Owning a pet provides a great deal of social and health benefits. However, having one requires greater responsibilities as pets need proper care, which includes routine care, and vaccinations. Being a pet parent can be expensive, especially if pets need to undergo surgery or special medications. It shows that pet health plans become an important benefit that the modern day workforce desires.
With the recent increase of pet owners in the US, the choice of pet insurance options has increased as well. However, the high cost of their insurance policies may scare some clients, and this may lead pet parents neglecting such benefits. Dr. Allan Kamrava, a board-certified surgeon who deals with the pitfalls of health insurance, is completely aware of the predicaments of pet owners. As such, he founded Eusoh, an innovative alternative to pet insurance which is a community-based subscription service that does not wage on risk.
Today, Eusoh is a better option in contrast to traditional pet insurance benefits providers are currently offering to clients. It is without a doubt that these clients (HR departments, benefits specialists) would be willing to buy Eusoh’s health plan as it has various benefits it can provide to their company as well as their employees. For not more than $65 monthly fee, members benefit from comprehensive coverage which includes accident, illness, and wellness coverage. What’s more is that Eusoh has not partnered with veterinary clinics; Thus, members are free to choose the veterinarian they are most comfortable with.
Eusoh is an innovative alternative to pet insurance.
As employee demand for pet benefits grows, not only individuals buy a health plan from Eusoh. Big companies recognize the importance of pet insurance to employees; they understand that employees prefer benefits over a salary increase as these competitive perks offer them security in the long run. As they are fully aware that though 68% of Americans have pets, only 2% have financial coverage for their pet, they offer pet insurance with the purpose of recruiting, attracting, and retaining quality employees. These companies, however, focus on cost-reduction; hence, it is only natural that they find the best insurance policy with the lowest premium. This is where Eusoh comes into play.
Eusoh is a unique and innovative alternative to pet insurance. It does not hold premiums nor store the money in a premium pool, and while insurance companies need to increase premiums and healthcare costs to gain higher revenue, Eusoh benefits the other way around for the reason that the company earns profit from member dues, not from premiums. Another advantage of the platform is its transparency. They ensure that members are well-informed whether they will receive reimbursements for a certain procedure before it is carried out. Not only that, Eusoh quotes the amount that they should receive. This process helps members to make final decisions.
On the Eusoh’s platform, members are able to save over 50 percent. Last year, Eusoh members saved 60% over pet insurance. Through the power of technology and peer-to-peer sharing, this new approach has been made possible, which definitely attracts Millennials and the younger generation to come as pet insurance is desired among employees, especially the aforementioned Millennials. Companies such as CBIZ, Ease, Coach-Net, Jacoby & Meyers, and shelters like Wags & Walks have decided to partner with Eusoh.
It is worth noting, however, that the huge amount of savings members get is not the only reason they do business with Eusoh. Derek Rey, CEO of Demand Inc. commended the excellent customer service that Eusoh provides during the onboarding process. He said, “It was fast, easy, and fun. Our team has only great feedback to share regarding the experience with Eusoh.” It can be said with confidence that being with Eusoh means hitting two birds in one stone; clients are able to save a huge amount of money while having the best customer service for their pets.
With all the above-mentioned benefits, there is no doubt that companies who team up with Eusoh will have a positive health company culture - by providing peace of mind to employees. It should be pointed out that there is a high chance for American employees who are also pet owners to be worried if their pets acquire an illness, especially if the case is severe where treatment or surgery, which can be very expensive, is necessary. These employees who consider their pets as part of the family may unconsciously bring their problems to the office. As a result, the quality of their work output might be significantly affected, but with Eusoh, this problem can be prevented. Eusoh membership leads to the staff coming to work happy with the knowledge that they need not worry about veterinary bills piling up in case of emergency.
Considering that Eusoh is an affordable pet health plan for employees, employers may have the option to offer the plan as a low-cost benefit as there is a program where employees may get a corporate negotiated discount. On the other hand, companies, depending on their budget may offer it as a no cost-benefit.
On a final note -- For Benefits Providers, Eusoh has no minimum enrollment requirements, offers a yearlong open enrollment period, and can be easily implemented. Given that pet insurance is the hottest new benefit for employees, it is best to offer Eusoh’s pet health plan to clients or companies, especially those of the younger set, who see pets more as children and are willing to set aside funds for their health.