Voluntary benefits are moving beyond offering protection for employees and their families. They are now including protection for employees’ pets. While only 1 percent of domestic pets are currently covered by insurance, the increasing costs of veterinarian visits and increase in home ownership will continue to drive this trend.


Sources:

North American Pet Health Insurance Association. (2015). NAPHIA State of the Industry Report 2015. Retrieved from https://www.naphia.org/industry/research-and-reports/

Cook, Dan. (2015, April 24). Big growth expected for pet insurance. BenefitsPro. Retrieved from http://www.benefitspro.com/2015/04/24/big-growth-expected-for-pet-insurance

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