Animal Insurance
Veterinary Science has changed in recent years. The range of treatments available these days is far greater and more advanced than they were only a few years ago, and at prices that could make you go barking mad.
Ever heard of a CAT scan for your dog?
- Treatments once reserved for humans, from radiation therapy to kidney transplants, are now available for pets. This means that once-fatal conditions are now treatable at costs ranging from $1,000 to more than $5,000.
- Vets have access to increasingly sophisticated and costly diagnostic tools, such as MRIs. Such screenings not only boost the cost of exams but often detect problems that once would have gone unnoticed and untreated.
- These expensive tools and procedures have helped create health care inflation in the pet doctor world.
Pet insurance is still relatively unheard of in Australia. Less than 2% of the nations estimated 5 million pets are insured.
Pet Insurance is best used as protection against the really big expenses, rather than those you could easily afford to pay out of pocket. You have to ask yourself how deep a hole would you go in to for your pet? Can I afford that?
