Dog and cat owners can now choose pet
insurance through PetMeds® Insurance Services, making it easier and
more cost-effective to plan for accidents & illnesses and avoid
unexpected vet bills.
DELRAY
BEACH, Fla., Oct. 12,
2023 /PRNewswire/ -- PetMed Express, Inc. (PetMeds®,
NASDAQ: PETS), Your Trusted Pet Health Expert™, announced today
that its more than 2 million active customers now have direct
access to extensive pet insurance plans, as well as optional
preventative care coverage for an additional cost, powered by
Pumpkin Insurance Services Inc. ("Pumpkin").
"Our mission has always been to make pet
care easier and more affordable," said Matt
Hulett, CEO of PetMeds.
According to a 2023 MarketWatch survey, nearly 33% of pet owners
without insurance report that they've avoided taking their pet to
the vet because they were unable to afford an expensive bill.
(Zagame, Kristina. "2023 Pet Insurance Survey: Fearing Costs, 30%
of Pet Owners Have Avoided the Vet." Marketwatch.com, 11 September 2023,
https://www.marketwatch.com/guides/insurance-services/pet-insurance-survey/)
Through Pumpkin's extensive and affordable pet insurance plans,
PetMeds customers can now access reliable accident & illness
coverage with just a few clicks at PetMeds.com. This seamless
integration means that existing PetMeds customers will have their
pet's history, veterinarian information, and other critical data
instantly connected to their insurance research and quote.
"Our mission has always been to make pet care easier and more
affordable," said Matt Hulett, CEO
of PetMeds. "This partnership takes us closer to that goal by
offering our customers reliable, convenient, and customized
insurance options for their entire pet wellness and care journey,
ultimately empowering them to take greater control over their pets'
health."
By enrolling in a Pumpkin Pet Insurance plan, customers can
receive reimbursement for 90% of all eligible vet bills. Pet
parents also have the option to include Preventive Essentials,
Pumpkin's unique wellness package designed with veterinarians.
While not insurance, it's an optional benefit they can add to their
Pumpkin insurance plan to get refunds for early diagnostics and
crucial preventative care for their dogs and cats. Pumpkin Pet
Insurance plans and Preventive Essentials wellness packages can be
used at any veterinarian in the US or Canada.
"We're excited to team up with PetMeds to promote healthier,
happier lives for pets, pet parents, and veterinarians," said
Alex Douzet, CEO of Pumpkin. "We
look forward to helping PetMeds' customers provide better care for
their pets by taking cost out of the equation, ensuring a brighter
future for their four-legged family members."
With its legacy in pet pharmaceuticals solidified, PetMeds has
begun to establish itself more prominently in the pet health and
wellness space. In addition to now having access to integrated pet
insurance, pet parents can schedule a same-day televet appointment
through PetMeds' VetLive pet telemedicine service while they
shop for competitively priced medications and premium pet foods on
PetMeds.com.
Pet parents can access instant pet insurance quotes, powered by
Pumpkin, at petmeds.com/petmeds-insurance-services
ABOUT PETMEDS
Founded in 1996, PetMeds® (petmeds.com),
Your Trusted Pet Health Expert™, provides fast, convenient, and
helpful service to over 10 million pet parents nationwide. PetMeds
makes pet care easier and more affordable by offering premium pet
food and treats, prescriptions, and over-the-counter medications,
as well as everyday pet products, online at PetMeds.com and via
phone at 1-800-PetMeds. PetMeds customers can address their
comprehensive pet healthcare needs at PetMeds.com with access to
Pumpkin® pet insurance and same-day VetLive® telehealth
appointments. Insurance policies are marketed by PetMeds Insurance
Services, LLC (NPN #20790781). PetCareRx® (petcarerx.com) is a
wholly owned subsidiary of PetMeds.
ABOUT PUMPKIN
Pumpkin Insurance Services Inc.
("Pumpkin") is an innovative and fast-growing provider of pet
insurance plans and preventive care packages founded to help pets
live their longest and healthiest lives. Pumpkin Pet Insurance
plans offer dog and cat owners advanced veterinary care coverage
for accidents and illnesses. Plus, Pumpkin offers a Preventive
Essentials wellness package that pet owners can add to their
insurance plan to get refunds for routine care veterinarians
recommend, such as crucial vaccines, an annual wellness exam, and
early diagnostic screenings. It's not insurance, but an optional
add-on benefit that can help pet owners make more proactive,
data-informed care decisions based on their pet's unique health
needs. Additional information may be found by visiting
pumpkin.care.
Pet Insurance policies do not cover pre-existing conditions.
Waiting periods, annual deductible, co-insurance, benefit limits
and exclusions may apply. For full terms, see a sample policy.
Products, discounts, and rates may vary and are subject to change.
Pet insurance is underwritten by United
States Fire Insurance Company (NAIC #21113; Morristown, NJ), produced by PetMeds Insurance
Services, LLC (NPN #20790781; Domiciled in Florida with offices at 420 S. Congress
Avenue, Delray Beach, FL 33445; CA
License # 6011477) and Pumpkin Insurance Services Inc. ("Pumpkin")
(NPN #19084749; Domiciled in New
York with offices at 432 Park Avenue South, Floor 12,
New York, NY 10016; CA License
#6001617), and administered by Pumpkin. PetMeds Insurance Services,
LLC and Pumpkin receive compensation based on the premiums for the
insurance policies sold.
Pumpkin Preventive Essentials is not an insurance policy and not
available in all states. It is offered as an optional add-on
non-insurance benefit. Pumpkin is responsible for the product and
administration. For full terms, visit
pumpkin.care/customeragreement.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/petmeds-teams-up-with-pumpkin-to-help-make-pet-care-simple-and-affordable-301955544.html
SOURCE PetMed Express Inc