Amos is just 9 but he hasn’t been eating. Clearly something is wrong. His doctor wants to run a whole battery of tests suspecting an intestinal issue. Surgery seems likely.
Trouble is, Amos is a dog and doesn’t have Pet Insurance.
His ‘Mom’ called me noting we advertise pet insurance on our website. After listening to her dilemma, I had to explain virtually all pet insurance plans are guarantee issue but, don’t cover pre-existing conditions. Buy a policy when your pet is young and healthy, pay premiums for years and years without filing a claim, and then one day,
it could provide a much needed return on your investment. If you wait until after the house is on fire, you won’t collect a nickel.
Here’s what she said next:
“That’s just like insurance companies and it’s unfair!”
I tell this story in the wake of my last couple of Tips that focused on providers wanting to grow revenues.
Our third party payer system has its flaws, but in general, insurers have the knowledge, will and yes, even compassion, to keep a lid on costs.
Popular sentiment however is to fire them all.
