Latest Technology’s Best Eye Treatment- Lasik Surgery
In considering LASIK surgery, many of the benefits are obvious. Being able to wake up in the middle of the night and look at your clock, your book, or even your spouse without fumbling for your glasses. No broken frames, scratched lenses, or lost glasses. No crawling around on the floor looking for a lost contact, no risk of bacterial infection (and the exacting cleaning regime), or constantly buying and replacing disposable lenses.
But what many people don't consider is that, although LASIK involves an initial outlay of a significant amount of money, it may save money over time. That's right, LASIK surgery is actually cheaper than glasses and contacts.
LASIK: Long-Term Benefits
The benefit that makes LASIK cheaper than glasses and contacts is longevity. If you have LASIK when you are 25, you can easily expect 15 years of corrected vision before presbyopia begins to set in, requiring the use of reading glasses or further corrective procedures. The average cost of LASIK is about $1500 per eye, or $3000 if you need both eyes corrected. What is the cost of glasses or contacts for 15 years of corrected vision?
If you use daily disposable contacts, you might be able to get them for as little as $0.66 per each, or $1.32 / day. Over 15 years that adds up to over $7200, or 2.4 times the cost of LASIK! Of course, you can cheat a little bit, right, and not change your disposables every day. Doing so increases the risk of vision-threatening infections, and you'd have to wear every lens for three days to save money over LASIK.
But glasses are definitely cheaper, right? If you buy mid-priced lenses (assuming you don't need high index lenses, which can be as much as 2.5 times as expensive), they may cost you about $100, and you may be able to get frames for as little as $150, if you either buy cheap frames or get them from a discount outlet. Add in the eye exam, and you're looking at around $350 all in. If you assume you only need to buy glasses every 2 years, 15 years of vision correction will cost about $2800. Hey, that's cheaper than LASIK!
Actually, no, it's not. Because LASIK is all paid for now, its cost is locked in, but eyeglasses and contacts get more expensive due to inflation. So, the glasses you buy today cost $350, but if we assume a flat inflation rate of 3 % per year--which is unrealistically low--the glasses you buy in two years will cost $371, and the ones you buy in four years will cost $393, etc. So, after 15 years, the total adjusted cost for glasses is over $3400. And the adjusted cost for contacts? 15 years from now, you can expect to pay over $747 for one year's worth of lenses, up from the $480 annual cost today.
LASIK may be expensive today, but it is clearly a good investment when compared to glasses or contact lenses.
To learn more about the cost of LASIK compared to glasses, schedule a LASIK consultation at the Khanna Institute of LASIK & Refractive Surgery in Orange County, California.
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