Vision insurance companies look Appealing and fascinating at its sight, but the reality is known to those who pay the regular premiums and get minimal returns. According to the surveys and studies, it has come up that only 76% or a bit more people in the U.S. use contact lenses for glasses because of the high cost of acquisition and maintenance of the same.
Just like the US Health Group Spectera vision insurance, there are numerous vision insurance companies in the U.S. One favors the requirement and budget of the person getting insured highly depending upon the insurance policies and facilities covered under the insurance. However, these evaluating criteria are highly lucrative and non-supportive to the insured.
The scenario could have been better if the benefits of the premium paid during the year are available even beyond 24 months. Additionally, the insured is given the advantage to exercise for the network providers.
Here are the six best vision insurance companies in the U.S. However, the data may help the person looking for vision insurance to finalize and select the best insurance policy for themselves.
VSP is affiliated with A+ by the Better Business Bureau (BBB) and is recognized as one of the largest vision insurance providers in the U.S. VSP caters to nearly 23,000 points of service with 73,000 points. VSP is known for its tiered plans and relatively economic pricing policies.
There are numerous VSP plans based on the need, location, and state of eyes problem of the insured.
However, the national plan is accessible as a standard tiered land for each individual residing at different locations. The premium of VSP is $11.20 per month with an approximate benefit of up to $270 in the form of a $150 allowance for contact lenses or frames. Beyond that, the person may get Additional features to the eye lenses such as scratch-resistant, anti-glare, light adjustable, blue light-resistant, etc. With payments on the person’s side availing the service.
EyeMed is based in Cincinnati, Ohio but operates throughout the U.S. to collaborate and coordinate between network providers such as LensCrafters, Pearle Vision, Target Optical, and others. There are only 20,000 points of service of EyeMed in the entire nation.
EyeMed is not preferred over other vision insurance companies because it does not provide heavy discounts on the frames and contact lenses after eye exams and diagnosis. There are three tiers of EyeMed based on the variety of insurance premium and cost coverage; they are EyeMed Healthy, EyeMed Bold, and EyeMed Bright. Each of the three tiers might give a straight discount of 5% based on the insured’s location.
- UnitedHealthcare (Golden Rule Insurance)
UnitedHealthcare (Golden Rule Insurance) falls under the US Health Group Spectera vision insurance. It comes under one of the most economical and cost-efficient vision insurance companies in the nation. As its annual premium rate in the copay frame rates are, in contrast, are favorable to the insured in comparison to other insurance providers.
UnitedHealthcare (Golden Rule Insurance) insurance plans may allow $150 on in-network frames, plus upto $75 while the out-of-network program is executed. Under either of the plans chosen, the insured is provided with a discount of $10 on the annual eye examinations and lens trails throughout the year. Facilities of Golden Rule Insurance company are available throughout the U.S. except for a handful of states.
- Direct Vision Insurance
Direct Vision Insurance is Affiliated with Ameritas for underwriting the insurance policies. The annual insurance plans of Direct Vision Insurance are highly favorable in terms of the low yearly premium and numerous deductibles throughout the year. They cater to individuals, couples, and families under different insurance plans. In total, the insurance covers four million people in the U.S.
Only a $9.22 per month premium plan covers the cost of frequent eye examinations, testing, and deductibles on the frames and lenses, which is highly economical and cost-effective for the insured than other insurance companies. The insured need not wait even for a second while selecting a and getting the guidance for finalizing the insurance policy. Moreover, the insured has an option to terminate the insurance policy within the period of 30 guaranteed days.
Humana backs an AM Best rating of A- and BBB+ ratings by Standard & Poor’s. Humana is well known for its Cost-effective insurance plans and the huge discounts on frames and frame trials.
Additionally, Humana provides a collective off of 20% on the overall and accumulated balance on the frames. Moreover, a 15% discount is given on the overall balance of contact lenses after getting the standard deductions. Humana has its wings of service in all the major cities except Alaska, Hawaii, Montana, Oregon, Rhode Island, Vermont, and Washington. Even Humana Covers the cost of material to provide regular surgeries. However, the insurance company will not entertain the cost of corneal or elective refractive surgery at any point in the past.
The Old-Line Bankers Life Insurance Company of Nebraska was founded in the year 1889 a letter on the insurance company changed its name to Ameritas. AM Best and Standard & Poor’s have tagged and recognized Ameritas as one of the best insurance companies in the U.S. Ameritas Caters to more than 4 million people nationwide through its service centers spread across the country. No waiting period is one of the most exclusive features attracting the potential insured to get the insurance policy.
An average of $23.47 is charged from the insured per month to get the facilities of eye exams, frames, and lenses every 12 months. But the lower-tier insurance plan includes the frame replacement after 24 months. Ameritas has quite a high insurance Premium per month. Still, the facilities and quality of services provided under the plans are exclusive and personalized to suit the need of the person getting insured.
Protection of the eyes in frequent exams, contact lenses, or replacement of frames is inevitable and needs constant and continuous maintenance. The insured should consider the different aspects and factors responsible before finalizing and purchasing any vision insurance policy from the entire gamut of the US Health Group Spectera vision insurance.