Tips for Choosing Pet Health Insurance

By January 3, 2014Uncategorized

DO:

  • Research pet health insurance policies before or soon after you obtain a pet.
  • Understand when and how you will be reimbursed
  • Know what the policy covers before you enroll.  (Does it cover pre-existing conditions?  overall hereditary conditions?  Conditions common to your pet’s species or breed?  How much coverage is provided for these conditions?)
  • Get second, third, and fourth opinions about the company before you enroll.
  • Make sure the providers you consider are licensed to operate in your state.
  • Ask if specific conditions common to your pet’s species or breed are covered.
  • Look for independent websites that include customer reviews of providers and policies.
  • Ask if the provider has a fee schedule or reimburses you based on actual fees charged.  A fee schedule lists how much the insurer will reimburse you for various services; if your veterinarian charges more than the fee schedule indicates for a particular services or treatment, say, setting a broken bone, you will not be reimbursed for the difference.
  • Ask if you can revise your policy before the renewal date and, if so, whether you will be charges for the change.
  • Choose a policy that has a deductible and required co-pay you can afford.

DON’T:

  • Make a decision solely on advertising.
  • Delay selecting a provider until your pet needs medical care.
  • Base your purchase decision on cost alone.

 

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