2018 Year In Review
Fortune.com calls pet insurance “the hottest employee benefit” with one in three Fortune 500 companies offering it as part of its benefits package. The APPA reports that 68% of American households own pets. It’s no surprise then that pet insurance companies compete for a place in corporate HR packages.
But what does a company do when it already offers top pet benefits to over 6000 HR departments nationwide?
Sit back and wag its tail?
Not us.
At Pet Benefit Solutions we’ve used 2018 to improve and expand our offerings in new and exciting ways. Our mission is to provide a pet plan for every pet parent.
Here’s a look back at the best of 2018:
Launch of New Division
In April 2018, Pet Benefit Solutions was formed. Pet Benefit Solutions offered a convenient package of two great products: Pet Assure, a veterinary discount plan, and PetPlus, a prescription savings plan. Combining the two programs allowed employers to offer multiple pet benefits with one convenient set-up.
Pet Benefit Solutions Joined Forces with Pets Best
That wasn’t all! In June 2018 we teamed up with Pets Best Pet Insurance Services, LLC. Employers can now offer their employees the option of a traditional insurance program with a top-rated company.
With this addition, Pet Benefit Solutions has a complete set of pet benefits. Our voluntary employee benefit offerings include Pets Best, Pet Assure, and PetPlus. The programs are open to all pets, regardless of age or breed. Employees can save on almost all their pet health care expenses.
Now employers can offer a full suite of pet benefits with a single implementation.
Record-Breaking Year
Have employees noticed? You bet.
Here are some of our stats from this past year:
- Average group size of 1,150 employees
- 96% group renewal rate
- Average Pet Assure Enrollment Rate: 6.6%
- Average PetPlus Enrollment Rate: 4.6%
Can we top that? We’re going to try! We want more pet owners to have access to the benefits they need for their furry friends.
What’s New for 2019?
Pet Benefits is looking ahead to improve the user experience with our products. Coming soon in 2019 is our Company Administrator Login!
Brokers and employers will be able to log in at petbenefits.com and:
- View information about the pet benefits that the company is offering
- Download invoices and billing reports
- View details of enrolled employees such as digital card, ID number, and status
- Upload enrollment file or activate/terminate an employee, depending on enrollment type
- Access employee education materials
Outstanding employee participation rates.
Great service for employers and brokers.
Pet Benefit Solutions is the pick of the litter in the pet benefits industry for 2018 and beyond.
Learn more at petbenefits.com.