Different from pet insurance, pet wellness plans pay employees back for the everyday care expenses that help pets stay healthy for a lifetime. But that’s only part of why leading companies and HR teams are bringing pet wellness benefits to the workplace.
The Best Pet Benefits For Your People
Today, there are limitless possibilities for customizing the right benefits package for your team. Much more than perks, employee total rewards now include everything from financial and family planning benefits, resources for mindfulness and personal well-being, and of course, pet insurance and pet wellness plans. So, if you’re looking for the best pet benefits for your people, consider in no particular order the top five reasons why more HR leaders are choosing pet wellness plans over insurance for a truly rewarding employee benefit.
Pets Are Family
Recent studies confirm what the vast majority of us already know: 95% of pet parents globally think of their pets like family (1), and; 84% in the U.S. treat their pets as they would their own children (2). What this means is that many pet parents, your employees included, are likely to spend the money to provide proper wellness care and routine veterinary visits, and maybe a little extra pampering every now and then to show the love. These services generally aren’t covered by traditional pet insurance but are included in wellness plans like the workplace benefit offered by Wagmo.
With more and more workplaces adopting remote-hybrid and remote-first policies, pets are taking on a bigger role with employee work life and everyday well-being. Pets provide companionship, reducing feelings of loneliness and encouraging healthy and social activities like going out for walks or sharing pet photos and videos with others. In so many ways, pet wellness is essential for overall employee wellness and well-being. Especially for those remote workers who might live alone or may miss the daily social interaction of the office, pets can be such a meaningful part of your employees lives.
Proactive Pet Wellness
Different from other providers, Wagmo Wellness plans offer a pet care blueprint with resources that encourage proactive wellness. This can help pet parents and veterinarians identify chronic disease sooner to improve pet health and lower the overall expense of pet parenting over time. How, you ask? Consider that treating infection with canine parvovirus can cost a pet parent nearly 24 times more than preventing it with a common vaccine (3).
Rising Cost Of Pet Care
Everything is going up, but the cost of pet care and expectations of pet parents today have made pet expenses unmanageable for so many. In fact, 47% of pet parents report carrying some pet-related debt (4), which is another reason why proactive pet wellness is so important. And, unlike pet insurance which is great when you need it for emergency care, pet wellness plans provide an immediate financial benefit employees can use right away.
Employees Get It
There are more than 90 million U.S. households that count at least one pet among the family, more than 70% of all American households (5). That means you can also be sure there are many pet parents and animal lovers among your team who would appreciate a benefit that helps them save on everyday care expenses while keeping their pets healthy for a lifetime.
Of course, finding a pet wellness plan that meets the high expectations of you and your employees is easier said than done. Unless you’ve got the Wagmo Wellness plan. Our employee pet wellness plan is available in all 50 states and can be used with any vet or service provider. There are no requirements for only “in-network” veterinary hospitals or providers, and no insurance-type restrictions for age, breed or preexisting conditions. So, every dog- and cat-loving employee can enroll in a Wagmo Wellness plan.
Employees can also activate Wagmo Wellness plans in about two minutes. There’s no waiting period, and claims are reimbursed in 24 hours or less with Venmo, PayPal or bank transfer. Getting started is fast and easy for HR managers and benefits administrators, too, with zero integrations or additional technology requirements.
Join other industry and workplace culture leaders who trust our turnkey pet wellness solution to give their employees an immediate, valuable benefit with savings and peace of mind. Get in touch at firstname.lastname@example.org or contact us today.
- HABRI International Survey of Pet Owners & Veterinarians, January 2022
- LendingTree Pet Survey 2021
- Banfield Pet Hospital data website accessed 01/21/22; https://www.banfield.com/about-banfield/newsroom/press-releases/2021/new-data-from-banfield-pet-hospital-reinforces-the-power-of-preventive-veterinary-care
- LendingTree Pet Survey 2020
- APPA National Pet Owners Survey, 2021-2022