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The pet insurance market has exploded! Dozens of pet insurance companies are popping up all over the web. When looking to provide health coverage for your pet, questions arise. Should I invest in pet insurance? Ho

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

w much will I really use it? Is it worth the financial investment? What’s covered? What’s not? What is my pet’s current health status and will that affect my rates? I have 4 dogs; that’s a lot of money for insuran

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

e each year! Does insurance only cover certain types of pets? Is there any other choice for protecting my pet? You may have already started the process in researching the various companies out there, and if you have

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

n’t thought about it yet, I’ll guarantee you will think about it now.

When choosing a pet insurance policy for your four-legged family member, there is a lot of research ahead of you. Each insurance company may not

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

ffer the same exact product for pet health care coverage, but the vast majority will be similar with their plans available and only cover cats and dogs. They will sing songs about their coverage and the peace of mind

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

it brings. The reality a pet owner faces is that the costly quote they are given when they apply, comes with many stipulations. The money spent each year to have full coverage for your pet seems to be wasted each t

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

me the insurance company informs that the pet’s health condition is pre-existing or a hereditary flaw and will not be covered. In some cases, pet insurance companies will deny coverage because of the pet’s health rec

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ords, which will be required when claims are submitted. Common problems policy holders face are among waiting weeks for a claim to be paid, and being unsure how much of that claim will be reimbursed based on an insur

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

nce company’s fee schedule. Policy holders also have to meet deductibles before claims are paid. Hopes that your rates won’t increase too much each year your pet ages, or that the insurance company won’t drop your pe

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

t all together, doesn’t sound like much peace of mind! It becomes a frustration and a dead end which will cost more money.

Bottom line is that consumers want cost effective options. Some feel that pet insurance is

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

trap. We are certainly not saying it’s worthless, but there is a powerful alternative for coverage that gives more back for a minimal investment. Pet Assure, the benefits program that has thousands upon thousands o

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

pet owners smitten, offers members discounts and savings on not only veterinary care, but everything else needed for pets too! Pet Assure is not insurance. It’s a membership club that acts as a discount program. W

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

hy a discount program? It’s very simple. To save pet owners money on providing what they need and want for their pets! For a low cost fee that is sure not to put a dent in the budget, members receive an automatic 2

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

% savings each and every time they have a visit with a participating veterinarian. There is a nice size network of providers to choose from, which is constantly updating and growing.

A significant difference between

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

Pet Assure and pet insurance is the benefit of savings with a nationwide network of participating retailers and vendors. Pet Assure members receive discounts on everything from food, medications, health maintenance

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

roducts, supplies, training, grooming, boarding, and more. Also, the program offers a lost pet recovery service for enrolled pets known as PALS. Insurance companies do not offer such benefits to their policy holders

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

.

With Pet Assure, there are never any conditions or stipulations. No forms to submit, no waiting for claims to be paid, and no worries! All pets are covered no matter what type, including rodents and reptiles. Hea

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

th conditions past, present or future have no bearing on enrollment. Family plans are available for multiple pets in a household, and there are no claims to worry about. The discounts are applied immediately, saving

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

s are gained instantly, and there’s no looking back. This is the type of pet care program that provides immediate gratification and brings peace of mind.

Being aware of what’s out there and gaining valuable knowledg

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

to determine which options are best for your pets, gives you an advantage to choose the most beneficial coverage. There are alternatives to insurance. Ask yourself, which coverage truly gives peace of mind?

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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