Friday, May 05, 2006

The Cost of Laser Eye surgery

Numbers aren't my strong point. My other half would undoubtedly agree that being frugal with my pennies isn’t my strong point either - I know how to make money but I know how to spend it too.

One thing a few people have said to me about having laser eye surgery is that it’s expensive (as if glasses and contacts are cheaper). Now forgive me for a moment while I go a bit mathematical on you, but let’s just think about this:

I’m 25. If I had successful laser eye surgery it should hopefully last until I reach at least 40-45, after which I’ll get presbyopia or old-age shortsightedness as every good sighted person does. So at minimum that should be 15 years of good sight.

At a bare minimum I would want to update my glasses every 4 years, and the most recent pair cost me £200.

Now the maths bit: (For the sake of my simple brain I’m now going to round up my years of good sight to 16)

With a change of glasses every 4 years that would mean 4 pairs of glasses, which seems like an obscenely small amount. That’s £800. 4 years is a long time to wear the same piece of furniture on your face every single day. Some people have ‘going out’ specs and ‘office wear’ specs etc. I don’t do that but I can see the attraction. (Must point this out to other half later to show that I AM frugal with my money thank you very much!)

So where was I… oh yes, £800 on glasses. Now what about contact lenses?

I currently pay at least £20 a month for monthly contact lenses and solutions.
That’s £240 a year. Over 16 years that comes out at £2880.

That’s £3680, and realistically glasses get broken, scratched, go out of fashion and just get boring – so this is likely to be just a starting figure for realistic costings.

Now, how much does laser eye surgery cost? Ultralase quote basic LASIK or LASEK at £1990 for both eyes.

Conclusion of this experiment: Yes, as a lump sum laser eye surgery would be expensive, but over the years it actually works out cheaper than glasses and contact lenses as a method of correcting my vision.

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