Companies that don?t offer vision benefits may want to rethink their strategy.
Vision disorders can carry a hefty price tag for employers.
According to a report by the Vision Council of America, vision disorders can result in a marked decrease in productivity, costing businesses an estimated $8 billion annually.
Types of Vision Benefits
Employers can offer vision benefits through vision insurance or a discount vision plan.
Vision insurance provides enrollees with eye care services in exchange for an annual premium, a yearly deductible for each enrolled member and a co-payment each time a member accesses a service.
A discount vision plan provides eye care at discounted rates after the employer pays annual premium or membership fee.
Vision insurance generally covers the following services:
- annual eye exams
- eyeglass frames
- eyeglass lenses
- contact lenses
- LASIK and PRK vision correction at discounted rate
Contact us at Group Services for more information about vision care. We service companies in the Iowa and Illinois areas.
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Source: http://groupservicesinc.com/blog/vision-care
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