Kim asked me what I think about pet insurance. Me? I love it. It means people who would normally be unable to afford an emergency surgery or illness are able to get their pet treatment.
Most veterinary clinics don’t offer payment plans. We all wish we could. The problem is not that we don’t want to deal with it, but that they never work. There are too many people who renege on it and ruin it for everyone else, so the only way we can stay in business is to be paid at the time of services rendered. Insurance has saved many lives.
The other reason I like it is actually something most owners probably dislike. I really don’t have anything to do with it. There is none of that craziness human MDs have to deal with, no coding and negotiated reimbursements and arguing with medical billers. You pay, you fill out the papers, you get reimbursed. I just sign off on what we did.
The disadvantage to that is of course that you still have to have the money available to pay, even though you are reimbursed. I can’t speak as to the positives and negatives of individual companies since I don’t work with them much at all, but I know I have heard some grumblings about reading fine print. Be very aware of the exclusions- many insurance companies have a list of breed related conditions they will not pay to treat, regardless of its medical indications.
I’m not sure how beneficial it is for preventive care, but I see its greatest value in emergency treatment and catastrophic illness. If I didn’t have this job already, I would definitely be looking into it. The feedback I have heard is definitely quite positive as a whole.
Anyone here have pet insurance? What do you think of it? Would you do it again?