DOCSLIB.ORG

Eyemed Webinar

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Eyemed Webinar JUNE 12, 2019 Hello, LVBCH Members Nice to see you Meet your EyeMed team Brian Boose Peter Sarpong Tori Fitzsimmons Regional Vice President Senior Sales Executive Senior Manager Account Management Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 2 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. We’re part of the Luxottica Group portfolio of companies and brands 82,000 9,000 93mm 1 Employees Retail stores Frames manufactured Passion 150 9 million Countries helped worldwide Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 3 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. And experts in our industry • 40% growth in the last 5 years alone, with 98% client retention last year2 EyeMed is America’s fastest growing vision • Now with over 18,000 clients and over benefits company:1 55 million members 55 50 million 47 million 42 million • Over 450 clients in Pennsylvania, 39 million including Lehigh Valley Health Network, million City of Philadelphia, Vibra Healthcare and Wawa • Exceptional broker (72) and client (70) Net Promoter Scores (NPS)3 2014 2015 2016 2017 2018 1Internal analysis of EyeMed membership data compared to data from leading vision benefit companies, as reported in publicly available information, 2018. 2EyeMed internal book of business analysis, 2018. Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 4 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. It’s all because we challenge the status quo The vision network Vision benefits that And above all else, we employees want redefine expectations make benefits easy Why 98% of Why 96% of members are Why 100% of clients agree employees use satisfied with their benefits2 we’re easy to work with3 in-network providers1 1EyeMed book of business data, 2018 2EyeMed internal member satisfaction survey conducted by Convergys, 2018. 3EyeMed client satisfaction survey conducted by Walker, 2018. Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and 5 review or use by any unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. And that leads to better results for you More employees enroll* More members More members stay in-network* use their benefits* *EyeMed analysis of a random sampling of new business accounts that transferred over from a prior benefits company, with comparisons of prior utilization to utilization following transition, 2017. Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and 6 review or use by any unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. 1 The network members want Eye care and eyewear when and where members want it Why 98% of members use in-network providers* The right mix of Huge eyewear selection: • Locations close to your members in-network providers: • Providers with evening/ • Independent – 76% weekend hours • Retail – 24% • Many on-site labs for same • Online day glasses • Access to advanced technology *EyeMed book of business data, 2017 Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 8 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Give members what they want Members want to receive eye care when they want, and where they want - and we offer the choice they need to meet their expectations Consumers choose to But choose to buy And get them when get exams at:1 their frames at:2 they want to:3 Sunday 4% Retail Saturday 25% 32% Private Retail Practice Weekday 47% 53% Private 53% Practice Weeknight 68% 18% 1Vision Watch – The Vision Council Member Benefit Report, Q3 2013; 2EMI Online Research Solutions; 3Consumer Study Commissioned by EyeMed 2010 Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 9 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. The right network for your members Favorite national National PA retailers Plus local favorites including Provider access points 99,374 4,102 America’s Best, Boscov’s Optical, Eyeland Optical and For Eyes Optical Locations 25,793 1,299 Plus online: Independent 19,649 1,058 Retail 6,144 241 Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 10 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. How choice connects with savings Average frame spend by location* $250 $195 $200 $188 $174 $178 $150 $133 341 $150 $134 $126 $130 frame frames, on average, at $100 $100 loc allowance loc each provider location loc loc loc loc loc loc loc under $130 $50 3,200 3,200 460 510 140 19,700 19,700 970 110 460 250 $0 *Internal analysis of book of business claims data, 2018. **Location count based on EyeMed Insight network, October 2018. Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and 11 review or use by any unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Online, in-network eyewear providers • Best-in-class experience built specifically for using vision benefits • Eligibility is easy to view and in- network benefits are automatically applied in the shopping cart • Huge selection of name brand frames, lenses and contact lenses 75% of clients think online options are important* EyeMed Client Satisfaction Survey conducted by Walker, 2015 Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 12 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. 