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I usually end up getting my annual eye exam in December every year, and before I got LASIK this invariably meant new lenses. Usually I always had FSA money su
by ben1040 13y ago
I usually end up getting my annual eye exam in December every year, and before I got LASIK this invariably meant new lenses. Usually I always had FSA money subject to a "use it or lose it" policy, too; my employer chose to opt out of giving the grace period to spend it into the following year. So I'd end up plowing that cash into new frames rather than just new lenses because I didn't really have anything else to spend it on.
I wonder how policies like the addition of FSA grace periods, and the brand new policy allowing rolling over up to $500 over to the following year's FSA plan [1], affect Luxxotica's bottom line. I imagine I can't be the only one who, through inaccurate forecasting of the upcoming year's expenses, had a bunch of cash left in my FSA account and decided to burn it on glasses.
[1] http://online.wsj.com/news/articles/SB10001424052702303843104579170044087550508 http://online.wsj.com/news/articles/SB1000142405270230384310...