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Flexible Spending Accounts

What is an FSA?

A Flex 125, or Flexible Spending Account (FSA), also known as a Cafeteria Plan, is a plan that your employer may offer as an added benefit. This may allow you to pay for some (qualified) medical expenses on a pre-tax basis. If you are planning on getting a medical procedure that isn’t covered by your medical insurance plan—such as LASIK or braces—then using your flexible spending account could save you as much as 30%.

How does it work?Use it or Lose it!

Woman with Glasses and Piggy Bank with Glasses
Glasses, Calculator, and Coins

How does
an FSA work?

Your plan year will most likely start on January 1st. Typically, in November, your employer will ask you how much you would like to allocate toward your FSA. IRS regulations limit the maximum to $2500. Once you decide on an amount, your employer will put that money into your FSA, which will be active on the scheduled start date. Most employers either give you a credit card with the amount on it or have you submit receipts for reimbursement.

Use it or Lose it!

If you don’t use the funds in your FSA by the end of the year, you could potentially forfeit a large portion of that unused money.

Generally, the funds in your flexible spending account are only available for a couple of months past the end of your employer’s yearly cycle. You may carry over up to $500 in unused funds into the next year.

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What are the Benefits?

By using pre-tax dollars, a flexible spending account helps you save money by reducing your income taxes.

Basically, your FSA dollars are taken out of your paycheck, then the remaining income is taxed. By doing so, you do not pay income tax on the funds allocated to your FSA.

Depending on your tax bracket, this could save you between 15-30% in taxes.

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Eligible Expenses

Any expense that’s considered a deductible medical expense by IRS regulations is eligible, including:

  • LASIK or laser vision correction
  • Deductibles
  • Prescription copays
  • Most elective surgical procedures

Virtual LASIK Consultation Available!


To our valued patients, colleagues, and friends,

In response to COVID-19 and in accordance with local, state, and federal guidelines we have closed our Mountain View and San Francisco offices. Our Santa Rosa office is closed for routine eye care but is available to see patients on an emergency-only basis.

Any consultations or appointments occurring during the shelter-in-place period will be rescheduled.

If you are experiencing an emergency, please call our Santa Rosa office at 707-522-6200

We will provide updates as they come and be sure to announce our reopening as well in advance as possible. From myself, and on behalf of our team here at LaserVue, we wish you and your families the best and look forward to serving you in the future.

-Jay Bansal & the LaserVue team

San Francisco

LaserVue LASIK and Cataract Center San Francisco
711 Van Ness Ave #320,
San Francisco, CA 94102
Location & Map 1-800-527-3745 1-415-346-5500

Santa Rosa

Santa Rosa Business Location
3540 Mendocino Ave. #200,
Santa Rosa, CA 95403
Location & Map 1-800-527-3745 1-707-522-6200

Mountain View

Laservue LASIK Center in Mountain View
1174 Castro St., #112,
Mountain View, CA 94040
Location & Map 1-800-527-3745 1-650-966-0900

Call 1-800-LASER-45 or Schedule a Virtual Consultation