Business
Trupanion Pays Out One Billion Dollars in Veterinary Invoices
Celebrates 20 years of helping members budget for their pet’s veterinary care SEATTLE, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Trupanion, a leader in medical
About this update from Trupanion, Inc.
[{"type":"text","content":"Celebrates 20 years of helping members budget for their pet’s veterinary care\nSEATTLE, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Trupanion, a leader in medical insurance for cats and dogs, announced today that it has paid out $1 billion in veterinarian invoices. The $1 billion milestone represents 20 years of helping pet owners budget for veterinary care if and when their pet becomes sick or injured.\n\n \n \n \n \n \n \n \n \n \n \n \n Trupanion helps pet owners budget for veterinary care if and when their pet becomes sick or injured. Paddington Bear is happy at home with his family after TPLO surgery.\n \n \n \n \n \n \n \n \n\n The $1 billion threshold was crossed with an invoice paid in support of Paddington Bear, a 6 year-old golden retriever from Vancouver Island, B.C. for a Tibial-Plateau-Leveling Osteotomy (TPLO) surgery. Trupanion paid out $3,982 for the surgery, directly to the veterinary hospital. “Paying out over $1 billion in veterinary invoices on behalf of our members and their beloved pets is a tremendous accomplishment, and the one that I am very proud of,” said Darryl Rawlings, founder and chief executive officer of Trupanion. “I’m particularly pleased that this was from an invoice we paid directly to the veterinarian through our patented, proprietary software.” Trupanion is the only provider that can pay the veterinary invoice at the time of check-out – with over a third of invoices now paid this way. It’s never known when an injury or illness will strike, or how mild or severe it will be, making it very difficult for responsible, loving pet owners to budget and care for their pets. “The largest single claims payout for a member’s pet was $81,000 for the treatment of aspiration pneumonia,” added Rawlings. “Pet owners don’t always have insight into how extensive care can be for their pet. I’m proud that with Trupanion, we can remove the decision about care and help pet owners to give their dog or cat what they need, when they need it.” Bigger than a billion The $1 billion in invoices milestone has far-reaching impact for Trupanion members and veterinary professionals. Over the past 20 years, more than 1.3 million Trupanion pets have benefited from the best veterinary care, visiting veterinary hospitals over 3 million times. More than $175 million in claims have been paid directly to veterinary hospitals with Trupanion...