Group vision insurance is a type of insurance policy that provides coverage for vision-related services and products to a group of individuals, typically employees of a company or members of an organization.
Under this type of policy, the employer or organization pays a portion of the premium, and the employees or members typically pay the rest through payroll deductions or direct payment.
Group vision insurance plans typically provide coverage for routine vision exams, eyeglasses or contact lenses, and in some cases, procedures such as LASIK surgery.
One of the advantages of group vision insurance is that it can help promote eye health among employees or members, leading to better overall health outcomes and productivity. Additionally, group vision insurance can help to reduce the cost of vision-related services and products for individuals, as the premium is typically lower than the cost of paying for these services and products out of pocket.
It's important to note that group vision insurance may have limitations on coverage, such as the frequency of exams or the type of lenses or frames covered. Therefore, it's important to carefully review the plan and its coverage before enrolling.