Kevin Knauss: Health, History, Travel, Insurance
Posts related to vision insurance plans for individuals, families, small groups, Medicare eligible.
VSP offers monthly premium discounts for multiple family members. The best deal is if you have a family of more than 3 household members. Blue Shield offers no family discounts. Remember, all individual and family plans include pediatric dental and vision for children 18 years old and younger. There may be no reason to include your children in the vision plan if it is already embedded in the health plan.
Regardless of whether the children’s dental coverage is HMO or PPO, there will be long list of dental services that are no charge for children with in-network dentists.
Vision insurance, in general, is a little squishy in the sense that many of the benefits don’t have set copayment amounts. The plans seem designed more to drive traffic to optometrists than to limit the costs of the members. Granted, lens styles, special enhancements, and frames can vary greatly in cost. But the benefit summary of the vision plans does not give a clear indication of what a pair of glasses is going to cost or if the glasses are a good value after the insurance discounts.
A health plan without your preferred doctors is not health insurance. Similarly, dental or vision benefits without it being accepted by your preferred dentist or optometrist is just a selling gimmick. Consequently, before favoring a Medicare Advantage plan because of the dental or vision benefits embedded in the plan, it is important to learn about the network of providers and if your preferred doctor is in the network.
Covered California has struck a deal with VSP vision insurance plans to offer Covered California members vision insurance. The VSP vision insurance plan is only available to Covered California members. For the bare essentials of vision coverage, the VSP – Covered California plan is very competitive when compared to other insurance plans on the market. However, there are some eye wear options that don’t have specific copayment amounts and could cost the plan member more in the long run.
When searching for supplemental health benefits like dental and vision insurance, be cautious of paying additional fees or joining membership associations tied to the insurance. VSP vision insurance, Delta Dental and AARP all have marketing agreements that mandate the purchase of an association membership or one-time fee. These associations may offer little value to the member and only serve as another revenue stream for the issuing company.
One of the secondary benefits of the Affordable Care Act is the new plan offerings in the individual market. Both VSP and Blue Shield of California have introduced individual and family vision insurance plans (IFP) with benefits rivaling group plans. Just as we have seen the medical benefits for IFP become equivalent to small group plans, the insurers are reworking their dental and vision insurance products to be more comprehensive as well.