2 Benefits that redefine expectations Our approach: flexibility, choice and savings Why 96% of members are satisfied with their benefits* Freedom to choose: Savings Optional add-on on products benefit • No frame towers or special selections • No progressive lens formularies and services enhancements • No contact lens formularies *EyeMed internal member satisfaction survey conducted by Convergys, 2018. Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 14 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Flexible Plan Design Features We will partner with your Insurance Brokers or Consultants Comprehensive eye Frame allowance – Lenses – with a co-pay, Contact lens allowance – exam – with a co-pay, every 12 or 24 plus fixed pricing on with coverage for fit & every 12 months months options, every 12 follow-up, every 12 months months Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 15 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Vision Benefits at a Glance Customize your Benefits 4-year rate guarantee Eye Exam $0 to $25 copays every 12 months ($5 increments) Fixed costs for lens options available Use frame and contact lens allowances in Frames $100 to $300 the same benefit period every 12 or 24 allowances months ($10 increments) 20% off balance over frame allowance Freedom Pass with covered-in-full frames Lenses $0 to $25 copay from LensCrafters, Target Optical and Sears Optical every 12 months ($5 increments) Benefit Booster on contacts – $20 contact lens allowance increase at $100 to $300 Contact Lenses ContactsDirect.com allowances every 12 months ($10 increments) Consistent application of benefits at ALL network locations Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 16 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Small Group (LT 100 eligible employees) Standard Vision Plan Designs 4-year rate guarantee Eye Exam $10 copay every 12 months Fixed costs for lens options Use frame and contact lens allowances in Frames $130 or $150 the same benefit period every 12 or 24 allowance months 20% off balance over frame allowance Freedom Pass with covered-in-full frames Lenses from LensCrafters, Target Optical and $10 or $25 copay Sears Optical every 12 months Benefit Booster on contacts – $20 contact lens allowance increase at Contact Lenses $130 or $150 ContactsDirect.com every 12 months allowance Consistent application of benefits at ALL network locations Confidential Notice: This document contains privileged information and is for the sole use of the intended recipient(s). Disclosure or distribution to and review or use by any 17 unauthorized Luxottica EyeMed associate(s) and external parties is prohibited. Enjoy savings with Freedom Pass* $130 Minimum Frame Allowance Required out-of-pocket Available at: $0 cost on frames • Over 1,700 locations nationwide • 600-900 frames, on average, at each location LensCrafters only included with effective dates of 10/1/2019 through 1/1/2020. *A special offer from LensCrafters, Target Optical and Sears Optical. $130 or higher frame allowance required. Valid for each year of the initial contract term and in-store only at LensCrafters, Target Optical and Sears Optical. Offer not valid at Sears Optical stores affiliated with US Vision.
Load more

Recommended publications
  • Senate Bill 216 Jason Singh, OD Pearle Vision, Luxottica Retail North America Proponent Testimony April 27, 2016
    Senate Bill 216 Jason Singh, OD Pearle Vision, Luxottica Retail North America Proponent Testimony April 27, 2016 Chairman Peterson, Vice Chairman Beagle, Ranking Member Tavares and members of the Senate Ways and Means Committee, thank you for the opportunity to provide testimony in support of Senate Bill 216. My name is Dr. Jason Singh and I am the Vice President of Vision Care for Pearle Vision. Pearle Vision is a part of Luxottica Retail North America. We operate 118 retail optical stores here in Ohio under the LensCrafters, Pearle Vision, Sears Optical and Target Optical brands. We employ 3200 Ohioans, including 400 Ohio licensed dispensing and apprentice opticians. Luxottica’s North American retail offices in Mason, Ohio coordinate over 4,500 stores across the United States. In addition, we operate OneSight, a public charity founded in Cincinnati. OneSight’s vision is to eradicate the global vision care crisis for the 1.1 Billion people around the world who need vision correction and lack the access to it. We accomplish this by mobilizing eye care professionals, industry experts, and volunteers in the U.S. and around the world. In 27 years, we have given the gift of sight to over 9 million people. On behalf of Pearle Vision, Luxottica Retail North America and the patients we serve, I urge your support of Senate Bill 216. SB 216 is an important bill that will make immediate impact for Ohio residents. Statistics show 2/3 Ohio residents require vision correction. Economic barriers, like the sales tax, make it less likely for patients to obtain the care and medical products they need to realize their full potential.
