The cost of laser eye surgery

LASIK (laser-assisted in situ keratomileusis) eye surgery is a type of laser vision correction where a surgeon uses a laser to create a thin flap of superficial cornea, which they then fold back.⁵ The surgeon uses the laser to reshape your corneal tissue to treat your eye condition. Afterwards, they place the cornea flap back down, which adheres itself naturally.

LASIK eye surgery is helpful for those with short-sightedness, long-sightedness and astigmatism. However, you may not be suitable for LASIK if your surgeon deems your corneas too thin or irregularly shaped.

PRK (photorefractive keratectomy), sometimes referred to as ASLA (advanced surface laser), is a laser eye surgery procedure where the surgeon removes the layer of cells covering your cornea.⁵ The surgeon then uses the laser to reshape your cornea to correct your eye condition, before applying a type of contact lens that acts like a bandage to help your eye heal.

PRK is typically used to treat short- or long-sightedness and astigmatisms. Your surgeon might also recommend PRK if your corneas are unusually shaped or you suffer from dry eyes.

ReLEx (Refractive Lenticule Extraction) eye surgery is a surgical procedure where a surgeon creates a lenticule – a tissue disc – inside your cornea.⁵ The surgeon then removes this disc through a tiny incision in your cornea. This bladeless procedure might suit patients who aren’t suitable for LASIK. The quicker cornea healing time also means you may be able to return sooner to certain activities, like contact sports.

During ICL (implantable collamer or contact lens) eye surgery, a surgeon makes a small incision in the surface of your eye before they insert a soft lens behind your iris (which sits in front of your natural lens).⁵ The opening in your cornea will seal on its own.

The lens is designed to remain in your eye, but you can have a surgeon remove it if you wish.

This type of surgery may be useful for those who aren’t suitable for other types of laser eye surgeries. You might find that surgeons recommend ICL eye surgery if you have a high prescription or an abnormally shaped or thin cornea.

The cost of laser eye surgery without insurance depends on the type of procedure you need. We’ve looked at several Australian clinics and provided price ranges based on our findings to give you an idea of how much you might pay for each type of treatment.

Keep in mind that the below prices are only a guide to the average cost of these treatments as of June 2024. They are subject to change, and your treatment may fall outside of these dollar ranges, depending on your circumstances and your surgeon. You should speak to your surgeon and insurer for the full details and cost quotes.

Aside from the procedure cost, there may be additional expenses for laser eye procedures, like:

• Initial consultation. Although some practices offer a free assessment to gauge your eligibility for laser eye surgery, others may charge a fee. You may need a referral from your GP or eye care specialist (e.g. optometrist) to get a free consultation.
• Aftercare follow-up appointments. After your surgery, you’ll typically need to go back to the clinic for a check-up to ensure your eyes are healing well and to ask any questions you may have.
• Enhancement surgery. After your initial surgery, you may require an enhancement surgery to fine-tune your vision. This procedure may come at an extra cost to you, so it’s a good idea to ask your surgeon about the likelihood of needing it.
• Medication. You may be required to take eye drops or an analgesic (e.g. ibuprofen or paracetamol) as part of your recovery. While some providers may send you home with your medication at no cost, others may require you to buy your own.

Some laser eye clinics offer packages where the surgery and other related costs (e.g. follow-up appointments) are included in the price they quote you. However, other clinics may have hidden costs not included in your quote. It’s also worth asking your eye care clinic about their available payment options, as you may be able to set up a payment plan to help ease the cost of surgery.

Hospital policies don’t cover laser eye surgeries, though some policies provide cover for medically necessary procedures like cataract surgery.

Top-level extras policies may offer some cover for laser eye surgery. However, you’ll need to check with your health fund to see if they cover the procedure and how much of the cost will be covered by your policy.

No, Medicare doesn’t typically cover laser eye surgery since it’s considered a cosmetic procedure (i.e. you want to remove your need for glasses). However, if you have a certain eye disease and require medically necessary treatment, the cost of your surgery may be covered or subsidised.

If your doctor says you require a medically necessary treatment, ask them if Medicare will pay a rebate and if any expenses you incur will be covered.

A great way to know if laser eye surgery is financially worth it long term is to compare the costs you’d spend on glasses and contact lenses against total treatment costs.

To give you an idea of how you might like to weigh up costs, here’s an example.

Cost of glasses and contacts vs LASIK eye surgery

Jeremy wears single-use soft contact lenses when he’s not wearing his prescription glasses. Each year, he purchases three packs of 90 lenses, which is around $450. He also spends about $60 on eyedrops over a year that he uses for dryness while wearing his contact lenses.

So, Jeremy spends about $510 on contacts and associated products each year.

He also wears prescription glasses and tends to purchase a new pair of glasses every two years at around $175 each.

Jeremy’s also been weighing up LASIK eye surgery costs against the cost of his glasses and contacts. After a consultation where he was quoted $4,400 for both of his eyes, he started crunching the numbers.

He realised that over eight years, he would spend more on glasses and contacts combined ($4,780) than the cost of LASIK.

Jeremy would prefer to see clearly without the hassle of contact lenses or glasses, so he feels the upfront surgery cost is worth it in the long term for his circumstances.

You typically go to a private laser eye clinic for treatment; your optometrist may recommend or even refer you to one. Before booking in for treatment, you might like to contact a few clinics to compare your options and surgeons’ opinions.

To help you understand a little more about what you can expect from your surgery, it’s a good idea to ask as many questions as you can, including:

• What are the risks involved in the treatment?
• How much will the treatment cost me (including all appointments, medication and potential enhancement treatment)?
• How long will it take me to recover?
• What are the potential side effects?
• Will I need to wear glasses or contacts after my surgery?
• Will I need to rely on medication long-term after the surgery (e.g. eyedrops)?
• Can I go about my usual day-to-day activities after surgery?
• What can’t I do after the surgery?
• What’s not included in the quote you’ve provided me?