I just had my annual eye exam. I was comparing my annual premium and how much it would cost without insurance.
My annual insurance premium costs $155.76.
For procedures that are covered, here is the breakdown:
Refraction: $35, insurance covers $22.60, I paid $12.40
Eye Exam: $235.00, insurance covers $185.40, I paid $49.60
Contact Evaluation: $100.00, insurance covers $15.00, I paid $85.00
Optomap: $39.00, not covered
Total Before Contact Lens Purchase: $409.00, insurance covers $223.00, out of pocket $186.00
Instant Rebate: $47.00 (not actually sure what that is)
One Year's Supply of Contact Lens: $217.96, insurance covers $150.00, I paid $67.96
Total with tax without insurance coverage: $626.96 (before any rebate, if any)
Total with tax with insurance coverage: $211.84
I looked into how much contacts would cost without using insurance:
Lens.com: $233.87, mail-in rebate $85.00, I'd pay $148.87 with tax and $9.95 shipping
1-800-Contacts: $243.96, 30% discount $73.19, mail-in rebate $35.00, I'd pay $135.77, free shipping, not sure how much tax would be.
So, just for contacts, I saved $67.00-$80.00 if I have insurance coverage.
Basically, I saved $56.08 total with insurance coverage; without insurance coverage, it would have cost me about $197 more before contacts.
Total paid out with insurance: $367.60
Total I would have to pay if I didn’t have insurance coverage: about $550.00 (rebate applied)