Six Factors That Affect the Cost of Cataract Surgery
The cost of cataract surgery can vary depending on several factors. Here are 6 factors that can determine the cost of cataract surgery:
1. Surgeon’s experience and seniority
Senior cataract surgeons who have a track record of successful surgeries may charge higher fees for their experience. People often seek out senior cataract surgeons for their experience and are likely willing to pay more. Cataract surgeons with many years of experience and a good reputation may have high demand for their services, allowing them to set higher fees based on market demand.
2. Type of intraocular lens used
The type of intraocular lens (IOL) chosen for cataract surgery can affect the overall cost of surgery. A standard monofocal IOL, the most basic lens which allows a person to see far well without glasses but needs reading glasses, is typically covered by insurance if applicable. On the other hand, there are also more premium IOLs, which allow the correction of all forms of refractive errors (myopia, hyperopia, astigmatism and presbyopia), or have additional features such as aspheric optics, blue light filtering and diffractive optics. Such IOLs offer the ability to customise lens selection according to a person’s specific visual requirements and preferences. However, these premium IOLs often incur additional costs due to higher manufacturing expenses as they seek to provide enhanced visual outcomes beyond basic vision correction aiming for improved visual quality.
3. Pre- and post-cataract surgery
Additional items such as a pre-surgery cataract screening, post-operative care and the use of specialised facilities may incur extra costs. Other costs include pre-cataract surgery tests, medications, follow-up appointments and facility fees.
4. Complex cataract surgery
Complex cataract surgeries may require longer operating theatre time, additional equipment and specialised staff, all of which contribute to higher procedural costs. Cataract surgeons and facilities may charge higher fees for complex surgeries that require extended time and resources. In some cases, add-on procedures may be necessary to address specific issues or complications. For example, if a person has pre-existing conditions such as corneal irregularities or glaucoma, additional procedures may be performed in conjunction with cataract surgery to address these issues. These additional procedures can increase the complexity of the surgery and add to the overall cost.
5. Insurance coverage
Insurance coverage plays a significant role in determining the out-of-pocket cost for cataract surgery. Insurance providers often have networks of preferred providers including specialists and healthcare facilities. Those who opt for a cataract surgeon within their insurance network may benefit from negotiated rates or reduced fees, resulting in lower overall costs for cataract surgery. It is therefore essential to understand one’s insurance coverage and potential out-of-pocket costs associated with cataract surgery. In addition, if you are a Singapore citizen or Permanent Resident, you are able to utilise your MediSave – up to $2,450 per eye for cataract surgery where applicable. This is because cataract is considered an eye disease.
6. Location of surgery
Cataract surgery at private eye centres is usually performed at an operating theatre within a private hospital or a private day surgery centre. Typically, the operating theatre facility fee tends to be a tad higher at private hospitals.
Singapore has a well-developed healthcare system that offers a wide range of options for cataract surgery, including public hospitals, private clinics, and specialised eye centres. The cost of cataract surgery can vary depending on whether the patient chooses to undergo the procedure in a public or private healthcare facility. Private hospitals and specialised eye centres have higher facility fees compared to public hospitals.
Overall, while cataract surgery in Singapore may be more expensive compared to some other countries, you can expect to receive quality care and access to evidence-based and US FDA-approved technologies. It is essential to discuss all potential costs and payment options with the cataract surgeon and insurance provider before undergoing cataract surgery in Singapore.
Cataract Screening
If you are 45 years old and above, it is prudent to have a cataract screening. To find out more, please contact Eye Max Centre at +65 6684 1000 or manager@langeye.sg.
