Resolution 7 has now been referred to the AVMA House of Delegates for consideration during the upcoming AVMA conference. Kent Kruse DVM and longtime veterinary practice consultant feels strongly that the resolution should be passed on behalf of the profession. “In short, pet health insurance benefits are the only supplements to client discretionary cash which […]
FOR IMMEDIATE RELEASE – June 11, 2019 North America’s pet health insurance sector reached another major milestone, with total premium volume in North America reaching $1.42 billion USD by the end of 2018, according to the North American Pet Health Insurance Association (NAPHIA). Industry data also showed that 2.43 million pets were insured in North […]
Don’t pro-cat-stinate because registration is now open for the NAPHIA Leadership Forum 2019! During this two-day event you’ll get an exclusive insider’s look at the pet health insurance industry, while expanding your knowledge and networking with industry professionals. Take advantage of the hot desert sun and year-round outdoor fun Phoenix, Arizona has to offer while staying at the Kimpton Hotel Palomar Phoenix. This intensive two-day event […]
An increasing number of animal owners are seeking sophisticated medical treatments for their animals. Pet Health Insurance could protect against budget-busting events costing thousands of dollars, or worse: economic euthanasia. Read some questions and answers about pet health insurance here.
Millennials, or those people born between 1980 and 1995, are more likely to spend money on their pets in the form of organic foods, high quality medications, entertainment and other services. With 80% of these young people calling their pet a part of the family, acceptance of pet health insurance as a necessary protection could […]
John Volk has presented NAPHIA’s Pet Insurance Best Practices to veterinary teams at conferences across the U.S. in 2018. Here’s a great article by dvm360 that helps veterinary hospitals see the benefits of pet insurance coverage, and shares some of our insightful tips on how to implement them. Read the full story here.
Consumer Affairs shared a report from ndp analytics found that pet owners spend anywhere from $9,000 to more than $13,000 for medical treatments over the course of a companion animals’ lifetime. And most of the time, cats and dogs aren’t covered by medical insurance. With animals living longer, and becoming closer to family than ever […]
Pet owners spent nearly $70 billion on pet products in 2017. A large part of this spend, and most unexpected for pet owners, is the cost of drugs and medical procedures. Owners can spend between an estimated 9K and 13K US on their pets’ lifetime medical bills. Our pets have become more and more a […]
While Naphia doesn’t project growth in North America’s pet health insurance industry, Packaged Facts has released a new report projecting that insurers writing policies in the United States will do $2 billion in business by 2022, nearly double 2017’s total. Read more in Today’s Veterinary Business about key factors driving this growth.
Mark Your Calendars! Join us at the 2019 NAPHIA Leadership Forum, May 28-30, 2019 at the Kimpton Hotel Palomar in Phoenix, Arizona. Learn from business leaders as they share their research, insights and expertise into the world of pet health insurance (and other related topics). Network with industry professionals, attend breakout sessions and work together with us as we […]