Re:Echo Frames – Eyeglasses with Alexa
by imroot on Wednesday September 25, 2019 @06:16PM
(#21076185)
(Former Luxottica Employee):
Luxottica owns EyeMed, which isn't VSP.
Luxottica just purchased Essilor -- so, now, one company handles the insurance, frames, and lenses...turning it into a bigger monster.
Re:Echo Frames – Eyeglasses with Alexa
by rconti on Wednesday September 25, 2019 @06:17PM
(#21076192)
The nice thing is, you still get big discounts on glasses with VSP. So when I buy absurdly expensive Bellinger carbon fiber frames, I get something like $120 off the top plus another 20% discount. And I'm not enriching Luxottica.
Ultimately even with insurance it is often cheaper to go outside of Luxottica's network, but many people don't even check and just assume that because they have reduced cost "insurance" that it will be cheaper to stay within Luxottica's spiderweb.
The way you solve this is to split up Luxottica via strong competition controls. Have one retail giant and one eye insurance company, not one monolith doing both.