Pet Insurance For Young Urban Professionals

At last, Veterinary Care that Won’t Break Your Bank

Many young urban, upwardly-mobile professionals simply don’t have time for a family. For them, their pet dog or cat is a huge part of their lives. For the elderly, pets may be the only family members they come in contact with on a daily basis.

So if a pet becomes sick or injured, the emotional damage could be huge. But that emotional damage could pale when compared to the ensuing veterinary bills.

In 2004, pet owners spent upwards of $12 billion on veterinary care. That number is expected to grow between 25%-30% per year. As the American pet population continues to increase, that trend isn’t likely to change any time soon.

Technological advancements in medicine have given veterinarians the ability to vastly improve quality of life or even save a pet’s life. Advances in medical treatment for pets come with increased costs. Dogs and cats get cancer and other illnesses that often can be treated just like humans. But chemotherapy treatment for a pet can cost thousands of dollars. Common accidents like ingestion of a foreign object can require surgery costing more than $1,000.

One recent survey reported that 84 percent of pet owners in the US consider their pets to be their “children.” And, nearly 75 percent say they would be willing to go into debt for their pets’ well being. But far too often, pet owners must choose between saving their pets’ life and paying the mortgage next month.

So what is a pet owner to do? Thankfully, there is a new trend in pet health care that seems to be on the rise in the United States: Pet Health Insurance.

“Insurance is a win-win situation for veterinarians, for the public and for the pet,” said Dr. Alan Schreier of Pleasantville (N.Y.) Animal Hospital. “The pet can receive the medical care he needs, the veterinarian can do his job and feel good about it, and the people who own the pet can save the animal and not have to say, ‘Oh my God, I’m going to have to put my pet to sleep because I don’t have the money.'”

Pet Health Insurance could be a welcome relief for pet owners, but is it cost effective? There are a lot of factors that pet owners need to know before buying pet health insurance. Some of these factors include the age of the pet, type of animal, and the breed (some breeds are more prone than others to have medical issues). You can get more information on pet health insurance online at

Far too often if a pet is involved in a catastrophic accident the pet owner may have them euthanized when they could be treated, albeit expensively. A study by the veterinary trade journal DVM Magazine found pet owners start to consider having their animal euthenized when bills reach an average of $576. This is a tragedy that could be avoided with pet health insurance.

Eric Lynch is the webmaster

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