    [Show full text]
  • Teamcare Eyemed - Vision Care Why It Will Cost You More with the Trustee Chosen Teamster Provider
    Teamcare EyeMed - Vision Care why it will cost you more with the trustee chosen Teamster Provider Teamsters Mandatory $15.63 a month Vision Plan is no benefit. 1. Luxottica and EyeMed Monopoly from Italy brought to you by Teamcare “A consumer-level frame costs significantly less than $10 to manufacture. The rest is operations, licensing and profit. Think about that the next time you pick up an average $150 frame. These aren’t markedly different or superior to the $30 glasses available from reputable online dealers — and those include lenses, probably the same ones you were just about to pay $200 for in the store.” A key to the industry-standard overpricing is the fact that a single corporation — Luxottica, the world’s largest eyewear firm — owns many retail eyewear chains and many popular eyewear brands. Based in Milan, Italy, Luxottica owns and operates LensCrafters, Sears Optical, Target Optical, Pearle Vision, Sunglass Hut, Ilori, and other chains in the United States, along with yet more chains throughout Asia, Europe, Africa, India, the Antipodes and the Middle East. Luxottica owns Ray-Ban, Oakley, Oliver Peoples, Vogue, and other brands, and makes glasses under license for over a dozen designer labels including Versace, Prada, Bulgari, DKNY, Burberry, Ralph Lauren, Dolce & Gabbana, Donna Karan, Tiffany, and more. As if that isn’t enough, Luxottica is also the parent company of a vision-care benefits program, EyeMed. Eyewear prices in brick-and-mortar stores stay artificially high, Mitchell says, due to “the lack of real competition, inasmuch as Luxottica owns massive manufacturing, licensing, retailing and insurance interests” — albeit EyeMed is “not so much insurance as a marketing ploy to get people to buy from their stores at a discount and to force the remaining independent stores to buy Luxottica controlled frames.
    [Show full text]
  • Directory of Participating Optical Panelists
    DIRECTORY OF PARTICIPATING OPTICAL PANELISTS September 2019 WWW.UFTWF.ORG Table of Contents GENERAL INFORMATION ...................................... 2 PARTICIPATING PANELISTS ................................. 7 NEW YORK .............................................................. 7 Manhattan ......................................................... 7 Staten Island ..................................................... 11 Bronx ................................................................. 12 Queens .............................................................. 15 Brooklyn ............................................................ 21 Nassau .............................................................. 28 Suffolk ............................................................... 32 Westchester, Hudson Valley & Upstate NY ........................................................ 34 NEW JERSEY .......................................................... 38 CONNECTICUT ....................................................... 42 FLORIDA .................................................................. 42 SUPPLEMENTAL LISTINGS ................................... 46 A complete listing of providers throughout the U.S. is available on our website: www.uftwf.org 1 General Information DESCRIPTION OF BENEFITS (A complete description is available in our Red Apple or on our website at: www.uftwf.org) PLAN OVERVIEW PARTICIPATING OPTICAL CENTERS Members can use the optical plan once every two (2) years by bringing a validated certificate to any of
    [Show full text]
  • PEARLE VISION UNVEILS NEW STORE DESIGN and CELEBRATES GRAND OPENING in CLEVELAND - Leading Optical Franchise Celebrates with Ribbon-Cutting Ceremony on Sept
