It’s time to enter a captivating journey into the world of pet insurance, where wagging tails, fuzzy cuddles, and heart-melting purrs meet the security of comprehensive coverage. When it comes to our pets’ health, no pet owner wants to compromise on the quality of care. However, veterinary costs can quickly escalate, especially in the case of emergencies, surgeries, or chronic illnesses. This is where pet insurance steps in. As a vital resource, pet insurance can alleviate financial burdens and ensure employees can provide their furry friends with necessary medical attention without hesitation.
When employers offer access to pet insurance, they’re extending a helpful hand to their employees, providing them with peace of mind. Employees no longer need to worry about outrageous bills derailing their financial stability or making difficult decisions based on their budget. Instead, they can focus on what matters - ensuring their pets receive the care they need to lead happy and healthy lives.
Pet Insurance Basics
Pet insurance is a health plan the owner pays monthly or annually in exchange for reimbursement of eligible veterinary expenses. When a vet sees a pet for a covered condition, the owner pays the vet in full and then submits a claim to their insurance company for reimbursement. Most pet insurance plans are for dogs and cats, but a few pet insurers offer coverage for other animals.
The following is what is commonly covered by pet insurance:
- Accidents and injuries such as broken bones and ACL ruptures
- Behavioral therapy
- Chronic illnesses such as allergies, digestive problems, and skin conditions
- Common illnesses such as ear infections, vomiting, and urinary tract infections
- Hereditary conditions
- Prescription medications
- Procedures
- Serious illnesses such as cancer and diabetes
- Testing and diagnostics
- Wellness procedures
Ultimately, pet insurance acts as a safety net, shielding pet owners from the financial strain that comes with unexpected veterinary expenses. As costs increase for everything from grooming to veterinary care, 47% of pet parents report having had some kind of pet-related debt. With the rising costs of advanced medical treatments, surgeries, and medications, pet insurance provides invaluable peace of mind.
Financial Security In The Face Of Uncertainty
When it comes to our pet’s health, no expense should be spared. However, unforeseen accidents or illnesses happen and can send us spiraling into uncertainty. The thought of outrageous vet bills can cause sleepless nights and unimaginable stress. That’s where pet insurance becomes your support system, offering a lifeline of financial security in the face of uncertainty.
By providing a safety net for our furry companions, pet insurance ensures that no matter what unexpected twists and turns life may bring, we can focus on giving our pets the care they need without worrying about the financial strain. Having quality pet insurance can empower us to face any medical challenge that comes our way by knowing that our pets’ health and financial stability remain intact.
The Benefits Of Offering Pet Insurance
In the ever-evolving landscape of employee benefits, pet insurance has emerged as a game-changer in attracting and retaining top talent. As employers strive to create a workplace environment that values the well-being and happiness of their employees, pet insurance stands out as a compelling benefit with undeniable perks.
By offering pet insurance as part of a comprehensive benefits package, employers demonstrate a deep understanding of the profound bond between humans and their pets, fostering a culture of compassion and empathy. This goes beyond the surface-level perks – it signifies a commitment to supporting employees’ personal lives and acknowledges the significant role that pets play in their overall well-being. By embracing pet insurance, employers not only enhance employee morale but also attract talent, reduce turnover rates, and create a workplace where employees feel valued and cared for. In the competitive job market, where the battle for top talent is fierce, offering pet insurance is not just an added benefit, but it’s a strategic move that elevates the employer brand, cultivates loyalty, and builds a vibrant and inclusive workplace community.
Get Started Today
Pet insurance sounds like a win-win, right? It is! And we’ve got the solution you’re looking for. As a professional employer organization (PEO), we offer various ancillary benefit options, including pet insurance. Through our partnership with MetLife Pet Insurance, we now provide robust annual benefits options, chronic care coverage, and no lifetime or per-incident limits for pets of all ages. You can customize your deductible and reimbursement rates to work best for your pet’s needs and your budget. In addition, we have our Total Pet Plan pet benefits, which is a discount program where you can save on Rx for your pet, receive discounts at participating vets, in-house medical services, telehealth service for your pet, and lost pet recovery service.
Denise O’Dear, GMS’ Benefits Account Manager, added, “Let’s face it, our pets are part of the family! MetLife offers affordable insurance for your pets. With lots of options, you can choose a plan that best fits your financial needs. Help your employees ease the financial stress that comes with paying for their pet’s covered veterinary care, so they can stay engaged and focused at work.”
Health care for animals can be expensive, but pet insurance can help you cover those expenses and give your pet the care you want, and they deserve. Pet insurance is just the beginning of our supplemental health care coverage options. Interested in learning more about our health care coverage? Contact us today.