If your beloved pet becomes sick, you will face a huge medical bill that puts a burden on your finances. In 2016, pet owners in the United States spent almost $16 billion on veterinary treatment, according to the American Pet Products Association.
Regular examinations and preventative treatment are part of veterinary care, but it also involves emergency vet bills. Dog owners should expect to pay up to $2,000 – or more – for emergency veterinarian care, according to the pet adoption website Petfinder.
Veterinary facilities and members of the veterinary profession strive to deliver high-quality services at a reasonable price. Veterinary medicine is becoming more costly as technology progresses, particularly for pet emergencies and specialty care. This is a reality that EUSOH are not oblivious to.
Pet owners prioritize veterinary care for their four-legged family members, but there are periods when medication or surgery costs are prohibitive due to financial constraints. With ten forms that sure pet owners have been able to afford their pet’s medical treatment, we aim to help close the gap. Every pet owner should be able to provide the care that their animal requires.
Veterinary Care When You Can’t Afford It
Many Americans have too many bills to deal with. Some pet owners are forced to cut corners or postpone care when their pet becomes ill or wounded. We despise it when a pet parent is required to make such a tough choice.
The good news is that various cost-effective and imaginative ways to save money while providing excellent care for your pet. If that isn’t enough, here’s a list of other ways a cash-strapped pet owner can raise money for more expensive veterinary bills.
- Select a community based pet sharing company like EUSOH (which is better than insurance) where the pet community help pay for your vet bill at a really low cost. If the operation or therapy is already underway, this won’t assist, but pet coverage from EUSOH can cover the expense of emergencies or other costly medical treatments.
- Create a credit line. Select any online credit company covering health and beauty costs, such as veterinary medical bills and pet emergencies. Scratchpay also has higher acceptance rates and provides payment plans for pet treatment.
- Inquire about payment options. Depending on the procedure, some vets, particularly independent or small hospitals with whom you have a long-standing relationship, will entertain payments. Clinics may find it difficult to accommodate this in most situations, but it never hurts to inquire. Many clinics provide inexpensive annual health plans and allow you to pay for primary care needs, including vaccines and checkups every month.
- Think about crowdsourcing. Many people are using social media and sites like Go Fund Me to raise funds to assist with veterinarian costs, upcoming operations, and other required treatments, thanks to the success of social media and sites like Go Fund Me. Many friends and family members will rush to help a loved one, and some will even offer to help your pet. A novel crowdfunding platform has arisen specifically to assist pet parents in paying for their veterinarian bills and avoiding economic euthanasia.
- Hold a community yard sale. Community yard sales are a great way to get rid of clutter while still raising money. Request clothes, furniture, and other things from neighbors to sell, with the proceeds going to your pet’s veterinary care.
- Take advantage of free or low-cost clinics. Although it may not always be the best option, there are several low-cost clinics, like your local humane society, that will do spay/neuter surgery as well as provide primary care at a reduced cost.
- Consult your friends or relatives. It’s often necessary to seek financial assistance from friends, family, church members, or other charitable individuals. It’s a complex request, but most people are willing to assist when it comes to your pet partner.
- Open a savings account for your cat if you have the means, set aside a portion of your monthly budget for a pet emergency. Given that almost every pet has a crisis at some point in their lives, preparing for a rainy day can mean the difference between not getting your pet the support they need and being able to provide it.
- Take a look at nonprofits. Some great nonprofits and foundations can offer medical support for pets with critical needs that you will find online. Some focus on the entire country, while others concentrate on a single state. The Face Foundation, Angels for Animals, Help a Pet, and Pet Fund are just a couple of them. Many more can be found on the internet.
- TEAR Grants are the next option. The Emergency Animal Relief Foundation (TEAR),
Easy ways to pay your veterinary cost
However, if you decide to go ahead and bear the cost, there are four choices to explore that may assist you in paying the price.
- Agree on a payment schedule.
You and your veterinarian might be able to work out an installment payment plan. This usually entails making recurring contributions before the debt is fully paid off.
There isn’t a standard repayment cycle. Consumers’ terms with their veterinarians can vary greatly. For a limited time, certain practices offer interest-free payments. Others may require clients to seek outside funding.
According to Tyson, many people are afraid of negotiating, but you’ll never know how ready their veterinarian is to work with you until you ask.
While some vets may be skeptical of installment plans because there is no assurance that they will be entirely repaid, others may be more comfortable with them.
- Seek assistance from animal rights organizations or charities.
According to the Humane Society of the United States, some animal shelters offer veterinary loans and grants, and several veterinary schools conduct low-cost clinics.
In addition, some cities have nonprofit veterinary clinics that provide treatment at a reduced cost, such as the Harley’s Hope Foundation in Colorado Springs, Colorado, which provides low-income families with financial aid for veterinary care.
- Charge the bill to your credit card
When people don’t have enough money to pay their bills right away, they turn to credit cards. However, unlike an installment agreement, a credit card does typically not have a set term, he explains. The longer you hesitate to return what you owe, the more interest you’ll have to pay.
If you must use a credit card, you must set a repayment deadline for yourself and try your best to meet it. Using credit cards to pay hefty payments can boost your credit utilization (how much of your available credit you use at any given time). A high credit utilization ratio might hurt your credit score.
It’s a good idea to maintain your credit utilization below 30%. Divide the total of your credit card balances by the sum of your credit card limitations to get this percentage.
- Think about taking out a personal loan
A personal loan is another choice for repayment. Personal loans usually have fixed interest rates which must be repaid in monthly installments for a specified period of time.
You might be able to get accredited for a personal loan with a lower interest rate than your credit cards, depending on your credit history.
However, it would help if you kept an eye out for any fees, such as origination fees and prepayment penalties, which are fees charged for paying off a loan early.
Even if your pet’s long-term outlook is poor, it might be tough to decide against veterinary treatment, but it’s critical to consider if the therapy would improve your pet’s quality of life.
If you plan to spend your vet bill with a credit card or a personal loan, make sure you understand the debt repayment terms as well as any possible credit effect.
Finally, if you decide to pursue treatment beyond your financial means, ask your veterinarian if area veterinary schools or animal welfare organizations can provide subsidized care or financial assistance.
The sad fact is that even with the best of treatment, a pet will experience a veterinary emergency or an unforeseen urgent need. It can be done if you use your imagination and enlist the support of caring people. We’ve seen and read about how fundraising-for-a-good-cause approaches have succeeded even in situations where care is ongoing, such as pet cancer.