Community Eye Care, LLC

Community Eye Care, LLC provides comprehensive vision benefits and eye care solutions through innovative membership plans, focusing on accessibility for both employees and individual consumers across the United States. Community Eye Care, LLC was founded in 1998 and is headquartered in Charlotte, US. The company specializes in vision care solutions and has completed 2 deals to date. In August 2019, Community Eye Care was acquired by VSP Global, although financial terms of the acquisition were not disclosed.

Community Eye Care (CEC) specializes in providing vision benefits and eye care solutions through a range of innovative 12-month plans. Their core offerings include flexible eyewear allowances that allow members to purchase frames, lenses, contact lenses, and sunglasses without the typical restrictions seen in other vision plans. CEC serves a diverse client base, including businesses that seek to enhance their employee benefits packages, and individual consumers looking for comprehensive vision care solutions, primarily operating in the United States. Revenue for Community Eye Care is generated through membership plans that offer a range of vision care benefits.

Transactions occur directly between the firm and its clients, typically involving businesses that enroll their employees in CEC's vision plans. Members pay for their plans, which offer a flexible allowance for eyewear, facilitating regular purchases of glasses and contacts without penalties. CEC's flagship services encompass comprehensive eye care coverage with specific pricing plans tailored to meet the needs of both small businesses and large organizations, creating a scalable model for vision care benefits. Following its acquisition by VSP Global in August 2019, Community Eye Care plans to leverage new resources for product development and market expansion.

The company is designing new vision care plans aimed at enhancing accessibility and affordability, with anticipated launches set for 2023. Plans for expanding into new geographic regions include targeting the Midwest and Southeast markets by 2024. Funding from the acquisition is expected to support these initiatives and enhance product offerings to better serve a diverse customer base.