Pet Insurance

Posted In: Feline Health & Wellness, Canine Health & Wellness

Pet parents often seek financial assistance when unexpected accidents or illnesses occur to their furry family member. For that very reason, pet insurance plans have grown in popularity. Whether you recently added a pet to your family or if you have shared your home with pets for some time, you may wonder if you should get pet insurance. Here’s a little info to help you decide:

What is pet insurance?  

A pet insurance plan covers some or most of the cost associated with an accident, injury, or illness.

What do pet insurance plans cover?

While some insurance plans will reimburse clients for money spent on routine pet care like annual examinations and vaccinations, not all plans do. Pet insurance plans do reimburse pet parents for money spent on services associated with an illness or injury, and some plans will pay the veterinary office directly, reducing the out-of-pocket expense at the time of the veterinary visit. Some of the common conditions covered by pet insurance may include:

Hip dysplasia
Torn ACL
Thyroid disease
Heart disease
Kidney disease

Typically, pre-existing conditions are not covered, and there may be a waiting period following sign-up but before full coverage begins. Illnesses or accidents that occur during that time may be considered pre-existing conditions and won’t be covered.

How much does it cost?

The premium, or the monthly cost of pet insurance will vary depending on the provider, the type and breed of your pet, the age, and the selected coverage plan. Typically, the monthly premium for cats is $12-$36 and premiums for dogs are $25-65 a month. Just like health insurance for people, pet insurance plans have a deductible, a portion of the vet bill the pet owner is responsible for before the insurance provider will start payment. The deductible can be anywhere from zero to $1,000. After that deductible is met, your pet insurance will kick in.

For example, if your dog tears her ACL and the vet bill is $2500, you will be responsible for the deductible, and the insurance company will cover the rest.

How do I purchase pet insurance?

There are several companies that offer pet insurance, so you will want to research different options before making a decision. Talk to your veterinarian about providers, and don’t delay! The sooner your pet is covered, the less likely he or she will have a pre-existing condition that isn’t eligible under your insurance plan.

The Humane Society of Missouri has partnered with Trupanion, a pet health insurance provider, which offers 30 days of free coverage for all adopted pets from HSMO after activation. Plus, our veterinary clients can take advantage of the 30 days of free coverage after activation as well. Trupanion is the only pet insurance company that currently allows the veterinary clinic to submit an invoice, and you will know within minutes how much of the invoice will be covered by insurance. You will not have to pay that portion and wait for a reimbursement, unlike other insurance company plans. For more information on Trupanion, visit  www.Trupanion.com.

The Animal Medical Center of Mid-America has veterinarians at two locations that can answer questions about your pet’s health. Call 314-951-1534 or click here to request an appointment online.