    \ MEDIA CONTACTS: Amanda DelPrete 954-893-9150 [email protected] Emily Ryan 513-765-3358 [email protected] PEARLE VISION UNVEILS NEW STORE DESIGN AND CELEBRATES GRAND OPENING IN CLEVELAND - Leading Optical Franchise Celebrates with Ribbon-Cutting Ceremony on Sept. 17- MASON, Ohio (September 11, 2013) – Pearle Vision, one of North America’s largest and most trusted licensed optical brands, announced today plans to unveil its new store design on Sept. 17 in Cleveland, Ohio. A ribbon-cutting ceremony will be held at 11:30 a.m. at the center in Legacy Village, located at 24539 Cedar Road, Lyndhurst, Ohio. The new Cleveland neighborhood eye care center features Pearle Vision’s completely remodeled design, which includes everything from a new, iconic brand logo and signage to modernized displays and a completely transformed floor plan. “For more than 50 years, Pearle Vision has been committed to providing genuine eye care to our patients; and now, in 2013, we are proud to unveil the first of our newly designed neighborhood eye care centers,” said Srinivas Kumar, senior vice president and general manager, Pearle Vision. “We are excited to share the new design elements with our entire network, and believe that everyone will love the new look and feel of our center, which incorporates our rich history, provides a welcoming atmosphere, and features eclectic displays and modern retail space.” Earlier this year, Pearle Vision unveiled at its annual licensee conference the new brand image with an updated logo and re-designed color palette for its centers. The new eyeglass icon speaks to the genuine heritage of Dr.
    [Show full text]
  • Vision Extras NEW from Aetna Visionsm Preferred—Exclusive Member-Only Savings on Vision Care and Services
    Vision Extras NEW from Aetna VisionSM Preferred—Exclusive member-only savings on vision care and services At Aetna, we believe our members deserve special savings. So, we’ve added exclusive member-only discounts and rebates on vision care services at no additional cost. These special offers may be combined with Aetna Vision Preferred insurance benefits to help our members maximize their savings. aetnavision.com 57.03.483.1 (3/20) Accessing Special Offers Is Easy Members can visit the special offers page at aetnavision.com to get instructions on how to redeem the available offers. Our current listing of special offers* includes: • Up to $25 rebate on Transitions® lenses • $25 off a complete pair of glasses or • $25 off a purchase at LensCrafters® prescription sunglasses at Pearle Vision • $20 off any purchase or $50 off purchase of • Up to $20 off at ContactsDirect.com $200 or more at Sunglass Hut • 15% off retail prices or 5% off promotional • Save an additional $25 when using vision prices on LASIK or PRK from U.S. Laser network insurance at Target Optical® • And more! See the savings Special offers are included with all Aetna Vision Preferred plans. There are no added fees. Only added value. Here’s a sample that shows how a member can save even more on out-of-pocket costs using their Aetna Vision Preferred vision benefit with our exclusive member-only offers*: Without an Aetna With an Aetna Vision Preferred Plan Vision Preferred Enhanced plan Comprehensive Exam with Dilation $118 $0 Eyeglass Frame $185 $36 Single Vision Lenses $89 $0 Standard Polycarbonate Lens $64 $40 Photochromic Plastic Lenses (Transitions) $116 $75 Premium Anti-reflective Coating (Crizal Alize) $120 $68 Apply Special Offer $25 off Glasses N/A -$25 at Pearle VisionSAMPLE or Target Optical Apply Special Offer $25 Transitions rebate N/A -$25 Totals $692 $169 In this sample purchase, the member saves $523.
