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:2/8/2016)... ... ... Remember the old saying “rub some dirt on it”? Perhaps you should try ... Clay” the health benefits of integrating clay into a daily diet are numerous, as ... motivational speaker, Perry A~ has since dedicated her life to learning about the benefits ...
(Date:2/8/2016)... , ... February 08, 2016 , ... ... wide variety of organizations. DocuSyst provides a cloud hosted environment for FileHold ... installations include integration with various 3rd party applications using the FileHold web services ...
(Date:2/8/2016)... ... February 08, 2016 , ... GrassrootsHealth published data from its ... 2 diabetes in the GrassrootsHealth cohort with substantially higher vitamin D levels than ... public health,” states Carole Baggerly, Director of GrassrootsHealth, “the safety and benefits ...
(Date:2/8/2016)... KS (PRWEB) , ... February 08, 2016 , ... TopConsumerReviews.com ... leader in Mole removal products. , Moles are derived from a cluster of melanin ... in all the wrong places and create a lifetime of embarrassment. Historically, mole ...
(Date:2/8/2016)... ... 2016 , ... Guruji Mahendra Kumar Trivedi is offering 3 days of accelerated ... his birthday on February 10th. During this time, people can achieve better health, ... 250,000 people from over 40 different countries as an “ordinary man with an extraordinary ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... , Feb. 8, 2016 Nueterra, ... formerly specialized in the development of equity ... that it has divided its interests between ... Nueterra Capital will continue the founding company,s ... will operate a national system of integrated ...
(Date:2/8/2016)... , Feb. 8, 2016   HighPoint Solutions ... Group (NRG),s pharmacovigilance technology services division.  NRG ... services and an Oracle Argus Specialized partner, providing ... Life Sciences companies. --> ... HighPoint,s life sciences capabilities and provides a global ...
(Date:2/8/2016)... --  Intarcia Therapeutics, Inc. today announced the appointment ... newly created role of Vice President, Head of Global ... decades of leadership experience at leading pharmaceutical, biotechnology, and ... center. Most recently Dr. Yee served as VP, Head ... Medical Officer at AstraZeneca, where he led medical affairs ...
Breaking Medicine Technology: