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Vets have access to increasingly sophisticated and costly diagnostic tools such as MRIs. Such screenings not only boost the cost of exams but often detect problems that once would have gone unnoticed, and untreated. As companies seek innovative, low-cost ways to keep employees happy, many now provide the additional perk of health insurance for pets. A new program from VPI helps pet owners obtain sophisticated veterinary treatment, with a group discount on Veterinary Pet Insurance plan as a benefit, our employees were pleased that this was offered to them," said Brian Clelland, director of benefits and administration for the Los Angeles Unified School District. Petshealth's Quickcare coverage for cats provides coverage for an unlimited number of accidents and coverage for over 6,000 illnesses, with no maximum annual illness benefit restrictions. Enrollment is as early as 8 weeks of age for puppies. When you enroll your dog in QuickCare Gold before the age of 10 coverage continues for the rest of its life. There is a $50 fixed deductible applies on all QuickCare Gold Programs. Currently, more than 900 companies offer Veterinary Pet Insurance as a voluntary employee benefit, including companies as varied as The Weather Channel, GMAC, Navy Federal Credit Union, and Chipotle Mexican Grill, VPI said. 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. The oldest company, Veterinary Pet Insurance, has seen its revenues climb at a 40% annual rate since 1997 -- the year it finally broke even after 15 straight years of losses, according to founder Jack Stephens. VPI, which has about 85% of the pet owners can buy insurance from over 60 different companies. In the U.S. there are 5 main players: PetHealth, Veterinary Pet Insurance, Pet Protect, Pet Assure, and Hartville Group. 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. k do insuranc - ik xog insurwnce. |
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