Twenty years ago, if you suggested getting a pet health insurance policy, most pet owners would have taken it as a joke.
Not anymore. As veterinary treatments have gotten more advanced and sophisticated — and vet bills for serious conditions can quickly add up to thousands of dollars — buying pet health insurance is something to consider.
Don Klingborg, DVM, is associate dean for extension and public programs and director of the Center for Continuing Professional Education at the University of California, Davis, School of Veterinary Medicine. He tells WebMD that only about 5% of U.S. pet owners have pet insurance. But in other countries, he says, pet medical insurance has caught on among a much higher percentage of the population.
One reason for the difference is that these insurance products are relatively new here. Pet insurance appeared only about 15 years ago, but it is slowly building. Today, there are a handful of companies and organizations that offer plans.
If you have a new kitten or puppy — or an older pet about whose health you have concerns — here are some things to consider before you buy a pet health insurance policy or choose a plan.
Source link Pets.Webmd