Healthy Paws vs. Petplan Pet Insurance Compared
29 June, 2018
healthy paws v pet plan

When enrolling in a pet insurance policy, there are many companies to choose from and it can be hard to know where to begin.  As with anything new policy, home, auto or pet, it’s always best to compare what each policy has to offer.  Healthy Paws and Petplan are a great place to start as they are both top insurance providers with excellent coverage.

healthy-paws pet insurance

Healthy Paws Overview:

Healthy Paws is our top rated insurance policy as it has no limit to how much its plan will pay out each year, and a 15-day waiting period for injury and illness coverage.   It offers comprehensive illness and accident coverage which is our favorite and unlimited benefits with no caps on the claims. And all of this is included in their standard plan!  Healthy Paws has an excellent customer satisfaction rating (an A +) and the highest rated and most reviews.

petplan pet insurance

Petplan Overview:

Petplan is recognized as a top-rated pet insurance company among vets, respected breeders, and customers. Petplan’s comprehensive coverage is one of the few providers that includes the veterinary exam fee (non-routine).  Their customer service is available 24/7.  They offer a lot of flexibility in their packages so you can customize it to fit your specific needs.  If you have an older dog or cat, they are one of the few policies that does not have an upper age limit!  Petplan is rated A+ by the BBB.

Healthy Paws coverage includes all of the following:

Medical Conditions Covered:                                                                                

Accidental, Illness, Hereditary, Congenital, Cancer, Chronic, Accidental Dental

Medical Treatments Covered:

Diagnostic Testing, Surgery, Hospitalization, Prescription Medications, Emergency Care, Specialty Care, Alternative Care

Healthy Paws also covers treatments for hip dysplasia for pets under age six if it is not a pre-existing condition.

Petplan’s coverage includes all of the following:

Medical Conditions Covered:                                                                                

Accidental, Illness, Hereditary, Congenital, Cancer, Chronic, Accidental Dental

Medical Treatments Covered:

Diagnostic Testing, Surgery, Hospitalization, Prescription Medications, Emergency Care, Specialty Care, Alternative Care, Dental Illness

Healthy Paws Coverage Details:

Healthy Paws covers cats and dogs with one of the most comprehensive coverage policies available in the industry without any limits or caps on coverage.  Their policies cover all accidents and illnesses, and there are no restrictions for hereditary or congenital conditions, including cancer. The policy also covers emergency care, hospital stays, and surgeries. All of their plans cover up to 90 % of your veterinary bill and is based on actual costs.

We really like the fact that Healthy Paws has no limit to how much they will pay out each year, and it typically has a 15-day waiting period for injury and illness coverage.   This can really help if your dog or cat has an emergency situation and the hospital bill is much bigger than you anticipated.  You can be assured that even if another emergency occurred (it does happen), you will still be covered because their pay out plan is for your pets lifetime and unlimited!

With Healthy Paws, you can go to any licensed veterinarian that you choose. This includes specialists and emergency animal hospitals.  With Healthy Paws, you will have continuous, seamless coverage for the life of the policy.

Petplan Coverage Details:

Petplan offers extremely comprehensive coverage as well and is among the top in the industry. They handle all accidents and new illnesses without restrictions for hereditary or congenital conditions, as well as medications, advanced testing, hospital stays, rehabilitative care, and holistic therapies. Also, all non-routine veterinary exam fees are covered in all plans, including emergency hospitals and specialists making it unique compared to other providers.

Petplan has an advantage over Healthy Paws as it has a more comprehensive coverage of dental injury and treatment of periodontal disease.   There is full coverage for dental diseases and injuries which are included as standard in the policy you choose.

Petplan is great for older pets as they insure pets of any age, with no policy exclusions for hereditary and chronic conditions.  They are one of the few providers that will cover hip dysplasia in all of their policies.  Healthy Paws is excellent but does not cover hip-dysplasia until after 12 months.

Petplan also covers curable pre-existing conditions after the 365 day exclusionary period following the beginning of the policy. The company also covers most bilateral conditions when one side is considered to be pre-existing.

Benefit Limits

Healthy Paws is one of the few insurers that offer policies with no limits or caps, including annual, lifetime, or per incident caps.  While other pet insurance policies offer unlimited benefits, it typically is with their most expensive plans. With Healthy Paws, the unlimited benefit option is included in their standard plan which is an excellent option.

