A 23-year-old professional, Priya residing in New Delhi discovers she needs to undergo LASIK surgery in a preventive eye care check-up drive set up by her employers. Prolonged screen hours have degraded her already weak eyesight even further. However, despite having a health insurance plan she hesitates to undergo LASIK surgery as one question runs through her mind 'Does health insurance cover LASIK'?
In this blog, we explore topics surrounding LASIK health insurance
LASIK expands to 'laser-assisted in-situ keratomileusis' and it is becoming an increasingly popular procedure to treat eyesight problems like:
Individuals with any of the conditions mentioned above are often prescribed corrective lenses or spectacles.
Doctors suggest LASIK Surgery if the patient's eyesight has been stable for over a year with no further degradation in their eyesight. LASIK eye surgery involves a precise laser that reshapes your corneal tissue bit by bit leading to improved vision. LASIK eye surgery is a quick procedure lasting about 30 minutes offering you a better quality of life wherein you do not require corrective lenses.
Different types of LASIK eye surgeries that are performed on patients for corrective measures are:
Procedure | Average Cost |
---|---|
LASIK (Laser-Assisted In-Situ Keratomileusis) | INR 25,000 |
SBK (Sub-Bowman's Keratomileusis) | INR 35,000 |
Femtosecond LASIK | INR 80,000 |
SMILE (Smile Incision Lenticule Extraction) | INR 80,000 |
Contoura Vision LASIK Surgery | INR 1,00,000 |
'Does Health Insurance cover LASIK' is a question often overlooked when purchasing a health plan unless you plan on undergoing corrective LASIK surgery. Most health insurance plans cover LASIK eye surgery however, the waiting period and conditions may vary from plan to plan.
It is important to read the terms and conditions before purchasing a health plan to determine if your health plan covers the same.
IRDAI (Insurance Regulatory and Development Authority of India) has issued guidelines stating when a health plan covers you for LASIK surgery.
Availing of corrective eye surgery like LASIK can be expensive if paid fully out of pocket. The cost of LASIK eye surgery in India may start from as low as INR 25,000 and can go as high as INR 1.5 Lakhs or more.
The cost of LASIK eye surgery also depends on several variables:
Doctors prescribe their patients to undergo LASIK eye surgery between the ages of 18 to 40 years. Any individual who requires corrective eyesight surgery must be over the age of 18 and have stable eyesight for almost a year with no further degradation.
Individuals over the age of 40 years are covered for LASIK by their health plan based on their medical history and diagnostics as suggested by their doctor.
With the ascending number of people suffering from eyesight-related ailments, the need for LASIK eye surgery has increased. Health insurance companies now are increasingly including LASIK eye surgery after a certain waiting period and up to specified sub-limits as per policy schedule.
PolicyX answers your question 'Does Health Insurance Cover LASIK' through this article along with providing you with a list of LASIK health insurance. For any further clarification speak to our insurance experts.
To determine if your health plan covers LASIK eye surgery, kindly read the policy documents carefully. However, most health insurance providers today cover refractive correction surgery also called LASIK eye surgery.
Yes, LASIK eye surgery is covered by health insurance providers after you have served a waiting period as set by the policymakers. It may vary between 36 and 48 months depending on your health insurance provider.
The different LASIK eye surgeries you can avail of are:
As per IRDAI, you are covered by a health insurance plan for LASIK eye surgeries if
Yes, health insurance covers LASIK eye surgery with specific sub-limits as specified in the policy schedule of the health plan you purchase.
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Simran is an insurance expert with more than 3 years of experience in the industry. She may have all the answers to your insurance queries. With a background in Banking, she proactively helps her readers to stay on par with all the latest Insurance industry developments.