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:4/28/2017)... ... 28, 2017 , ... It's not always common knowledge whether or not a ... unclear as to whether or not they are contagious, and most people don't know ... So, FindaTopDoc took a look into the matter. , They discovered that the ...
(Date:4/28/2017)... New York, NY (PRWEB) , ... April 28, ... ... Shiel Medical Laboratory to expanded distribution of the GlycoMark test throughout the Northeast ... indicates recent hyperglycemia in patients with diabetes. The GlycoMark test provides a clinically ...
(Date:4/28/2017)... , ... April 28, 2017 , ... ... been previously exposed to more adverse experiences than children in the general population. ... such as abuse, neglect or other family challenges. While no fault of their ...
(Date:4/28/2017)... ... ... Bill Howe started his sewer and drain company in 1980 focusing heavily ... team, the Bill Howe brand was born and they began cultivating their mission to ... the San Diego community in which they worked, lived and were raising their daughters. ...
(Date:4/28/2017)... ... April 28, 2017 , ... Woolsy Corporation ... supplements, through its Nova Skin Sciences division, recently announced the launch of Allumière ... with the power of an anti-aging concentrate. , Anogeissus Leiocarpa Bark ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... Texas , April 20, 2017  Vivify Health, ... mobile devices, has been awarded a very significant patent ... via EMRs to continual care via digital health.  This ... key intellectual property and further secures Vivify,s position as ... launched in 2009, was the first company to apply ...
(Date:4/20/2017)... 2017  RXi Pharmaceuticals Corporation (NASDAQ: RXII), a ... significant unmet medical needs, today announced that it ... product development program, based on its proprietary self-delivering ... Dermatology (SID) 76 th Annual Meeting.  The ... sciences relevant to skin health and disease through ...
(Date:4/20/2017)... , April 20, 2017   ZappRx, Inc ., ... specialty drug prescribing process, today announced it closed $25 million ... a venture capital firm based in Seattle ... Qiming Venture Partners . The Series B round included participation ... round in 2014, and GV (formerly Google Ventures). ...
Breaking Medicine Technology: