LASIK Insurance Coverage for Quicken Loans Employees

Quicken Loans is one of the biggest employers in the Detroit-Metro Area and many employees frequently wonder if their insurance through Quicken Loans will cover LASIK. While we wish there were a simple answer to that question, it’s a bit more complicated than a quick yes or no. Like any company, different positions come with different benefits, all the way from contractors who generally receive no benefits to upper management who may have the “Cadillac” health insurance plans. 

That said, some health insurance policies offered by Quicken Loans may cover LASIK. However, coverage can vary even within Quicken Loans depending on a number of factors such as the particular plan selected, employee-enrolled benefits, and seniority.

How Quicken Loans’ Health Insurance Works

Quicken Loans is one of the country’s leading employers when it comes to quality of life and their extensive benefits package backs that up. For employees working the Metro Detroit Area, Quicken Loans started an entire office to handle routine healthcare issues under the umbrella of Rocket Companies. In fact, the main area where many Quicken employees can receive healthcare treatment is through their Rock Health Collective located in the First National Building in downtown Detroit. In addition to the Rock Health Collective center, Quicken Loans provides additional health insurance in coordination with Blue Cross Blue Shield of Michigan–another excellent Detroit-based company. 

Finding Out if Your Quicken Loans Insurance Covers Your LASIK

Our guide will help you gather the information you need and then provide resources to determine if LASIK is covered under your Quicken Loans employer Insurance. To do this you will need to locate some information and then call the phone number on the back of your Blue Cross Blue Shield of Michigan insurance card to confirm your coverage.

Gather Information For LASIK Coverage

Make sure you have all of your insurance information. You will need both your group code and policy number located on your health insurance card.

Know the LASIK CPT insurance code

Insurance companies use a system of universal codes, called CPT codes, to describe services that they cover. LASIK, is represented by the universal CPT code: S0800. S0810 is for PRK, and 66999 is for SMILE. When you communicate with your insurer, you will need to provide these numbers so they can confirm your coverage. These codes are used to avoid ambiguity when coverage is being determined.

Does Insurance Cover LASIK

Does Quicken Loan’s Health Insurance Cover LASIK?

Some insurance does indeed cover LASIK and other laser correction procedures. However, you should confirm your coverage by checking with different sources of information.

How Can You Determine If Your Insurance Covers LASIK?

Option 1: Ask your Quicken Loans’ HR Department

Potentially one of the easiest ways to determine whether or not your Quicken Loans health insurance covers LASIK is by reaching out to the Human Resources department. The HR department should be able to review your policy and advise you whether or not LASIK is covered under your BCBSM plan. Additionally, other options to pay for LASIK could exist in the form of Health Savings Accounts (HSAs) which can be used to pay for LASIK. While this is not insurance, strictly speaking, FSAs can help to reduce the immediate costs of the procedure.

Option 2: Ask Your Insurer Directly

You can also call the BCBS member services and ask them if you are covered for LASIK, SMILE, or PRK vision correction. Your member services phone number is on the back of your card, or you can call 313-225-9000. Specifically, ask if you have coverage for the procedure code S0800 (the insurance CPT code used to describe LASIK). When you call BCBSM, make sure you have your card handy with your ID number and group number.

Option 3: Let us help you figure out if your Quicken Loans insurance covers LASIK

The easiest way to get the answer to the question “Does my Quicken Loans’ insurance cover LASIK?” is to come to the Laser Eye Institute for your complimentary initial consultation. Your LASIK coordinator will determine if your insurer covers all or part of LASIK, SMILE, or PRK.

If you don’t have coverage or your BCBS insurance benefit only offers partial coverage, we can help you determine what alternative funding methods are available for you. In fact, scheduling a consultation with Laser Eye Institute can be one of the easiest ways to see what your coverages are. Not only will you get a free consultation, we’ll help you determine exactly what your coverages are. You can also pay for LASIK using money from your health savings account or through our 0% financing offer.

Dr. Haddad Consultation

Key Laser Vision Correction Details

There are some important details that future laser vision correction patients should be aware of to understand all of the costs associated with the procedures. First, coverage for corrective procedures usually covers the procedure itself and any follow-up appointments needed 90 days immediately following the procedure. If you need any follow-up appointments after the 90-day mark, these costs may be out-of-pocket.

Furthermore, the procedures approved by your insurance company may only correspond to the first-generation procedures that use blades. Bladeless procedures, like those at Laser Eye Insititute, may carry an “upgrade” charge because of the bladeless nature of the procedure.

Finally, many patients will still have a copay and a deductible that needs to be used before the insurance will kick in and pay for the procedure. We recommend getting clarity from your insurance provider about the total costs involved before making a decision one way or the other. This will eliminate any unwelcome billing surprises.

Pro Tips for Budgeting for LASIK

Pro Tip 1: Know your cost-share

Even if LASIK is a covered benefit under your plan, you may still have a deductible or copay to consider when budgeting for your vision correction. If you call BCBSM or communicate with your HR department about LASIK coverage, make sure you ask for clarification regarding other costs that may be associated with the procedure.

Pro Tip 2: Check your vision insurance plan

If you have vision insurance, in addition to your medical insurance, your vision insurance may offer partial coverage, a discount plan, or a pre-negotiated rate. Discount plans can be especially attractive to many patients when combined with the option to finance the procedure. This can reduce the financial burden of laser vision correction to a very reasonable monthly payment. Remember to check your vision plan, as these are frequently offered through an employer with a separate insurance company.

Pro Tip 3: Set up your introductory consultation and we’ll help you find out.

When you bring your insurance cards or member information to your complimentary consultation, your Laser Eye Institute LASIK coordinator will check your benefit coverage directly with your insurance company or companies. We will help you determine precisely what’s covered and what out-of-pocket costs you’ll need to manage.

If you’re considering LASIK, during your initial consultation with the Laser Eye Institute, we will review every aspect of your case with you—from initial measurements of your specific vision correction needs and creation of your unique treatment plan through the actual LASIK treatment and post-op care. You’ll know exactly what to expect, including what your BCBS insurance covers and what your investment will be.

If you’re interested in finding out more about whether or not your LASIK procedure will be covered, one of the best ways is by making an appointment with Laser Eye Institute. The initial consultation is totally free and we will be able to find your coverage as well as give you all the information you need to decide if LASIK, SMILE, or PRK is right for you. Set up your initial LASIK appointment now and start seeing clearly!

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David Lemieux, BA from Oakland University is a LASIK expert and marketing professional that has worked with Dr. Dan Haddad and the Laser Eye Institute since 2017. David believes in education and cutting through the noise to deliver facts and opinions about LASIK, SMILE, and all things Laser Vision Correction.