Vision Insurance

A vision insurance plan vs. a Quikcard flexible vision care account

Traditional vision insurance plans identify a specific amount of coverage that can be accessed within a certain time period. When the amount of insurance is not enough to cover the entire cost of a yearly eye exam and a complete pair of prescription glasses, you have to pay for the balance with pre-tax dollars.

Another scenario is when blanket vision insurance is offered to all employees of a company. If you and your family have no need for glasses or advanced vision care, you continue to pay vision insurance premiums – year after year – while never accessing the benefit.

Quikcard is better than vision insurance

With a Quikcard vision care plan, your company sets up a health and vision spending account (HSA), from which you can access funds as you need them. Your company determines the amount of vision coverage that is suitable for all employees, and unlike insurance, money that is unused remains in your account.

These funds can be refunded at the end of the contract year or applied to the following year. With Quikcard, you never lose what you don't use!

The benefits of a Quikcard vision spending account in Canada

Any incorporated company, limited company, or sole proprietor in Canada can take advantage of a Quikcard HSA. Businesses are able to deduct the money paid toward employee health benefits as a business expense and then offer employees a non-taxable health benefit.

Your vision care coverage may include:

• Eye exams
• Contact lenses
• Traditional lenses and frames
• Laser eye surgery
• Eye drops and medication

If you're a Canadian business owner, discuss the advantages of a Quikcard health and vision plan with your accountant. If you're an employee, tell your employer about this innovative concept. We'd be happy to perform an assessment of your benefit needs and help you start saving money on your vision care plan.

Quikcard... Flexible Plans. Better Vision Coverage.

Discover the benefits today...