credit with deferred interest plans that you can use for Vision Therapy treatment. Many families take advantage of the benefits of Care Credit for orthodontics (braces) as insurance often deems braces as an elective procedure similar to Vision Therapy.
Affordable monthly payment plans can get your costs below $200 a month.
2. Take out a home equity loan or home equity line of credit
Provided you have equity to tap, home equity loans or lines of credit are a great source of money. They have low interest rates and inexpensive closing costs, and because you’d use the loan to pay for the entire treatment up-front, you’d also receive a 10% discount.
A home equity loan or line of credit is generally tax-deductible, which puts more money back in your pocket.
3. Reach out to churches, friends and family
Patients often reach out to their community for help. You’ll be surprised how receptive people will be when they understand the cause. Don’t be afraid to reach out.
4. Appeal to community groups
Besides churches, friends and families, you may also consider reaching out to local groups like the Lion’s Club and Rotary Club. The Lion’s Clubs are big supporters of vision care, and they may be willing to extend some help financially.
5. Get a credit card with zero percent APR introductory rates
You may be able to find a credit card that will offer you a six-month, 0% introductory rate. Pay back the loan aggressively, and you could finance Vision Therapy without paying any interest.
6. Use your Flex Spending or Health-Savings Account
This is another very popular approach. Vision Therapy at Nebraska Visual Integration Center fully qualifies as an approved use of Flex Spending or HSA. Based on your tax bracket, this is a way to save significantly on your costs by spending the money on a pre-tax basis.
Our goal is to ensure every patient who requires Vision Therapy is able to find to way to begin receiving the needed care.
Please contact our Omaha Vision Therapy office (402) 502-0043 or email: [email protected] with any questions and we’d love to help.