Study Shows Benefits of Vision Plans

A recent study concluded that employers who offer their employees stand-alone vision benefits experienced $5.8 billion in cost savings over four years due to reduced healthcare costs, avoided productivity losses, and lower turnover rates. It also found that individuals who receive an annual comprehensive eye exam are more likely to enter the healthcare system earlier for treatment of serious health conditions, thereby significantly reducing their long-term cost of care. Additionally, people are more likely to get an annual comprehensive eye exam than a routine physical. The study was conducted by HCMS Group, a human capital risk management firm. Read more.