Pet insurance is a valuable, affordable employee benefit..
With pets being beloved members of more than 60% of American households, pet insurance is increasingly mentioned among the top requested voluntary benefits.While they bring joy to our lives, pets can also bring financial uncertainty and stress when they become ill or injured. Costs of veterinary services are rising as fast as the average of all consumer spending1. This uncertainty can affect the quality of the pet owner’s life, overall health and productivity at work. Companies offering pet insurance to employees have a unique tool to retain and attract and retain the best talent.
- Consumers are interested in a benefit that provides them with financial protection and peace of mind should their cat or dog need expensive veterinary care.
- More than 50% of consumers surveyed find it appealing for a health insurer to offer pet insurance.2
- A growing number of studies suggest that pet ownership may provide direct health and wellness benefits to pet owners, which may reduce an employer’s share of health care costs related to illness and absenteeism.
- One study found that people who walk their dogs on a regular basis were more physically active.3 Being active improves employees’ energy levels, morale, job satisfaction, productivity and ability to cope with stress.
Pets Best advantages.
- Pet insurance is an affordable voluntary benefit and costs your company nothing to administer. Employees pay Pets Best directly for premiums with a credit card or other payment options.
- Pets Best plans offer consumers a variety of affordable plan options that help cover veterinary visits, lab tests, surgery and prescription medications for unexpected illness, accidents, and injuries.
- Pet owners select the veterinarian of their choice.
- Pets Best reimburses policyholders 80% of the veterinarian’s bill after a deductible for covered services.
- Plans cover care from specialists and emergency services.
- Pets Best plans are available at affordable prices in all 50 states and the District of Columbia.
Pets Best is a trusted name.
- Pets Best Insurance was started by Jack Stephens, DVM, who is recognized as the founder of the pet insurance industry in North America.
- Pets Best plans are underwritten by Aetna Insurance Company of Connecticut and recommended by the Group Health and Life Insurance Trust of the American Veterinary Medical Association.
- The Pets Best Insurance team consists of a group of pet lovers.
How to offer Pets Best insurance to your employees.
- Link to us on your company website or intranet site and include information about the health benefits of pet ownership and pet insurance.
- Distribute information in employee newsletters.
- Include pet insurance brochures in payroll stuffers and new employee folders.
- If you have 1,000 or more employees, you may qualify for a corporate group discount. Discounts not available in all states.
- Group billing accounts and payroll deduction can be established with a minimum of 100 participants.
Help employees protect members of their entire household. For more information on offering Pets Best insurance to your clients call 877.738.7237 ext.3 or email benefits@petsbest.com.
1 Journal of the American Veterinary Medical Association, April 2008.
2 Aetna Market Insights Consumer survey, March 2008.
3 “Dog Walking and Physical Activity in the United States,” published in Preventing Chronic Disease, a publication of the Centers for Disease Control and Prevention, April 2006.