    [Show full text]
  • Vision Plan Flyer
    Aetna VisionSM Preferred plan Frames, lenses and more eye care perks Eye-opening convenience You can also buy eyewear online at: You’re covered for lenses, contacts and frames, including luxury brands.* Plus, you get: • Choice of popular local retailers like LensCrafters®, Keep your welcome mailing handy Pearle Vision®, and Target Optical® —or visit your favorite local provider It’s your ticket to an easy experience. It includes: • Savings on LASIK laser eye surgery, extra pairs of • Your member ID card glasses, sunglasses and more • Basic plan details • Night, weekend and walk-in appointments • A list of local providers *Use your lens coverage once every benefits period to buy either eyeglass lenses or contact lens. Refer to your benefits summary for details and limitations. aetna.com 10.03.305.1 C (6/19) Special offers for members only Try the Aetna Vision Preferred app As an added bonus, Aetna Vision Preferred members Got an Android™ or iPhone® mobile device? Then you can enjoy exclusive offers at no extra cost.* These can do everything you already do on aetnavision.com special offers can be combined with your insurance on your mobile device. Plus, a little more — like setting benefits to maximize savings. Visit the Special Offers reminders for eye exams or new contacts or saving your page on our website, aetnavision.com, where you’ll find prescription to your phone. You can even connect to instructions on how to redeem the following offers: glasses.com. • LensCrafters: Receive $25 off your purchase. Three reasons to use network providers • Target Optical: Save $25 on the best brands and Even though you can visit any provider, staying in styles in eyewear.
    [Show full text]
  • Opticianry Employers - USA
    www.Jobcorpsbook.org - Opticianry Employers - USA Company Business Street City State Zip Phone Fax Web Page Anchorage Opticians 600 E Northern Lights Boulevard, # 175 Anchorage AK 99503 (907) 277-8431 (907) 277-8724 LensCrafters - Anchorage Fifth Avenue Mall 320 West Fifth Avenue Ste, #174 Anchorage AK 99501 (907) 272-1102 (907) 272-1104 LensCrafters - Dimond Center 800 East Dimond Boulevard, #3-138 Anchorage AK 99515 (907) 344-5366 (907) 344-6607 http://www.lenscrafters.com LensCrafters - Sears Mall 600 E Northern Lights Boulevard Anchorage AK 99503 (907) 258-6920 (907) 278-7325 http://www.lenscrafters.com Sears Optical - Sears Mall 700 E Northern Lght Anchorage AK 99503 (907) 272-1622 Vista Optical Centers 12001 Business Boulevard Eagle River AK 99577 (907) 694-4743 Sears Optical - Fairbanks (Airport Way) 3115 Airportway Fairbanks AK 99709 (907) 474-4480 http://www.searsoptical.com Wal-Mart Vision Center 537 Johansen Expressway Fairbanks AK 99701 (907) 451-9938 Optical Shoppe 1501 E Parks Hy Wasilla AK 99654 (907) 357-1455 Sears Optical - Wasilla 1000 Seward Meridian Wasilla AK 99654 (907) 357-7620 Wal-Mart Vision Center 2643 Highway 280 West Alexander City AL 35010 (256) 234-3962 Wal-Mart Vision Center 973 Gilbert Ferry Road Southeast Attalla AL 35954 (256) 538-7902 Beckum Opticians 1805 Lakeside Circle Auburn AL 36830 (334) 466-0453 Wal-Mart Vision Center 750 Academy Drive Bessemer AL 35022 (205) 424-5810 Jim Clay Optician 1705 10th Avenue South Birmingham AL 35205 (205) 933-8615 John Sasser Opticians 1009 Montgomery Highway, # 101
    [Show full text]
  • Luxottica (Borsa Italiana: LUX)
    Luxottica (Borsa Italiana: LUX) NOTE: ADRs also trade under “LUX” on the NYSE priced in U.S. Dollars Gross EBITDA EBIT 71% 71% 71% 70% 70% 69% 70% 68% 68% 68% 68% 66% 66% 66% 65% 66% 65% 65% 24% 23% 24% 21% 22% 21% 20% 20% 20% 20% 19% 19% 18% 18% 19% 18% 17% 17% 16% 17% 17% 16% 16% 16% 16% 15% 15% 15% 15% 14% 14% 14% 13% 13% TABLE OF CONTENTS DURABILITY 2 SINGULAR DILIGENCE MOAT 4 Geoff Gannon, Writer Quan Hoang, Analyst QUALITY 6 Tobias Carlisle, Publisher CAPITAL ALLOCATION 8 VALUE 11 Luxottica (Borsa Italiana: LUX) is a Global Maker and GROWTH 13 Seller of Sunglasses and Eyeglasses MISJUDGMENT 15 FUTURE 17 APPRAISAL 20 OVERVIEW NOTES 22 Luxottica is a vertically integrated eyewear company. Although founded in Italy, it now gets much of its sales and profits from the United States. And although founded as a part maker for prescription eyeglass frames (optical glasses) it now gets much of its sales and profits from sunglasses. The company can’t really be referred to as either a producer or a retailer. Luxottica is truly vertically integrated. Last year, 59% of the company’s sales came from its own stores. And much of the products sold in its own stores is produced by Luxottica itself. The two constants in Luxottica’s history have been the focus on eyewear and the leadership of Leonardo Del Vecchio. Luxottica gets 59% of its revenue from sales made in its own stores. Del Vecchio moved to Agordo, Italy in by distributing its own frames.
