Survey: 91% of dog owners have experienced financial stress over the cost of pet ownership
Heidi Gollubusatoday.com
Survey: 91% of dog owners have experienced financial stress over the cost of pet ownership
- 72% of pet parents are very/extremely concerned about the financial implications of the cost of their pet's specialty care as they are the potential outcome.
- Half would be stressed by a specialty care bill of up to $1,000, with 81% being stressed if the bill increased towards $2,500.
- Only 25% of specialists believe pet parents have realistic
Synchrony Financial • New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome
"Nearly 50% of today's pet parents underestimate the cost of pet care1, and unexpected emergency care plays a big role in this miscalculation,"
Synchrony Financial • New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome
Despite 63% of pet parents wanting to know about payment options early, few specialty clinics share this information before the client arrives
Synchrony Financial • New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome
According to Weave’s study, 28% of providers are already seeing an increase in patients using a payment plan
Weave • The 2023 Veterinary Business Insights Report
n Sweden, for example, 80% of dogs are insured, while in the US only 1–2% of dogs are.