Pet Economics 101 Why I buy into pet health insurance…but don’t actually buy it

Like many veterinarians with a bugaboo about access-to-care issues for pets of all stripes, I really like the idea of pet health insurance. Though the veterinary industry at large is still suspicious of what insurance for veterinary expenses might mean for the future of veterinary medicine...

January 5th, 2009 24 Comments

Pet Economics 101 Vaccine cost and veterinary profits: The price of protection

“A rabies shot costs $30? I bet you buy that vaccine from the manufacturer for $3. So you want to charge me a 1000% markup. Seriously?”

This outburst was brought to you by one smart-cookie client from last week. She’d worked for a veterinarian in the past so she’d always received her vaccines...

December 29th, 2008 33 Comments

Pet Economics 101 Price differences in veterinary care (WTF!?)

Last week our hospital received a terse letter from a client complaining about her $600 dentistry bill. “Outrageous,” she wrote. The owner had left in a rush without picking up her estimate, waving it off with an “I’m sure anything you need to be done will be fine with me. I trust you.”

So much...

December 17th, 2008 26 Comments

Pet Economics 101 Six reasons why this vet won’t ever offer multiple pet discounts

I may never get some of you to agree with me on this but there you have it. I don’t now and won’t ever offer discounts to my clients for either owning many pets or bringing in more than one pet at a time.

I know that many of you rely on your veterinarians’ multiple pet discounts by way of...

December 3rd, 2008 66 Comments

Pet Economics 101 Pet pharmacy smarts: Ten ways to save BIG on your pet’s Rx bill

A vet can learn a lot from her clients. All she has to do is ask the right questions. In this case it’s about saving money—this time on your pharmacy bill. In this post my clients pony up on how they save big $ on their Rx’s. So if you spend any money on pet prescriptions you’ll definitely want...

November 21st, 2008 27 Comments

Pet Economics 101 How vets get paid (and how it affects pet owners and patient care)

Would you prefer a vet who gets paid as a percentage of what she charges you?...or one that works on a salary?

Some of you might assume the one on a straight-up salary might be easiest on your wallet: After all, she’d have no incentive to run up your bill. And you might be right. A vet on salary...

November 7th, 2008 20 Comments

Pet Economics 101 The high price of feeding our pets (and why some vets are between a rock and a hard place)

In case you hadn’t noticed, the price on that bag of pet food Fluffy eats is much higher than it was ten years ago. In fact, the consumer price index of pet foods is up by 23% over a decade ago.

And 10% of that? It’s hit us over the past year.

Rising fuel costs, grain costs, inflation and the...

November 6th, 2008 31 Comments

Pet Economics 101 Is veterinary medicine recession-proof? How do you vote?

I’ve heard tell that the only items that are recession-proof are lipstick and porn. While I wouldn’t know about the latter, the first is one I’ll fess up to. I can always dig up $7 for a new lip gloss when I need a “can’t-afford-nuthin’-else” pick-me-up.

The same, however, can’t be said for...

October 29th, 2008 23 Comments

Pet Economics 101 The cost of veterinary care (and why Dolittler dwells on the dollars)

This is an interesting topic raised by a recent commenter who expressed some annoyance at my preoccupation with issues surrounding the money side of vet medicine. It’s not a charge that hasn’t been leveled against me before—nor have previous comments always been as diplomatic as this last one....

October 16th, 2008 23 Comments

Pet Economics 101 Ten tips for big savings at the vet hospital (Part 2: For the experienced veterinary client)

To celebrate this week's bailout fiasco I'm offering these additional points on how to save money on your vet care. Unlike Part 1 of this post (referenced below) this one addresses the needs of slightly more sophisticated owners. Enjoy!

I know some are persnickety points some vets will roll their...

October 3rd, 2008 26 Comments