    [Show full text]
  • Consolidation Changes Top Retailers' Landscape
    www.visionmonday.com COVER STORY VISION MONDAY/MAY 15, 2006 37 Consolidation Changes Top Retailers’ Landscape An exclusive look at how the leading U.S. optical chains performed in 2005 By Cathy Ciccolella Top 50 Share of U.S. The 10 largest optical retail- Senior Editor Vision-Care Market ers on this list have gained (in millions) market share among the VM NEW YORK—Last year this country’s largest eyewear/eyecare Top 50. On this year’s list, the retailers surpassed the $6-billion milestone in combined opti- Top 10 retailers have an esti- 27.3% cal sales and services, according to the 2006 VM Top 50 Optical $6,260.7* mated combined volume of Retailers listing. Total: $22,904** $5,184.3 million, representing a The country’s 50 highest-volume optical chains’ combined whopping 82.8 percent of the sales total was an estimated $6,260.7 million last year, giving Top 50 retailers’ overall sales, them a 27.3-percent share of the total $22.9-billion U.S. mar- up from 78.7 percent of last ket for vision-care products and services sold at optical retail Top 10 Share of U.S. year’s VM Top 50 aggregate Vision-Care Market locations in 2005, as estimated by VisionWatch (see related volume. (in millions) story below). The Top 10 optical retailers generated 22.6 percent of the esti- The combined sales of this year’s VM Top 50 were about 22.6% mated $22.9-billion total U.S. vision care business at optical retail $284 million higher than the aggregate volume of the leading $5,184.3* locations in 2005, up two percentage points compared to last year’s 50 chains in the VM Top 50 listing published in May 2005, listing.
    [Show full text]
  • Top Optical Retailers Face Challenging Year an Exclusive Look at the Leading U.S
    www.visionmonday.com COVER STORY VISION MONDAY/MAY 16, 2005 37 Top Optical Retailers Face Challenging Year An exclusive look at the leading U.S. optical retailers’ sales, stores in 2004 By Cathy Ciccolella Top 50 Share of U.S. retailers on this year’s VM Top Senior Editor Visioncare Market 50 list, all of whom also (in millions) appeared on last year’s list, 10 NEW YORK—In 2004, the nation’s 50 largest eyewear/eyecare had lower optical sales in 2004 retailers just missed the $6 billion mark in combined optical 26.2% than in 2003. sales and services, according to this year’s VM Top 50 Optical $5,976.5* This latest VM Top 50 list Retailers listing. Total: $22.8 B** also reflects a slightly lower The country’s highest-volume optical chains’ combined sales combined store count: an esti- total was an estimated $5,976.5 million last year, giving them a mated 8,593 units as of Dec. 26.2 percent share of the total $22.8 billion U.S. market for 31, 2004, versus the estimated visioncare products and services sold at optical retail locations Top 10 Share of U.S. 8,693 units published on last in 2004. (That $22.8 billion estimate represents an improved, Visioncare Market year’s list as of the end of broadened view of the total eyecare marketplace provided by (in millions) December 2003. VisionWatch, the continuous consumer study that interviews The 10 largest optical retailers on the list continue to dominate 20.6% more than 100,000 consumers on an annual basis; see related $4,704.6* in terms of market share among the Top 50.
