Using Your FSA and HSA Funds at Hauser-Ross Eye Institute

Did you know you could use your flex spending dollars on virtually ALL your eye care needs?

Flexible Spending Account (FSA) funds expire at the end of every calendar year. You will lose whatever money is left in the account if you don’t use it. If you have remaining dollars in your FSA, eye care expenses are a great way to use those benefits before they expire at the end of 2022!

What is a Flexible Spending Account (FSA)?

FSAs were created by the federal government to allow employees to pay out-of-pocket medical expenses tax-free. The benefit allows you to deduct money from your paycheck before taxes for health-related expenses. Using an FSA can save people 30% on health-related expenses, according to fsafeds.com.

How do Flexible Spending Accounts work?

For health and dependent-care expenses, Flexible Spending Accounts allow employees to withhold up to $2,600 per year tax-free. Either funds are deducted from the account via debit card or the employee can submit receipts and be reimbursed.

When do Flexible Spending Account benefits expire?

Typically, benefits expire on December 31 or March 31 depending on the provider’s calendar year. This is also known as the ‘use it or lose it’ rule because any money left in the Flexible Spending Account after this date is forfeited.

What do my eligible eye care options include?

  • Eye exam co-pays
  • Prescription eyeglasses;
  • Contact lense
  • Prescription sunglasses
  • Reading glasses
  • LASIK
  • Specialty Lenses
Patient Portal Ways to pay Request an Appointment 1-800-243-2587

Our locations

1630 Gateway Drive
Sycamore, IL 60178
Hours
Mon – Thu 8am – 5pm
Fri 8am – 4pm

Optical
Mon – Wed: 8am - 5pm
Thu: 8am - 6pm
Fri: 8am - 4pm

4105 North Perryville Rd.
Loves Park, Illinois 61111
Hours
Our Loves Park location has permanently closed. Please contact our Sycamore office 815-756-8571 to schedule your appointment.

6814 Sheridan Road
Chicago, IL 60626
Hours
Mon: 10am - 7pm
Tue: 9am - 5pm
Wed: 10am - 7pm
Thurs: 10am - 7pm
Fri: 9am-4pm
*Closed between 1pm-2pm every day

3711 W. Lawrence Ave.
Chicago, IL 60625
Hours
Mon - Thu: 10pm - 7pm
Fri: 9am - 5pm
Sat: 9am - 3pm

2515 Klein Road
Sycamore, IL 60178