Why Pet Healthcare Benefits are a Strategic Advantage
Why Pet Healthcare Benefits are a Strategic Advantage
This playbook lays out a strategic approach to offering pet healthcare benefits that are right for your organization – and your employees.
What you'll learn:
The limitations of traditional pet insurance
The impact pet health issues have on employees
How comprehensive pet healthcare benefits improve employee recruitment and retention
Pet care is now a workforce issue
Pet ownership is on the rise, up nearly 15% since 2023. Owners don’t simply view their animals as pets; 98% consider them to be family members — and that makes pet insurance an increasingly valuable part of an organization’s voluntary benefits package.
94M
U.S. households have at least one pet
46%
of pet owners can’t afford a surprise vet bill under $1,000 without debt
Why traditional pet insurance often doesn’t get used
Employees expect it to work like medical insurance, but it’s often limited to illness/accidents
Sticker shock (e.g., $50–$60/month)
Sign-up friction when employees have to link out to another system
“Pet insurance is one piece of the puzzle, but it’s not the full story…”
— Christie Horvath