In some situations, you may be entitled to reimbursement from your pet insurance carrier for veterinary expenses that you have paid out-of-pocket.
However, the process varies depending on a number of factors, beginning with what is outlined in your plan. In general, pet insurance reimbursement involves a certain percentage of your paid bill being refunded to you, ranging in the amount of 60% or even potentially 100% (the entire bill amount). But it all depends on what your plan allows.
How does pet health insurance reimbursement work?
In order to receive a reimbursement from your pet health insurance carrier, you will need to submit a claim. This claim will consist of the itemized bill you received from your pet’s veterinary clinic or animal hospital.
Do you have to pay upfront if you have pet insurance?
It depends on your policy. The higher your premium, the more likely you will either 1. Not be required to pay out-of-pocket fees or 2. Your reimbursement percentage will be higher (potentially even as high as 100% of the bill’s total).
When selecting your plan, you will be able to choose your reimbursement percentage and your deductible value. This is why it is crucial to truly take into account all the factors at play when selecting which pet health insurance policy will work best for you and your pet.