The Competition and Markets Authority (CMA) will investigate the high vet bills faced by pet owners and the varying insurance premiums. Owners can be charged exorbitant fees for procedures and consultations, and insurance costs can reach up to £900 per year. Factors such as the animal's breed, age, and location affect the price of insurance.
Are you a pet owner worried about high bills? Email [email protected] a watchdog report criticising sky high vet bills , many owners may be tempted to take out insurance - but the price of premiums can vary dramatically depending on the animal's breed and where you live.
Several factors affect the price of insurance, including the breed of the animal, its age and where you live - with urban areas often attracting the highest fees due to the increased likelihood of accidents. Pet insurance costs can rise for pedigree cats and dogs because they're more prone to hereditary conditions.
READ MORE - Vets bills around the world: As big-name veterinary practices come under pressure for charging pet owners 'eyewatering' care costs, how do fees in Britain compare to other countries She told MailOnline: 'A friend of mine's cocker spaniel broke her shoulder from jumping down from the car and the final vet bill was £20,000.00.
It will investigate concerns that six corporate giants dominate the market. The proportion of vet practices owned by large groups has risen from 10 per cent to 60 per cent since 2013.Brian Flynn said he had his beagle, Flash, treated abroad to avoid paying thousands of pounds in UK vet bills READ MORE: Dog owner facing £20,000 vet bills says he will 'sell his house' in desperate bid to keep his beloved Weimaraner alive Advertisement 'These include pet owners finding it difficult to access basic information like price lists and prescription costs - and potentially overpaying for medicines.'
Pet Owners Vet Bills Insurance Premiums CMA Fees Procedures Consultations Insurance Costs Breed Age Location
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