Health Insurance
Isn’t Just for Humans Anymore
The diagnosis and treatment of a seriously ill or injured pet can cost thousands of dollars, and more than ever before, pet owners are buying Pet Insurance to help bridge the gap between the quality care they want for their pets and their ability to pay for it.
Pets Best insurance company reviewed its claims over $500 and found that:
• 54% are for regular veterinary care
• 35% are for specialist care
• 11% are for emergency clinic care
Emergency situations are unplanned and often require costly intensive care or even emergency surgery.
The increase in specialization in veterinary medicine has made referral to a specialist readily available to pet owners. Because specialists have more training and expertise, perform more technically difficult procedures, solve more difficult problems, and have access to more advanced and expensive technology, their fees are higher.
Pet owners who aren't prepared when these unexpected and costly situations arise are faced with deciding on either a sub-optimal treatment option that may not be successful, or sadly, economic euthanasia.
Today, there are about a dozen companies that offer pet insurance to pet owners in the United States alone. They all have their own unique policies, and sifting through what each has to offer can be confusing.
The biggest mistake that pet owners make when purchasing pet insurance is not thoroughly researching companies and policies before buying.
But, how do you go about doing this research to find the best company and policy for your pet?"
Dr. Kenney has written a book that provides pet owners with a look at pet insurance from the perspective of a practicing veterinarian.
Why is this important?
Veterinarians have a unique perspective because every day, they diagnose and treat the problems for which pet owners end up filing claims.
Your Guide To Understanding Pet Insurance will help you:
- Gain a basic understanding of pet insurance.
- Know what factors are important when comparing companies and policies.
- Learn details about policies that aren't readily apparent on company websites.
- Take steps to lessen the chances that your claim will be unexpectantly denied.
- Systematically research each company's policies to find the best company and policy for your pet. You'll find worksheets to help you compare companies and policies. This section of the book also contains many clickable hyperlinks to specific pages on company websites to help make the process of doing the research easier.
Here's a look at the Table of Contents:
"This book has become my bible! It's user friendly and easy to read. Dr. Kenney covers all aspects of pet health insurance including the most essential considerations for pet owners wishing to make the best choice for their pet and for their pocketbook. The nuances of pet insurance are vast, the comparisons confusing, and the task daunting. Dr. Kenney provides an intelligent, methodical step-by-step process for understanding the meaning and differences between hereditary, congenital, and chronic diseases; per-incident deductible vs annual deductible; and monthly premiums vs total out-of-pocket expenses. A bonus for the reader is that Dr. Kenney has done a lot of the footwork by naming specific companies and making comparisons between them. He also provides worksheets so readers can design company profiles specifically tailored to their needs. This is the most insightful, well formatted book of its type. Dr. Kenney has broken new ground by taking us into the belly of pet insurance. After reading his book I was able to make an informed and confident decision and get the pet insurance I needed. I can't say enough about this book - it's terrific. Thank you, thank you Dr. Kenney!"
-- Desiree - pet owner in California
Free Bonus Items Included!
Selecting the right policy is just as important as selecting the right company to insure your pet.
A popular internet search phrase is:
However, the pet insurance policy with the lowest premium may end up being the most expensive especially if you have to file a large claim e.g. $5,000 or $10,000.
You may be wondering "What can be more important than the premium?"
The most important figure to look at when making the final choice of a company and policy is your total "out-of-pocket" expense including the premium. A number of other factors besides the premium will determine this and you'll need to do some calculations to determine this. I've prepared Excel worksheets for each individual company with built in formulas to automate the calculations for you.
I've also designed a Company Comparison Worksheet to help you look at the companies side by side.
Here is a link (out-of-pocket expense) that shows you how to use these worksheets.
These worksheets will also work with Numbers (spreadsheet program in iWork) on a Mac. You can also use them with the free Open Office spreadsheet Calc. Open Office is a free downloadable equivalent of Microsoft Office Suite.
The Individual Company Worksheets, and Company Comparison Worksheets are free when you purchase Your Guide To Understanding Pet Health Insurance.
Purchase Price is $8.95. Checkout is through a PayPal shopping cart, but you'll be given the option to also pay by major credit card if you prefer.
