The Pros and Cons of Pet Health Insurance: Is It Worth It?
updated 21d ago
The Pros and Cons of Pet Health Insurance: Is It Worth It?
- "Nearly 50% of today's pet parents underestimate the cost of pet care1, and unexpected emergency care plays a big role in this miscalculation,"
from New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome by Synchrony Financial
- 91% of people say they’ve experienced some degree of financial stress in the past year related to the cost of pet care.
from Survey: 91% of dog owners have experienced financial stress over the cost of pet ownership by Heidi Gollub
- 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 expectat
from New Synchrony Research Finds Pet Parents Are Equally as Concerned About the Cost of Specialty Veterinary Care as their Pet's Potential Outcome by Synchrony Financial
- Must Have vs. Nice To Have (A): For pet parents and for pets themselves, food is a must have.
from The Farmer's Dog: A Consumer Subscription Case Study by Nikhil Basu Trivedi
sari added
- n Sweden, for example, 80% of dogs are insured, while in the US only 1–2% of dogs are.
from There are still huge opportunities in insurance by Louise Samet
sari added