Pet insurance is rapidly becoming a standard for pet owners across the nation. And for a good reason: pet insurance gives some peace of mind to pet owners by providing assistance for unexpected medical costs. These can include diagnostics and treatment for orthopedic and soft tissue injuries, skin conditions and eye or ear issues.
For a crash-course in pet insurance coverage the WSVMA recommends visiting the Pet Insurance University. This is a wonderful resource that allows pet owners to compare policy basics and gives a rundown of what to look for in a policy for your pet.
Like most insurance, coverage varies depending on your carrier regulations and policy types. Office visits are paid for at the time of service and submitted to the pet insurance company for reimbursement. Many carriers allow you to choose your annual deductible. Try out Trupanion’s quick quote feature. VPI/Nationwide has a similar calculator available here. These tools allow you budget a plan that will work best for your pet.
There are a few things to consider when shopping for a policy for your pets. Your pet’s age and breed can factor into your monthly cost. Most insurance providers will not cover preexisting conditions, so it’s beneficial to start a policy early in your pet’s life. However, most pet insurance allows for enrollment until 11 to
14 years of age.
Some insurance companies are instating programs for pre-approval of surgical procedures. We recently received notification from Trupanion that one of our canine patients, Rose, was pre-approved for coverage for her surgery to repair a knee condition called medial patellar luxation. This means that once her $250 deductible is met and her 10% copay is paid, the remaining $2151.55 of the estimated cost of the procedure will be covered by her insurance.
And, since it was preapproved, her owners will have expedited payment for this surgery. We recommend pet insurance for all of our patients. Please feel free to contact us if you have any questions. We are happy to help!