As veterinary medicine becomes more technologically advanced, the cost of care increases because of the higher costs associated with the equipment, facilities and training required to provide these higher-quality services. For some, the cost of care can cause some anxiety. Pet insurance can help by offsetting some or most of the costs of diagnosing, treating and managing your pet's illness or injury.
Pet insurance isn't for everyone, and there's no magic formula that will tell you if it's right for you and your pet. If you're considering pet insurance here are some basic considerations:
- Be sure you understand what the policy covers. Some policies will cover some preventative care, such as vaccinations, but there may be additional cost for this coverage.
- Understand the exclusions. Almost all policies exclude pre-existing conditions and some exclude hereditary conditions. Some may exclude certain conditions unique to certain breeds.
- Almost all policies have a deductible and a copay requirement. Some pay according to a set schedule of “usual and customary fees,” while some pay based on the actual incurred expense. Be sure you understand how expenses will be reimbursed.
Pet insurance plans are generally reimbursement plans – you pay the bills up front and are reimbursed by the insurance provider.
Ask the insurance provider how claims are processed as well as the timeframe for reimbursement of your expenses so you know what to expect. We will be happy to fill out any insurance forms you provide and email or fax them to your provider in a timely manner. We do require the owner’s authorization to release any information that is requested.