Zoetis leads the way in AH industry with "PUMPKIN"
Zoetis - market leader by far in Animal Health always has few aces up its sleeves - while the industry struggles to maintain supply chains during ongoing full or partial lockdowns across most countries, it cements its leadership position in industry by continued forays into adjacencies.
Launched by Zoetis (NYSE:ZTS), PUMPKIN - a new pet insurance agency and pet care company, announced today the availability of its new insurance and optional monthly preventive care plans for pet owners in the U.S only so far.
With its holistically designed plans, Pumpkin addresses a gap in the pet care industry by offering competitive pet health insurance and preventive care so pet owners can help their pets stay healthy year-round.
Rather than wait until animals are sick or injured to provide care, Pumpkin’s Preventive Essentials plan – available at an additional cost to the core insurance plan – helps enable families to give their pets crucial routine care that veterinarians universally recommend for cats and dogs.
Specifically, Pumpkin’s Preventive Essentials plan includes the following:
For dogs: Reimbursement for the costs of one annual wellness exam fee and two vaccines administered at such annual visit; and provides a 12-month supply of Zoetis’ Simparica Trio® (sarolaner, moxidectin, and pyrantel) for protection against heartworm disease, ticks and fleas, roundworms and hookworms for only $15.95 per month.
For cats: Reimbursement for the costs of one annual wellness exam fee and one vaccine typically administered at such annual visit; and provides a 12-month supply of Zoetis’ topical 6-in-1 parasite preventive, Revolution® Plus (selamectin and sarolaner topical solution) for a monthly fee of $10.95.
Direct shipment of these parasiticide medicines delivered to the pet’s home -- a service no other insurer provides.
Automatic digital reminders to administer preventive medications and to schedule vaccines via Pumpkin’s best-in-class technology platform help pet owners ensure their cats and dogs get timely treatment.
By making each pet owner’s healthcare responsibilities as easy and seamless as possible, Pumpkin aims to significantly increase the currently low percentage of pets that are compliant with preventive medication (based on internal Zoetis data) so that cats and dogs stay healthy and out of the emergency room.
“Pet insurance is being vastly underutilized by pet owners in America today. With Pumpkin, we are enabling pet parents to proactively prioritize the health of their pets and make the best health decisions for their animals -- so we can help ensure our fur children live their longest and healthiest lives,” said Alex Douzet, CEO of Pumpkin.
Although cats and dogs have become inseparable members of the family – even more so in these uncertain times -- 98% of pet owners currently lack any form of health insurance for their cats and dogs.3 Nevertheless, annually, 1 in 3 pets will have a medical emergency which will cost pet owners from $800 to $1,500 per visit on average.
Backed by Zoetis, Pumpkin provides pet owners peace of mind in helping to provide their pet the best veterinary care and wellness possible, with less financial stress.