Despite growth in enrollment, fewer than 5% of US dogs and cats are insured, while rising veterinary costs are increasingly affecting treatment decisions and access to recommended care.
|Articles|October 9, 2008
AVMA wants pet insurance to be pre-tax contribution option
Schaumberg, Ill. -- The American Veterinary Association wants pet insurance to be another option on the menu of pre-tax eligible contribution programs offered by employers.
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Schaumberg, Ill.
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-- The American Veterinary Association (AVMA) wants pet insurance to be another option on the menu of existing pre-tax eligible contribution programs offered by employers.
The AVMA asks Congress to pass legislation amending the Internal Revenue Service Code to include pet health insurance as a pre-tax option, explaining it would be a financial benefit for employees, considering that more than half of U.S. households include a pet.
Congress isn't likely to consider the issue until next year. The AVMA does not endorse any specific insurance carrier.
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