Straight To The Source: How Businesses Are Bypassing Health Care Costs

Medical providers, like New York City Ophthalmologist Doctor Ilan Cohen, are partnering with companies to offer free vision benefits to their employees.

NEW YORK, February 2, 2010 – With health insurance expenses fast becoming the greatest cost component for employers, companies are looking for creative alternatives to providing medical benefits for employees. New corporate discount programs direct from the health care provider may be one solution.

Elective procedures like laser vision correction, an increasing popular choice for glasses or contact wearers, are not covered by standard employer-based insurance plans. While a handful of plans offer a discount on LASIK surgery, the majority are without vision coverage of any kind. This presents a significant challenge for employers hoping to provide modern eye care benefits to their workers.

In an effort to become a part of the solution, Manhattan’s Fifth Avenue Eye Center is partnering with companies to offer their employees, as well as immediate family members, a Corporate Vision Discount. “With modern options like blade-less LASEK, LASIK, PRK, and even VisianICL implantable contact lenses, prescription lenses are a thing of the past” says Dr. Ilan Cohen, Director of New York City’s Fifth Avenue Eye Center. “Modern vision correction options are becoming common-place procedures, and patients are looking for more ways to pay for those surgeries”.

While practices like The Fifth Avenue Eye Center do offer financing plans and flex-spending options, the out of pocket cost of laser vision correction is thousands of dollars. A Corporate Discount Program cuts as much as 400 dollars from the procedure, at no cost to the company or employee. “With programs like these we’re hoping to give patients more affordable, accessible options for the vision correction they want and may very well need. For employers, providing that discount is a substantial addition to the benefits package. It’s a win-win for everyone involved” said Dr. Cohen.

About Dr. Ilan Cohen

Dr. Ilan Cohen is a leading Ophthalmologist and Director of the Fifth Avenue Eye Center in New York City. As the first surgeon to perform artificial corneal transplants in the New York Tri-State area and a number of other cutting edge surgical techniques, he is regarded as an expert’s expert. Dr. Ilan Cohen has been featured on such prominent news outlets as CBS, CBNC and Fox for his innovative surgical techniques and continues to drive advancements in the medical field.

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Contact: Katie Kelly (212) 764-202 [email protected]

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