2024 Vision Plans
The Company’s vision plans help cover the cost of eye exams, contact lenses, and eyeglass frames and lenses. You may receive care from any eye care provider you choose; however, both plan options pay more when you receive care from a VSP in-network provider.
VSP offers a huge network of independent private practice doctors and over 700 Visionworks® retail locations nationwide, popular retailers (e.g., Pearle Vision, Walmart, Sam’s Club, Costco, My Eye Dr. and Cohen’s Fashion Optical) and an online option through Eyeconic. VSP members can shop the latest designer glasses and name-brand contacts online at Eyeconic.com® with their VSP benefits.
You have two options for vision coverage:
- The VSP Option 1 is a higher-cost vision plan with higher copays and higher reimbursement levels for frames and materials.
- The VSP Option 2 is a lower-cost vision plan with lower copays, lower reimbursement levels for frames and materials, and access to the Kids Care Plan.
You can enroll in vision coverage as a new hire, during Annual Enrollment, or if you have a qualifying life event.
Key features
Eye exam covered every year
with only a small copay charged to you.
Coverage for eyeglasses or contact lenses
so you can choose the method of vision correction you prefer.
Wide network of providers
saving you money with more generous in-network benefits.
Coverage details
| VSP Option 1 | VSP Option 2 | |||
|---|---|---|---|---|
| In-Network | Out-of-Network | In-Network | Out-of-Network | |
| Paycheck Contribution | $$ | $ | ||
| Eye Exams (once every calendar year) | $20 copay | Reimbursement up to $45 | $10 copay | Reimbursement up to $45 |
| Frames and Materials* (once every calendar year) | After $20 copay, you receive $180 retail frame allowance or $230 featured frame allowance (20% discount on amount over the allowance); $100 frame allowance at Costco and Walmart | Reimbursement up to $70 | After $20 copay, you receive $150 retail frame allowance or $170 featured frame allowance (20% discount on amount over the allowance); $80 frame allowance at Costco and Walmart | Reimbursement up to $70 |
| Eyeglass Lenses (once every calendar year) | Polycarbonate, standard progressives, and tinted/light-reactive lenses are included in the $20 materials copay (discounts on all other lens options) | Reimbursement of: $45 (Single) $65 (Bifocal) $85 (Trifocal) $125 (Lenticular) |
Polycarbonate lenses, standard progressive lenses and scratch coating are included in the $20 materials copay (discounts on all other lens options) | Reimbursement of: $45 (Single) $65 (Bifocal) $85 (Trifocal) $125 (Lenticular) |
| Kids Care Plan | N/A | N/A | Two comprehensive eye exams with $10 copay An additional pair of lenses, if necessary, with a required minimum prescription change |
N/A |
| Contact Lenses (once every calendar year in lieu of frames and eyeglass lenses) | Copay not to exceed $60 for contact lens exam; $150 contact lens allowance | Reimbursement up to $105 | Copay not to exceed $60 for contact lens exam; $150 contact lens allowance | Reimbursement up to $150 |
| Medically Necessary Contact Lenses | Covered in full after applicable copay | Reimbursement up to $210 | Covered in full after applicable copay | Reimbursement up to $210 |