LASIK is the most popular laser vision surgery worldwide and as because it's considered an elective medical procedure (like cosmetic surgery), most health insurance policies do not offer a benefit for LASIK surgery, therefore you will have to pay the entire surgical fee out-of-pocket, so it is very important to get an idea of LASIK pricing.
Main Factors In LASIK Pricing:
The price of LASIK can vary considerably, depending on:
- The type of laser technology you choose.
- The type of surgical instrument used to create the corneal flap.
- Whether or not your pre-op exam and follow-up visits are covered.
- Whether or not your post-op medications are covered in the fee.
- Whether or not retreatments (if necessary) are covered in the fee.
- The skill, reputation, and experience of your surgeon.
- The community and area of the country you live in.
2007 LASIK prices:
Earlier this year, AllAboutVision.com commissioned a report by a leading refractive surgery industry analyst regarding 2007 pricing for LASIK surgery performed in the United States. Among the findings stated in the report:
- The average price for LASIK (and other laser vision correction procedures) among surgeons and laser vision centers who quote a single laser vision correction surgical fee (with no add-on charges for more advanced technology like IntraLase flaps and wavefront-guided laser treatment) is $2,099 per eye ($4,198).
- The average price for wavefront-guided LASIK combined with an IntraLase laser-created flap (often referred to as customized all-laser LASIK or custom IntraLASIK) is $2,357 per eye ($4,714).
- The average price for conventional LASIK combined with a bladed microkeratome-created flap is $1,694 per eye ($3,388).
TLC Vision Corp. and LCA-Vision, Inc. are two of the largest corporate laser vision correction companies in the United States. TLV Vision operates 80 TLC Laser Eye Centers in the U.S. and LCA-Vision operates 70 LasikPlus Vision Centers across the country. Both companies are publicly traded.
In its quarterly filings for the second quarter of 2007 ending June 30, TLC Vision reported $47.0 million revenue from 33,900 procedures, for an average procedure revenue of $1,386 per eye ($2,772).
In its quarterly report for the same period, LCA-Vision reported $69.7 million in revenue from 48,668 procedures, for an average procedure revenue of $1,423 per eye ($2,846).
Neither company's report included a detailed breakdown of how many of the procedures they performed during this period were conventional LASIK surgeries vs. wavefront-guided, all-laser procedures. (Also, average revenue per procedure may not accurately reflect the average price per procedure at LasikPlus and TLC Vision, due to delayed billing, financing, accounts receivable, etc.)