BNY Mellon Benefits Guide
How the Plan Works
When you enroll in the plan, you have access to VSP's network of eye care doctors. Each time you need vision care, you decide whether to use an in-network provider or an out-of-network provider. You save money if you go through the VSP network for your services and supplies.
To obtain a list of network providers in your area, or to request a claim form for out-of-network providers, call VSP at 1-800-877-7195 or go to www.vsp.com.
In-Network Benefits
When you go to a network provider, you pay a $10 copayment. With in-network benefits, the plan covers the following:
- one pair of eyeglass lenses, or contact lenses up to $130, each calendar year. Contact lenses can be delivered to your home. You pay the cost of any cosmetic features, such as bifocal lenses with no lines;
- one pair of frames every two years, up to $150, with an additional 20 percent discount off any out-of-pocket expenses; and
- laser vision correction (discounts only).
Out-of-Network Benefits
You may use providers who do not participate in the VSP network, but you will pay more. In addition, you must pay the provider in full out-of-pocket, then submit a claim to VSP. The plan will reimburse you a set dollar amount toward the cost of exams, lenses and frames.
Paying for Vision Services
The way you pay for vision services depends on the type of provider you use:
- Network Provider – Contact your VSP provider to schedule an appointment. Let the provider know that you have VSP coverage, and ask the provider to obtain an authorization for you. At the time of your visit, pay the provider the required copayment and overages.
- Out-of-Network Provider – Pay the provider directly, and submit a claim for reimbursement. Claim forms are available at www.vsp.com or by calling 1-800-877-7195. You must file claims within six months of the date services are received. You will need to provide the following information on your VSP claim form:
- your provider's bill, including a detailed list of the services you received;
- your VSP identification number;
- your name, phone number and address;
- the company name: BNY Mellon Corporation;
- the patient's name, date of birth, phone number and address (if different from yours); and
- the patient's relationship to you (for example, self, spouse, child).
The Vision Service Plan (VSP) includes coverage for exams, glasses or contact lenses, and discounts for laser surgery.