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Treatments once reserved for humans, from radiation therapy to kidney transplants, are currently available for pets. That means once-fatal conditions are now treatable at costs ranging from $1,000 to $5,000 or more. The policy will pay 90 percent of the 136 million dog and cat owners in the U.S. have pet insurance. Technical advances within the veterinary profession are providing more effective treatment options for sick or injured pets. Unfortunately, these new treatment options are expensive and can quickly rack up sizable veterinary bills for loving pet owners. These expensive tools and procedures have helped create health-care inflation in the pet doctor world. Vet costs have risen 73% in the past five years, to $19 billion. I still believe most people are better off forgoing the policies and instead putting the money they would spend on premiums into a savings account. Pet insurance can cost $2,000 to $6,000 over the life of an average pet, and the chances are slim you’d ever have to shell out that much for treatments. A few years ago, pet insurance would have ranked right up there with policies on children and dread disease coverage on my list of insurance you don’t need to buy. What’s changed in recent years is the state of veterinary science, as well as the economics of running a veterinary practice. Vets today can offer treatments that were unheard of just a few years ago -- and at prices that could make you howl. Consider: Pre-existing problems and hereditary conditions, such as hip dysplasia in German Shepherds and retrievers, are normally excluded. According to "USA Today," 30 percent of Americans have taken time off work to stay at home with a sick pet. This illustrates how strong the animal-human bond has become and how much people cherish their pets. Deductibles, exclusions and surcharges Petshealth's Quickcare plan for dogs also provides coverage for an unlimited number of accidents up to $2,500 per accident. QuickCare Gold also provides coverage for an unlimited number of accidents and coverage for over 6,000 types of accidents and over. Hlp o geting et mdical nsurance orums - Hekp in gwtting pst medicql ibsurance forujs. |
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