U.S. employers recognize value of offering pet insurance coverage to workers
BOISE, Idaho– Pets Best Insurance, a leading nationwide pet insurance agency, announced today the company has launched a new payroll deduction service to provide pet owners across the United States with an easier way to pay for pet coverage plans offered by their employers.
To meet the growing demand for pet insurance coverage among American families, companies of all sizes can add Pets Best Insurance as a voluntary benefit for their employees. Pet coverage plans are also available for employer discount programs.
The free employer sign-up process takes about 10 minutes, with no minimum participation or employer contribution requirements. With the addition of the automatic payroll deduction service, employees are no longer required to pay for their coverage plans with credit or debit cards.
“Pet insurance is consistently among the most requested voluntary benefits in the U.S.1,” said Dr. Jack Stephens, president and founder of Pets Best Insurance. “Employers across the nation are recognizing the value of providing pet insurance as a benefit. For many companies, these types of benefits can play a significant role in recruiting and retaining highly skilled employees.”
Pet owners account for 62 percent of all U.S. households, and total spending for veterinary care is expected to exceed $14 billion in 2013, according to recent data from the American Pet Products Association2.
Alta California Regional Center, a nonprofit organization dedicated to providing services to individuals with developmental disabilities, began offering Pets Best Insurance as a voluntary benefit to its employees in 2008. Jennifer Crick, the organization’s director of human resources, said the addition of Pets Best Insurance has bolstered the nonprofit’s employee recruitment efforts.Read More…