Costs of Laser Eye Surgery

Laser eye surgery costs heavily on your pocket if you are not prepared for it. Laser eye surgery gives immediate benefit. There is option of 50% of the payment to be made initially at the time of surgery and balance payment can be made over one year without attracting any interest. Some credit financing plans allow payments to be made over three months, six months or 12 months without interest. Health funds like Medicare and others do not cover laser eye surgery costs but you can take advantage of medical benefit tax offset that makes up some of the costs.

While talking about medical benefit tax offset, tax offset is allowed up to 20% on the sum total of the payment bill if the ‘net medical expenses’ are over $1,500. Medical expenses also include the costs of cosmetic surgery including laser eye surgery costs. Medicare or health insurance does not cover cosmetic surgery for making payment. But these expenses are taken into consideration in medical benefit tax offset. Laser eye surgery costs vary by clinic and country. Only one feature is common everywhere that the costs are quoted per eye. During last four years the cost of laser eye surgery has increased steadily. As compared to cost of $1,500 in the year 2002, today the cost of laser eye surgery hover around $2,000 or more. There are very small numbers of providers that are offering low cost surgery but in such cases mostly some hidden costs or factors are involved. You may have to pay as much as $4000 and $2000 for corneal inserts and PRK (Photorefractive Keratectomy) respectively.