The expense associated with companion animals health care is growing, but many owners don’t buy coverage. It wasn’t very long ago that veterinary costs were quite affordable and pet insurance was relatively unnecessary, as the health care that was provided to animals was relatively limited and somewhat low-tech. Times have rapidly been changing and the cost of providing health care to animals has been skyrocketing. As a growing number of people consider their animal companions to be nothing less than furry family members and expect them to be able to…
Read MoreTag: pet insurance
Pet insurance is among the most popular American worker benefits
A growing number of businesses are now subsidizing and discounting the cost of the coverage for their employees. The trend for companies to offer their workers pet insurance as a part of their benefits packages is a growing one, as people increasingly feel that their animal companions are members of the family. Businesses across the country are working to make themselves more attractive to talented workers. One in three Fortune 500 companies offers plans from Veterinary Pet Insurance (VPI), the oldest and largest animal health insurer in the United States.…
Read MorePet insurance for elderly dogs proves to have challenges
As animals start to age, premiums for these policies can start to rise, but the coverage may still be worthwhile. As a growing number of animal owners are buying pet insurance to help to cover the cost associated with veterinary care, many are discovering that premiums rise quite substantially as that beloved pooch ages and are taking the risk of cutting off their coverage at precisely the time that it is most likely to pay off. Though the premiums do increase many owners are now finding themselves faced with an…
Read MorePet insurance is among the most rapidly growing benefits for workers
New research is revealing that this is one of the latest and most popular added perks offered to employees. Along with the strengthening of the American economy comes a boost to the benefits packages that employers are offering their workers, and among the most rapidly growing trends at the moment is the inclusion of pet insurance in the mix. This is a leading voluntary benefit in terms of growth and the trend doesn’t appear to be slowing. Among Fortune 500 companies, one in every three is currently offering pet insurance…
Read MorePet insurance company Pethealth to acquire parts of PurinaCare’s assets
Some of the latter company’s coverage operations have been purchased through this agreement. Pethealth Inc. has just announced that its PTZ Insurance agency subsidiary has now entered into an acquisition agreement with Nestle Purina Claims Processing, Inc. and its PurinaCare services in order to purchase some of its pet insurance operations. The acquisition covers the Purinacare Insurance Services, Inc. operations in terms of certain operations. Those operations are specific to the administration of the pet insurance program at Purina, and the ownership of the rights to the renewals of…
Read More