[Australia, October 2024] – Pet Insurance coverage Australia, underwritten by PetSure, one of many nation’s main pet insurance coverage suppliers and innovators within the pet well being tech area, is championing the advantages of pet insurance coverage whereas showcasing how the GapOnly® platform is revolutionising the claims course of for Australian pet house owners.
With pet healthcare prices steadily rising, it’s estimated that 1 in 5 pets face lifetime well being bills upwards of $50,000, and 1 in 10 might exceed $100,000. But, solely 8% of Australian pet mother and father have pet insurance coverage*.
“Pet Insurance coverage Australia encourages house owners to suppose proactively about managing the inevitable monetary burdens that include pet healthcare,” Nadia Crighton from Pet Insurance coverage Australia says. “PetSure are at the moment working a marketing campaign that doesn’t simply promote a single model; it highlights the award-winning GapOnly® system, simplifying claims processing and easing the monetary pressure on pet house owners.”
GapOnly®, which received the 2022 Canstar Innovation Excellence Award, permits pet mother and father to say on the spot whereas on the vet, decreasing out-of-pocket bills. Already, GapOnly® is obtainable by 65% of pet insurance coverage manufacturers and 70% of veterinary clinics throughout the nation.
GapOnly®: A Sport-Changer for Pet Insurance coverage
The GapOnly® platform has garnered consideration for its potential to streamline pet insurance coverage claims, permitting pet house owners to keep away from the lengthy wait instances related to reimbursement claims. The platform calculates the declare whereas the shopper remains to be on the vet clinic, with the pet proprietor solely required to pay the hole between the vet’s bill and the declare profit.
Addressing Value-of-Residing Pressures with GapOnly®
Jenny Williams, Chief Advertising and marketing Officer at PetSure, mentioned: “Regardless of the rise in dwelling prices, pets deserve healthcare. Pet insurance coverage is a practical method to make sure that house owners can present the required care when their pets want it most. With GapOnly®, we hope to ease monetary stress and encourage extra Australians to guard their pets’ well being. Research from nations with greater pet insurance coverage uptake, such because the UK and Sweden, present fewer circumstances of financial euthanasia and improved total pet well being outcomes.”
Nadia Crighton from Pet Insurance coverage Australia emphasised: “GapOnly® eliminates the necessity to look ahead to reimbursement. It empowers pet mother and father to deal with their pet’s well-being, not the price of therapy.
“Whether or not you favor pre-approval, having your declare processed earlier than choosing up your pet, or claiming on the spot, GapOnly® provides flexibility and management.”
Buyer Testimonials Spotlight the Impression of GapOnly®
Pet Insurance coverage Australia prospects have voiced their appreciation for the GapOnly® service, significantly throughout anxious instances when funds are stretched.
Marie Roberts, a Pet Insurance coverage Australia buyer, shared: “The GapOnly® service was an awesome assist to our household. Our canine required costly therapy whereas I used to be on maternity depart. Because of GapOnly®, we solely needed to pay the hole, and the vets dealt with the remainder. Pet Insurance coverage Australia has been a godsend for us.”
One other buyer, Glorielyn Thew, defined how GapOnly® helped her handle vital vet payments for her two Miniature Dachshunds. “Each Sprint and Pablo required surgical procedure inside the identical month. With GapOnly®, I didn’t have to fret about upfront vet prices. It saved me 1000’s and relieved the stress throughout a troublesome time.”
Key Advantages for Pet Dad and mom:
- There is no such thing as a must pay the total vet bill upfront – solely the hole is paid, decreasing monetary stress.
- Claims are processed on the spot on the vet clinic, so there’s no ready for reimbursement.
- The common wait time for purchasers is simply 5 minutes, simplifying and expediting the pet insurance coverage claims expertise.
Veterinarian Advantages:
- GapOnly® reduces monetary obstacles to therapy, permitting extra optimistic conversations round care.
- Veterinary groups can focus extra on affected person care and fewer on processing funds and paperwork.
- The streamlined course of improves buyer satisfaction and might improve loyalty to the clinic.
GapOnly®: By the Numbers
- In August 2024, the most important declare processed by GapOnly® was $32,820
- On common a GapOnly® declare is processed each 20 seconds and is the popular technique to submit claims in Australia for vets and pet mother and father.
- On common, GapOnly® claims are processed in underneath 5 minutes
GapOnly® Altering the Pet Insurance coverage Panorama
The GapOnly® community is ready to increase throughout the nation, serving to pet mother and father handle prices whereas specializing in what really issues – their pets’ well being and well-being.
“It’s thrilling to see GapOnly® remodeling how pet insurance coverage claims are dealt with,” Crighton says. “By eradicating the monetary pressure, extra house owners can prioritise their pets’ care with out worrying about prices. It is a enormous leap ahead for each the business and pet mother and father alike.”
*PetSure claims knowledge 2024
*Hole means the distinction between the vet’s bill and the eligible declare profit underneath your coverage.
GapOnly is obtainable at collaborating Vets. Please go to gaponly.com.au/find-a-gaponly-vet to seek for GapOnly-enabled vets. GapOnly® is a trademark owned by PetSure (Australia) Pty Ltd (PetSure) (ABN 95 075 949 923, ASFL 420183).
GapOnly® is a trademark owned by PetSure (Australia) Pty Ltd ABN 95 075 949 923, AFSL 420183 .
Testimonials and buyer expertise could fluctuate relying on particular person circumstances. Claims are assessed topic to coverage phrases and circumstances.
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