Navigation Links
PetFirst: Pet Insurance To Be More Popular in 2008
Date:2/7/2008

More companies to offer as employee benefit

Increasing animal obesity, more and better pet care to help double

industry's size by 2012

JEFFERSONVILLE, Ind., Feb. 7 /PRNewswire/ -- The insurance industry is going to the dogs ... and cats.

Officials with PetFirst Healthcare say more and more pet owners are insuring their furry friends and the growth trends for pet insurance are only going to accelerate in 2008. As a nationwide provider of health insurance policies for dogs and cats, PetFirst expects the $250 million pet insurance industry to double by 2012.

Pet insurance works similarly to human health insurance, covering the costs associated with veterinary expenses. PetFirst plans include routine care such as annual exams, vaccinations, flea control and spay/neuter services, as well as surgeries, x-rays or hospitalization that result from illness or injury.

PetFirst CEO Brent Hinton said his company's biggest area for growth will be through more companies offering pet insurance as a voluntary benefit to their employees.

"We're hearing that, in recent months, pet insurance has become the most- requested benefit by companies' HR and benefits managers," Hinton said.

PetFirst insurance plans are already available to hundreds of thousands of employees through the American Humane Association, the Kroger Co., and Eli Lilly Federal Credit Union. Last month, PetFirst announced a partnership with National Benefits Partners, a benefits wholesaler providing voluntary benefits to more than 3,000 employers and 3 million employees.

Hinton said other trends in pet insurance are mirroring human health care. Obesity, for instance, is a growing problem for dogs and cats. In 2007, PetFirst saw a 19 percent increase in claims related to obesity, including conditions such as cardiac arrest, hypertension and hypothyroidism.

"Fortunately, we're seeing pets live longer and better lives because of advances in care and treatment," Hinton said. "But that also means more visits to the vet and more costs associated with those vet visits, which is why we believe people are exploring pet insurance."

About PetFirst Healthcare

PetFirst Healthcare is a privately owned pet-insurance company based in Jeffersonville, Ind. Underwritten by an A-rated insurance carrier and available nationwide, PetFirst provides affordable and reliable coverage for dog and cat medical expenses, and fast and efficient claims processing. For more information about individual and family plans and pricing, visit http://www.petfirst.com or call 1-866-937-PETS.


'/>"/>
SOURCE PetFirst Healthcare
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Opportunity Internationals Micro Insurance Agency to Develop and Provide Life, Health and Crop Insurance for 21 Million Poor People
2. Mitchell Medical and Jopari Solutions Team up to Offer eBilling Compliance Services to Automobile Property & Casualty Insurance Carriers to Meet New Minnesota Requirements
3. Veterinary Pet Insurance Data Reveals Pet Dental Health a Low Priority for Many Pet Owners
4. Wisconsin Physicians Service Insurance Corporation, Aurora Health Care and HealthEOS Announce Settlement Agreement
5. CAHI Releases Updated Health Insurance Mandates in the States
6. Blue Cross Blue Shield of Michigan Says Guaranteed Access Provisions of Insurance Reform Bills Protect Michigan Consumers Twice-Over
7. Cost of Massachusetts Health Insurance Mandate to Rise 85% -- $400 Mil -- in 09; CA Mandate Proposal Certain to Face Similar Increases
8. U.S. Department of Labor Announces $1.25 Million to North Carolina to Help Trade-Affected Workers Pay for Health Insurance
9. Health insurance co-payments deter mammography use
10. Long Term Care Insurance Leader Offers Advice on Preventing Dementia, the Leading Cause of Care Claims
11. Hispanic Insure Offers Health Insurance Solutions for Hispanic Business Owners
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2016)... ... 2016 , ... The Woodlands at John Knox Village , Florida’s first ... for living and healing, celebrated its grand opening, today. The Woodlands at John Knox ... by Empowered Staff. , “This is an incredibly fulfilling time for John Knox Village ...
(Date:5/26/2016)... TN (PRWEB) , ... May 26, 2016 , ... There ... and more than 32 million cancer survivors worldwide. On Sunday, June 5, 2016, communities ... 29th annual National Cancer Survivors Day®. , National Cancer Survivors Day® is an ...
(Date:5/26/2016)... ... May 26, 2016 , ... Catalent ... for drugs, biologics, consumer health and global clinical supply services, today announced two ... support the company’s continued investment and strategic growth plans in the Asia Pacific ...
(Date:5/26/2016)... , ... May 26, 2016 , ... An April Gallup ... families. , The 550 employees of Sun Health Senior Living (SHSL) may ... that reduces their doctor and prescription copays for the year, while holding the line ...
(Date:5/26/2016)... ... May 26, 2016 , ... Memorial Day Weekend marks the unofficial start ... is sharing tips to make sure your family and vehicle are ready to hit ... there may be 439 deaths and an additional 50,500 serious injuries from motor vehicle ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... May 25, 2016 Digital Health Dialog, ... it by the US Patent and Trademark Office ... includes proprietary processes for electronic opt-­in and processing ... wellness programs, HIPAA compliance and otherwise. ... "Our technology allows for individuals ...
(Date:5/24/2016)... Cirujanos holandeses han puesto en ... médicos a compartir sus mejores prácticas por el mundo ... médicos de Europa, África, Asia ... aplicación, que combina la transmisión en vivo con mensajería ... Educación   "Imagine un médico de Medicines ...
(Date:5/24/2016)... , May 24, 2016  NxStage Medical, Inc. (Nasdaq: ... focused on advancing renal care, today announced that ... participate in the following schedule of investor conferences. Where ... available at http://ir.nxstage.com/ .   ... Healthcare Conference NY, NY           Friday, June 10, 2016 ...
Breaking Medicine Technology: