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Why does it cost so much to provide veterinary care for my pet?

The fees you pay for veterinary services take into consideration a number of factors, including the costs to compensate your veterinarian and veterinary team for their professional services and the expenses involved in maintaining the hospital and equipment. When someone decides to adopt a pet, he or she needs to be prepared to include annual veterinary care in the overall cost of owning the pet.

Thanks to advances in veterinary medicine, pets are living longer, which means you may be spending more over the lifetime of your pet. However, in general, the annual cost of caring for a pet hasn’t increased much over the past several decades. (Consider how much the costs of many professional services, such as human healthcare, have risen over that same period!) Certain advanced procedures may come at a higher cost, but as the owner, you decide what care you want to provide your pet.

It may seem like you’re paying more for your pet’s care than for your own, but that perception may stem from the fact that you’re paying the entire cost of a service or procedure, rather than a percentage or set fee determined by an insurance company or provincial care. If you want to save money on your pet’s care, there are several pet insurance plans available. These plans may cover or help keep costs down for many routine veterinary services, prescriptions, medical conditions, and diseases. Your veterinary hospital may also offer a third-party healthcare line of credit as an option. Be sure to ask at your hospital if they accept any of these plans.