    [Show full text]
  • Onesight Vision Clinic Provides Free Vision Care and Eyewear to Students in Need
    Published on ACE Group Online Newsroom (http://news.acegroup.com) on 10/16/13 10:16 am EDT OneSight Vision Clinic Provides Free Vision Care and Eyewear to Students in Need Release Date: Wednesday, October 16, 2013 10:16 am EDT Terms: USA Dateline City: CHICAGO Collaboration by OneSight and Combined Insurance Brings Vision Care to Chicago CHICAGO--(BUSINESS WIRE)--According to the American Optometric Association, one out of four children in the U.S. has an undiagnosed vision problem signaling a vision care crisis that is affecting students’ ability to see and learn. In fact, the Centers for Disease Control Vision recently released a report stating vision disability is the single most prevalent disabling condition among children in the United States. This week 1,500 Chicago-area students will receive comprehensive vision exams and new eyewear free of charge at a OneSight Vision Clinic thanks to a collaboration between Combined Insurance, a leading provider of individual supplemental accident, disability, health and life insurance products, and part of the ACE Group of Companies, and OneSight, a leading charity committed to eradicating the global vision crisis by providing sustainable access to quality vision care and eyewear in underserved communities worldwide. “We believe that by working together, we can eradicate the vision crisis in our lifetime,” said Dr. Jason Singh, O.D., and OneSight Executive Director. “We want all children to see their future and could not provide access to quality vision care without partners like Combined Insurance, whose generous grant makes it possible for these students to see and learn better.” Since 1995, OneSight has provided eye exams and new glasses to nearly 67,000 children across Illinois through annual Clinics.
    [Show full text]
  • Eye Glasses & Contact Lens Stores in the US
    WWW.IBISWORLD.COM Eye Glasses & Contact Lens Stores in the US June 2014 1 Clearer vision: Favorable demographics and demand for luxury brands will drive growth IBISWorld Industry Report 44613 Eye Glasses & Contact Lens Stores in the US June 2014 Sarah Turk 2 About this Industry 17 International Trade 34 Regulation & Policy 2 Industry Definition 18 Business Locations 35 Industry Assistance 2 Main Activities 2 Similar Industries 20 Competitive Landscape 36 Key Statistics 3 Additional Resources 20 Market Share Concentration 36 Industry Data 20 Key Success Factors 36 Annual Change 4 Industry at a Glance 20 Cost Structure Benchmarks 36 Key Ratios 22 Basis of Competition 5 Industry Performance 23 Barriers to Entry 37 Jargon & Glossary 5 Executive Summary 25 Industry Globalization 5 Key External Drivers 7 Current Performance 26 Major Companies 9 Industry Outlook 26 Luxottica Group S.p.A. 11 Industry Life Cycle 27 National Vision Inc. 28 Highmark Inc. 13 Products & Markets 13 Supply Chain 32 Operating Conditions 13 Products & Services 32 Capital Intensity 14 Demand Determinants 33 Technology & Systems 15 Major Markets 33 Revenue Volatility www.ibisworld.com | 1-800-330-3772 | [email protected] WWW.IBISWORLD.COM Eye Glasses & Contact Lens Stores in the US June 2014 2 About this Industry Industry Definition Establishments in this industry sell and lens processing services. The industry eyeglasses, contact lenses, sunglasses, excludes the manufacture of lenses, online safety eyewear and optical accessories. and mail-order retail of optical goods
    [Show full text]