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Pet Health Insurance can Relieve Pet Owners' Financial Burden

Does the idea of getting a health cover for your pet seem like a waste of money?

by Lakshmi Gopal on August 21, 2011 at 12:42 AM

Does the idea of getting a health cover for your pet seem like a waste of money? Do you suspect that the pet industry may have a hidden agenda in it to get you to spend even more money?


The fact is that many pet owners know about pet health insurance, but they don't know enough to make an informed decision, as to whether it is it right for their pets. There are numerous questions that pet owners are confronted with: How do I know what's covered? How much does it cost? So on and so forth and the debate on pet health insurance goes on and on. Let us see what vets have to say on health insurance for pets and find out if it's truly worth it.

According to DVM Newsmagazine State of the Profession market research study conducted in 2006, 76 per cent of responding veterinarians reported that they would like to see greater use of pet health insurance by clients, especially for dogs and cats, and 56 per cent of respondents actively promote pet health insurance to their clients.

Pet owners did indicate that cost limited how well they got their pets treated at vets' clinics. In 14 per cent of pet owner cases, treatment was denied altogether due to financial constraints.

Over the last decade, veterinary medicine has grown in leaps and bounds, much like human medicine technology. Due to the additional level of sophistication, costs have also risen, making some treatments almost impossible for many.

Pet health insurance can step in here because it is very affordable. Veterinarians are in favor of it because it could mean the difference between the pet being able to utilize a treatment option.

Pet health insurance can help relieve the financial burden on a pet owner and allow them access to the best care available. Peace of mind is certainly a valuable thing when it comes to your precious pet!

Source: Medindia

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