Advances in Veterinary Medicine are both a blessing and a curse. On one hand, the technology we use to treat each animal gets better every day. Better drugs are created, advanced diagnostics are more widely accessible, and veterinary medical research improves the way veterinarians treat their patients. However, with each of these advances that will most definitely prolong the life of your furry friends there is an equally “advanced” cost.
Every diligent pet owner wants to be able to go to any length to care for their pet. Nobody wants to be put in a position where they have to weigh out financial concerns versus possibly life-saving treatment. Unfortunately, that is exactly the position that most pet owners find themselves in when their companion animal gets sick or is involved in an accident.
When first considering pet health insurance it may seem ridiculous – humans have a hard enough time acquiring adequate and affordable health insurance, so why even go there with our pets? Pet health insurance typically won’t cover annual visits, vaccines, and routine procedures.. so what is the point?
Well, here is the breakdown:
Ultimately, the most valuable, cost-effective insurance plans are the “catastrophic” plans. These plans do NOT cover your annual visit, vaccines, blood work, etc. They will NOT cover your spays, neuters, nor routine dental procedures. Now most people will stop reading after they see that the routine stuff isn’t covered but hear us out – you can still benefit a great deal from pet health insurance even when they are not covering your yearly visit.
Pet insurance kind of works like car insurance. You figure your car insurance doesn’t pay for gas, oil changes, new tires, and so on because those are things that you can budget for. But when you’re in an accident that you couldn’t possibly be prepared for – insurance helps you out. That is exactly how pet health insurance works – they depend on you to budget for your routine visits but they pick up the tab when you’re blind-sided by an ailment or accident. And in this day and age, being blind-sided can be financially crippling and ultimately leave pet owners in heart-wrenching predicaments. Pet health insurance is a surefire way to avoid being put in this position.
With that – pet insurance is not for everyone. If your pet is older with pre-existing conditions, now may not be the time to sign up. If you have a pet that is young with minor or no pre-existing conditions, it is DEFINITELY in both yours and your pet’s best interest to at least crunch the numbers and see if the monthly payment is within your budget. Veterinary expenses are only getting more expensive, and the younger your pet is when you enroll them, the better!
At the end of the day, we have found that it is a win-win situation. Doctors are able to run as many tests as they need to in order to practice the best medicine possible and nobody has to tap into savings to pay for veterinary bills.
For more information on the pet health insurance we most eagerly recommend, click here.
For any further insurance-related inquiries, feel free to send in a contact submission form!