Pets Best Insurance Reports its Top Most Costly Pet Insurance Claims
Posted on May 22, 2012 under Industry News
Boise, Idaho based Pets Best Insurance, a leading provider of US pet health insurance, publishes some of its highest pet insurance claims over the past year.
Pets Best Insurance says the sky high pet insurance claim submissions it continues to see are a testament to the continual strengthening of the pet-owner bond.
“People who love their pets will do anything for them,” Pets Best Insurance President and Founder Dr. Jack Stephens said. “Vet costs are on the rise because pet owners are willing to spend almost any amount to save their pets. But with pet insurance, the out-of-pocket cost can be substantially decreased, which may make pet health care more affordable.”
Pets Best Insurance has identified some of the highest claims it has received over the past year that cost pet owners $10,000 or more at the veterinarian. Pets Best Insurance paid a flat percentage of each, up to their allowable limits. Some of the most expensive claims this year included:
1. Car Accident
Pets Best Insurance received a claim for over $55,000 for a dog that was hit by a car and kept on life support for two weeks. The dog sustained fractures but is reportedly doing well!
2. Wobbler’s Syndrome
This condition of the vertebrae causes a wobbly gait and weakness in dogs and some other animals. This claim came in at an astonishing $21,580.82 as the disease tends to gradually progress and X-rays, MRIs, steroids and surgery to correct the spinal cord compression is often necessary.
Next on the list is a form of cancer called Meningioma, which came in at a whopping $15,533.
4. Intervertebral Disc Disease
This disease is a “slipped disk” in the spinal cord that often renders an animal unable to move or feel sensation in their limbs. CT scans, MRIs and surgery are generally all necessary. This claim came into Pets Best Insurance at nearly $14,400.
This condition is an inflammation on the inside lining of the heart chambers and valves. A pet owner submitted a claim for over $11,000.
“Pet insurance that pays a flat percentage of the vet bill like we do, allows pet owners to provide the best health care to their pets without worrying about financial strain or having to consider euthanasia for economic reasons,” Dr. Stephens said. “It helps pet owners focus on their pets in time of stress, instead of focusing on their bank accounts.”
About Pets Best Insurance
Pet insurance plans offered and administered by Pets Best Insurance Services, LLC are underwritten by Independence American Insurance Company, a Delaware Insurance company. Independence American Insurance Company is a member of The IHC Group, an insurance organization composed of Independence Holding Company, a public company traded on the New York Stock Exchange, and its operating subsidiaries. The IHC Group has been providing life, health and stop loss insurance solutions for nearly 30 years. For information on The IHC Group, visit: www.ihcgroup.com. In states in which Independence American Insurance Company’s new policy form has not yet received regulatory approval, Aetna Insurance Company of Connecticut will underwrite policies. Each insurer has sole responsibility for its own products. To determine the applicable underwriter in your state visit www.petsbest.com/underwriter or please call Pets Best at1-877-738.7237.
For more information, visit Pets Best Insurance at http://www.petsbest.com or phone 877-PetsBest (738-7237). You may also follow them on Facebook at http://www.facebook.com/petsbestinsurance.