As with other pet insurance policies, as long as the condition your dog or cat is being treated for is not a pre-existing condition, they will pay your entire bill (or 80 – 90 % of it).  That really gives you peace of mind when a serious pet injury can cost as much as $15,000 or more.

Petplan, however, doesn’t offer across the board unlimited coverage, it does offer the flexibility in allowing you to choose your annual benefit limit which helps lower the costs.

Petplan’s annual limits can be set at $2,500, $5,000, $10,000, $15,000, $20,000, and $25,000 or unlimited.  Where Petplan really stands out is that there are no per condition limits or lifetime caps, which guarantees your dog or cat will be covered for the duration of an illness or injury, including chronic conditions like diabetes or cancer.

Deductibles

Healthy Paws offers an annual deductible which you pay once per year.  You can choose the level of deductible, which can help you control your premium costs.  The higher the deductible, the lower the premium.

Healthy Paws allows you to choose the deductible that works the best of you and your needs.  Deductibles can be set at $100, $250, and $500 (the highest).   Therefore, if you choose the $100 deductible you’ll get a higher payout per incident, but you are going to be paying a higher monthly premium as well.

Petplan is unique in that it offers one of the most customizable deductible policy options in the market. It lets you choose whether to apply the deductible annually or per condition. You can also choose your deductible, starting from as low as $100 up to $2,500. The deductible can be increased in $50 increments.

If you decide to choose the per-condition plan, this means that if your pet has two veterinary visits for the same condition within the policy year, you will pay the deductible for your policy only once for this condition even if you file three claims for the same condition. This can be helpful for a dog or cat that has cancer or a serious injury or illness and would make Petplan more appealing.

Petplan similarly works on an annual deductible.  If you choose the higher deductible, you will have a lower monthly premium.

Reimbursement

With Healthy Paws, you can choose a reimbursement level of 70%, 80%, or 90% and they reimburse you based on the actual veterinary bill after you have met your deductible (and your co-pay).  As with deductibles, the higher the monthly premium, the more you will get reimbursed for that claim.

Petplan similarly works on a percentage basis and will pay the portion of your actual veterinarian bill after you have met your deductible. The percentages available are 70%, 80%, and 90%.  The higher the reimbursement level, the higher the premium.

With both Petplan and Healthy Paws, you are reimbursed on the actual veterinary bill which is always the preferred choice.

Pricing

We all know how pricing is important in whatever plan you choose to enroll in.

Healthy Paws plans are reasonably priced plans when you take into account that they have not no limits of any kind and offer a customized payout percentage and deductible model.

There are 10% lifetime discounts offered for the following: Animal Welfare Volunteers, Association or Alumni Organizations, membership groups such as AAA, AARP, and Costco, and Military service. They offer a 15 % lifetime discount for employer sponsored plans.

The average starting premium for dogs is $32.80 and for cats is $17.19.

Petplan offers competitive pricing that is in line with comparable plans. Petplan also offers discounts if you registration online, as well military personnel or medical service pets.

The average starting premium for dogs is $29.16 and for cats $18.19.

Enrollment and Waiting Periods

Healthy Paws starting age for pets is eight weeks and older.  They do have an upper age of coverage which is 13 years old.  Healthy paws has a 15 day waiting period for accidents and illnesses. The waiting period for hip dysplasia is 12 months.

Petplan allows enrollment for dogs and cats as young as six weeks.  What’s really great about Petplan is that it doesn’t not have an upper age limit so older dogs and cats get covered as well.

Accident coverage begins 5 days after enrollment, but there is a 15 day waiting period for illnesses. Medical records are not required for enrollment.

Claims and Service

Healthy Paws is known for reimbursing its claims fast and with as little fuss as possible compared to other pet insurance companies. Their customer support is efficient and courteous and available 7 days a week (but not after hours). Claims are generally processed within a few days.

Petplan is one of the only pet insurance companies to specifically state a claims payout timeframe of 30 days.  It can be faster, from 5 to 14 days, if your claim is accepted right away, but 30 days is the longest it would take.

Both Healthy Paws and Petplan have excellent plans which is why they are in our top 7 Best Insurance Providers.  Give them both a call to see which plan suits your pet’s and your budget best.

 

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