Myths about pet insurance

 

Recently, Pets Best Insurance conducted another set of pet owner focus groups to determine if we were addressing what pet owners really wanted and to see if they understood the value concept of pet insurance. The study results confirmed observations derived from years of previous experience in veterinary medicine and pet insurance. However, the results also showed that many pet owners believe myths about pet insurance are born from misconceptions and incorrect information. Below are the myths we encountered and the conclusions of our focus group.

"Pet insurance is only for sick pets"

You actually need to buy สัตว์น่าเลี้ยง your pet gets sick, just like you would buy auto or home insurance before an accident or catastrophe. Although Pets Best provides a small amount for a pre-existing condition, the insurance is really for future risks (losses).

"Insurance is a hassle"

Pets The best insurance plans for pets are simple. Just pay your veterinary bills and send them to us. We will reimburse you directly in less than a week (unlike some plans that are complicated and use schedules that can be substantially less than your actual veterinary expenses). Check out the 'plans' section on their site.

With Pets Best paying 80% after deductible, it's easy to find out how much we will reimburse you for your claims. Since pet owners generally pay for their pet's medical expenses out of pocket, the response time for payment is shorter, unlike in humane healthcare, where hospitals and doctors bill the insurance company.

"We couldn't choose our own vet."

Fortunately, with most pet insurance plans there are no managed care directors, pet HMOs, or veterinary PPOs to deal with. At Pets Best you can always select the vet of your choice. Pet insurance is usually not involved in the decision process for treatment, care or costs. The only exceptions are plans that use a benefit schedule (which will affect your out-of-pocket costs) and one that attempts to establish a network of veterinarians.

"Pet insurance must be expensive"

Although premiums vary by company, plan type, pet age, and pet species (cat or dog), in most cases, pet insurance is very affordable and the monthly cost is about the I would pay for a dinner for two. Pet owners can choose a less expensive plan with lower limits and a higher deductible or a higher cost plan with a lower deductible and higher limits. Prices vary from company to company, but most are reasonable. See an overview of Pets Best's insurance plans by visiting the 'plans' section on their site.

"Pet insurance has too many exclusions or doesn't cover what I need"

When it comes to accidents or illness, pet insurance has very few exclusions. Pet insurance is designed to transfer the risk of your pet's unknown future health cost to the insurer. A close inspection will see that it really does.

When it comes to protecting your pet's health and the thousands of accidents and illnesses that can happen to pets (in addition to hereditary, congenital and pre-existing conditions), all accidents and most illnesses are covered.

With Pets Best, many of the typical exclusions are limitations, where the payment, while less, provides some coverage and value. Ask your veterinarian or her staff how many times a pet's illness can present financial difficulties and difficult decisions.

Pet insurance is like your own health insurance; It is designed to meet your pet's medical needs, whether it's a simple skin rash, virus, ear infection, or severe cancer.

As a pet owner, your pet insurance decisions speak to your understanding of the myths and facts about the real value pet insurance can provide. Aside from giving you peace of mind and protecting your pocketbook, most pet owners still don't understand the benefits.

As a veterinarian and animal lover, I will not rest until all pet owners are at least aware that there is insurance coverage for pets. It can be budgeted for at a reasonable cost so that pet lovers never have to worry about the healthcare costs of their family members.