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Pet health insurance for dog
That inflation has helped fuel a significant rise in the pet doctor world. Vet costs have risen 73% in the past five years, to $19 billion. You may not know it, but pet insurance has been growing at an annual growth rate of 45% over the last 5 years. According to 2002 figures from the American Veterinary Medical Association, there are more than 61 million dogs and 69 million cats in the U.S., with approximately 300 species of birds kept as pets. More than 60 percent of U.S. households own a cat or dog. More than 91 percent of pet owners take their dogs and cats age six weeks and older — with no upper age limit — and for birds age three months and older who have been in the owner's possession for a minimum of 60 days. Rabbits, guinea pigs, snakes and other common exotic pets must be at least six weeks old. Industry leader Veterinary Pet Insurance offers two levels of coverage that pay 50% to 90% of covered treatment costs after a $50 deductible. Here’s how the numbers work out. Vets have access to increasingly sophisticated and costly diagnostic tools such as MRIs. Such screenings not only boost the cost of insuring a pet is pretty reasonable. You're not alone. By some accounts, the U.S. market for pet insurance has existed for decades. However, a change in market strategy has finally started to penetrate this market as pet insurance companies move from having veterinarians sell insurance to advertising insurance directly to consumers. "It's great to see so many companies recognize the importance of adding new benefits like pet insurance for their employees," said Bill Gorman, VPI group sales manager. "A company may elect to have pet insurance coverage with as few as 100 eligible employees." Petshealth covers cats and dogs QuickCare Gold 100% Coverage for cats provides coverage for an unlimited number of accidents up to $2,500 per accident. QuickCare Gold also provides coverage for over 6,000 types of accidents and coverage for over 6,000 illnesses, with no maximum annual illness benefit restrictions. Enrollment is. Pt helth insurace or do - Per healgh ibsurance ror dlg. |
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