Tuesday, October 29, 2013

Pet health care costs will go up

Many veterinarians are self-employed or in small group practices, and have in the past bought health insurance through their professional organization, the American Veterinary Medical Association. No more. That's just one association that has covered the self-insured that Obamacare has put out of business. The American Veterinary Medical Association’s Group Health and Life Insurance Trust will no longer provide medical insurance to its members after 2013. The approximately 17,500 AVMA-member veterinarians who carry the medical coverage through GHLIT will have to seek medical individual plans effective Jan. 1, 2014. Despite lobbying efforts on behalf of GHLIT, the trust will no longer be treated as a “group” arrangement, which means that advantages of the current nationwide coverage and premium ratings will not be available, the trust said in a statement.

Most veterinary practices are small--the law is extremely complex and loaded with bureaucratic fat, making the tax laws almost impossible for the little guy. She’ll have to hire more staff for accounting, inventory, IT, etc.  If you've lost your doctor, your vet may be next.

Veterinarians are in many communities first line of defense in HUMAN health--they are public health officers. The medical device tax also affects the health of your pets. A "device" is just about anything that isn't a medication, needles, catheters, and consumables--they will affect veterinarians, too. The price will be passed on to the animal owner. Most pet owners pay real prices, and don't have the cushion of pet insurance.

If pet care gets more expensive, expect to see more abandoned animals, or pets going without health care. Just another Obamacare fall out.

http://www.veterinarypracticenews.com/vet-breaking-news/2012/12/19/avma-forced-to-discontinue-medical-insurance-for-members

No comments: