Pet health care costs, like human health care costs, have skyrocketed in recent years. Just as people purchase insurance to protect themselves from the cost of catastrophic illness, pet owners can do the same for their furry friends.
One reason for the soaring costs of veterinary care is that Tulsa veterinarians can now offer treatments, such as radiation therapy or kidney transplants, that just a few years ago were unavailable. Vets also have access to many new sophisticated and costly diagnostic tools. The biggest single reason for the costs of veterinary care continuing to rise can be directed at the pharmaceutical companies whose costs have annually increased at 2 and 3 times the cost of inflation, even for drugs that no longer carry patents.
So health care costs have risen, just like everything else, do I need pet insurance in Tulsa?
That really depends on what kind of pet owner you are and what you are willing to spend on the care of your pet. If you are the type of person who will spend thousands of dollars on medical care for your pet and do most anything to save them, then pet insurance may be a wise decision.
Pet insurance in Tulsa can cost you anywhere from $2,400 to over $7,000 over your pet’s average lifespan and pets are living longer. Veterinarians say that it is not unusual for many dogs and cats to reach 15 years or more, and they’re seeing more and more pets that do.
Pet insurance in Tulsa premiums vary from one company to another as do the levels of coverage. One can usually expect to pay monthly premiums of $15 to $20 for a cat depending on age and $22 to $35 for a dog depending on both age and breed.
In fact, your dog’s breed should be a major factor in your decision to purchase pet insurance. Some breeds have known issues such as hip displaysia, an abnormal formation of the hip socket that, in its more severe form, can eventually cause crippling lameness and painful arthritis of the joints. This condition is most common in medium and large pure bred dogs such as Labradors, Golden Retrievers Rottweilers, Mastiffs and German Shepherd dogs. Some smaller dogs such as Cocker Spaniels and Pugs also see many occurrences. Other breeds seem to have more common occurrences of cancer and other expensive health issues.
Some pet insurance companies do not cover for congenital conditions such as hip displaysia. Pet insurance companies also do not pay for pre-existing conditions, the pet owner would be responsible for all such related expenses.
What is generally covered is an array of illnesses and injuries – usually up to a predetermined amount per year with a pre-condition cap. A few examples of conditions usually covered include diabetes, pancreatitis, cancer, intestinal obstructions and fractures.
Although pet insurance in Tulsa usually is recommended for pet owners who do not have readily available funds to pay a large veterinary bill, the pet owner always pays the Tulsa veterinarian at the time of service, then files a claim and is reimbursed by the insurance company, usually within 30 days.
Self-insuring, putting the premiums you would pay for pet insurance into a savings account is another alternative and may be the most practical for those who can manage it.
Like any insurance coverage, compare plans, consider additional costs, deductible and coverage and make the best decision for you and your pet.