Pic for tax. Eden's insurance policy is up for renewal (just celebrated her 4y adoptiversary). Nationwide is discontinuing her current policy and increasing the annual premium by almost $100 (from $330 to $422) and decreasing the reimbursement rate from 70% to 50%. They wouldn't send me the actual new policy documents to review (which they say they won't do because I haven't yet paid) and say the $250 deductible stays the same, despite not being mentioned in the document they gave me.
I've calculated the break even points for both the old and new plan (i.e. how much covered vet costs she'd have to incur in order for premium + co-insurance to come out less than non-insured out of pocket vet costs) and that amount increases from about $527 to about $594.
Eden does have her own sinking fund to cover vet expenses and other expenses I might not want to cash flow in a single paycheck (i.e. her semi-annual 40lb box of hay, or larger re-stocks of chew toys from our favorite bunny merchants).
I've been lucky that Eden hasn't come close to that break even point (except maybe in that first year where she had to have 2 x-rays related to her first episode of stasis). Given that vet bills for rabbits can quickly add into the thousands, I'll keep her coverage, if only for my peace of mind. Mainly just wanting to rant, but also wondering if others have had similar experiences with insurance both stupidly increasing premiums and getting shittier coverage.
by rinzorbunny