The average cost of an intraocular lens implant is $3,432 per eye when paid entirely out-of-pocket, based on a report done in 2014. The new presbyopia-correcting intraocular lens implant procedure costs an average of $4,591 per eye.
The final costs depend on the clinic where the implant is performed, whether one or both eyes need the correction, and whether insurance covers any of the costs. In some cases, the intraocular lens procedure is considered medically necessary. The procedure is often covered during cataract surgery, since this procedure removes part of the eye's natural lens, which then needs an IOL to implant a new one.