The California Optometric Laser Associates offers the best possible care at the most reasonable prices for refractive procedures. Although all of our doctors are all affiliated through our company and have agreed to a global customary fee, COLA, Inc. does not determine how much each doctor charges for their services. Each doctor sets a competitive price for their region or based on the needs of the individual patient.
Financing Made Easy
The California Optometric Laser Associates, Inc. offers a variety of flexible finance options. These financing plans are very affordable, and we will help you find the best payment plan for you. You can apply for financing online, or print the application and fax or mail it to COLA, Inc.
For more information regarding prices and payment options, please contact a COLA, Inc. representative at 1-877-414-COLA.
Apply for Financing Online
Flexible Spending Accounts Can Make Laser
Vision Correction Even More Affordable
Save up to 50% on laser vision correction
Thousands of companies now offer their employees this versatile – yet underutilized – benefit, sometimes referred to as a “flex plan” or “cafeteria plan.” An FSA can save you hundreds of dollars on medical bills and can be used to pay for laser vision correction. Depending on your tax bracket, using an FSA to pay for vision correction could save you up to 50 percent.
How it works
Money set aside in an FSA escapes both federal and state income tax and also Social Security tax. By law, the maximum amount you can contribute to an FSA is $5,000, but most companies limit contributions to $2,000 or $3,000.
FSAs are not just a savings account. They save you money by decreasing the amount of taxes you pay. For instance, if you make $35,000 per year and pay 16% Federal Tax; 6% State Tax, and 7.65% FICA Tax, your total payroll taxes would be $10,377. However, if you contribute $3,000 to your FSA you would pay the same percent of taxes on only $32,000. This would give you net savings of approximately $900. The higher your tax bracket, the more you save.
How to enroll in an FSA
Check with your benefits manager at work to find out if FSAs are offered by your company. Employers open enrollment for FSAs only once a year. Some enroll in late fall and some in the spring. When your benefits manager sends out an enrollment form, fill it out immediately. You’ll probably only have a week or two to sign up.
On the application, you'll need to decide how much of your salary you want deducted from each paycheck. This money will be deposited in your health care FSA. Most companies allow you to spend the money any time during the year, even when it has not fully accumulated in your account.
In addition to insurance plans and employer flexible benefit plans, you may be eligible for a tax deduction. Currently, tax payers who itemize deductions may claim medical and dental expenses in excess of 7.5% of their adjusted gross income. Consulting with your tax advisor will help you determine whether this benefit applies to your situation.
What to do now
If you’re thinking of setting aside money in an FSA so that you can save up to 50 percent on laser vision correction, schedule an appointment now to find out if you’re a candidate for the procedure. With FSA’s and our affordable payment plans, laser vision correction will never be more affordable!