Pet Health Insurance

Pets are people to, and most pet owners do will whatever it takes to keeps their pets happy and in good health. Pets very quickly become very much a part of the family and we want to keep them around for as long as possible.

Pet health insurance is exactly what it says. It is a health insurance policy for your pet that covers the vet bill in the event your pet suffers an illness or injury. It is an alternate means of taking care of a pets medical care rather than using credit cards or borrowing money to pay the vet bill, or worse, opting for euthanasia because there is no money to pay the vet bill.

Thanks to advancement of veterinary medicine and care, pets can live a longer, more productive life than before. Like medicine and health care for people, those advancements come with a higher price tag. For example treating a broken leg can cost the pet owner anywhere from $2k to $5k. Surgically removing things like toys or rocks can cost anywhere from $1k to $3k. Chronic condition treatments for maladies like arthritis or diabetes can cost anywhere from $1k to $2.5k per year. 60% of dogs 6 years and older will develop some form cancer and the cost of cancer treatments could be as high as $10k.

There are a variety of pet health insurance plans available. Choosing a health pet health insurance plan for your pet is similar to choosing a health plan for yourself. Decide on the essential elements and care options that best suit you and compare plans and prices. It may not be as simple as that but the philosophy is the same.

When choosing pet health insurance, consider the type of pet you have. Some plans are right for a certain size pet and others are right for the medical tendency of your pet. Some dogs are more prone to broken limbs because they are more active than other types of pets and then there are the indoor pets that lead a somewhat sedate life style and rarely venture out beyond the front door. Young and older pets may need more care than their middle age counter parts because they are young, curious and clumsy or older and subject to old age maladies.

The cost of pet health insurance will vary according to location. Areas that have a higher cost of living will see higher veterinary costs, as well. The cost will also vary depending on the level of care chosen for your pet. There will be a deductible involved no matter what plan is selected and some pet health insurance plans will require a small co-pay for each visit.

The premium for pet health insurance is usually negotiable. If you have a breed of pet that tends to be a healthy breed you may opt for a higher deductible and a lower premium. On the other side of the pet care coin, you may have a pet that is prone to injury and illness and may opt for a lower deductible and a higher premium.