Citizens of the United States are known for living in luxury — but the truth is that most of us cannot afford a single unexpected $400 expense. And the coronavirus pandemic has wiped out that cash for most of us. A pet that needs surgery can result in a steep bill in the thousands. The vast majority of us would need to decide between keeping our pet alive and healthy at great expense — or letting our pet go earlier than we ever wanted.
Thankfully, there are financial options available to those who need them. You just need to know where to look.
First and foremost, lowering medical costs means taking advantage of several elements. You need to ensure your pet has a routine checkup just like you do! Good preventative care can lower big costs later. Not only that, they help keep veterinary clinics open until you really need them. Preventative care means vaccinations, parasitic control, and managing weight — because even pets can sometimes be obese.
If you were already hit by the bill after veterinary care, then a credit card debt relief lawyer might be able to provide you with additional options. You can also check in with a financial advisor to help manage your expenditures and reduce bills at home as much as possible. Refinancing your debt with the bank or transferring to a card with a lower interest rate is possible as well.
For those who are simply worried about what they might do if their pet gets sick and needs major surgery, there are many low-cost clinics around the country. Not all of these clinics offer the highest standard of care, but they can often provide preventative care. Talking to your veterinarian about financial issues is the safest way to go about it, because they can often provide payment plans to significantly reduce the burden.
Some states have a veterinary medical association to offer assistance or provide contact information to other helpful organizations, most of which will help mitigate your costs if you have a real financial need. A few you might look at include: Red Rover Relief, Cat Emergency Assistance, The Pet Fund, Banfield Charitable Trust, and Elderly, Disabled, Handicapped Pets.
What about those who are looking for debt relief because they’re studying veterinary care? They need help too.
Senior Vice President and Chief Medical Officer Dr. Daniel Aja of the Banfield Pet Hospital said, “High levels of veterinary student debt are plaguing the industry, and Banfield is committed to helping veterinarians address this significant burden. As we continue to dedicate ourselves to continuous improvement as a practice, we’re investing in the new Banfield Veterinary Student Debt Relief Pilot Program to support our doctors first and foremost — but also set the bar for the veterinary profession to help address this industry-wide issue.”
The Banfield program provides low-interest refinancing solutions with a low interest rate, a monthly student-loan contribution, and a $2,500 payment to qualifying student doctors.