The analysis of literature sources (database PubMed and Google scholar) concerning modern views on the use of Phakic intraocular lenses in order to correct the refractive error of the eye. The current models of these lenses are quite sophisticated and many times increase the possibilities of their use than before. With the help of PIOL it is possible to correct any degree of myopia and hypermetropia, as well as astigmatism. There are examples of using such lenses to correct presbyopia. Currently, lenses are predominantly used in the posterior chamber of the eye. In the long term (on average after 8-10 years) complications are possible in some (up to 10%) patients. When the PIOL is inserted into the anterior chamber, the development of endothelial dystrophy of the cornea or the appearance of glaucoma is possible; when the PIOL is inserted into the posterior chamber, cataracts may develop.