Cataract Financing

Medicare

In May of 2005, the Centers for Medicare and Medicaid Services issued a ruling allowing Medicare beneficiaries undergoing cataract surgery to choose, at an added fee, a presbyopia-correcting IOL that provides distance, intermediate and near vision with reduced spectacle dependence. The ReSTOR® and ReZoom® IOLs qualify under this ruling.

Under the new policy, Medicare will continue existing reimbursement amounts for cataract surgery, and patients may elect to pay additional charges for advanced technology lenses such as the ReSTOR® and ReZoom®.

Private Insurance

Insurance policies vary, but most private insurance companies cover cataract surgeries involving a conventional IOL. Some insurance companies are following the lead of Medicare and offering patients the choice to pay for the additional costs associated with ReSTOR® and ReZoom®.