Pet Care & Insurance Roundup: Market Surges and AI Expansion

Pet Care & Insurance Roundup: Market Surges and AI Expansion

Vet Visit Costs in 2026: Prices, Insurance Coverage & Savings Tips

17 February 2026

Veterinary visit costs in 2026 range from $50 to $250 for routine exams, with additional services like vaccines, dental care, or emergency treatments significantly increasing expenses. Specialist visits and procedures, such as surgery or cancer treatment, can cost thousands of dollars. Pet insurance often covers accidents and illnesses but rarely routine care without a separate wellness plan, and out-of-pocket costs depend on deductibles, reimbursement rates, and waiting periods. Strategies to reduce costs include comparing clinic prices, using veterinary schools, enrolling in wellness plans, and purchasing insurance early. Overall, while basic exam fees are moderate, comprehensive treatments can be expensive, making insurance valuable for major health events.

South Korea’s Pet Insurance Market Surges Amid Rising Vet Costs

16 February 2026

South Korea’s pet insurance market is rapidly growing, with total policies reaching 251,822 by the end of 2025—a 55% increase from the previous year—driven by rising pet ownership and higher veterinary costs. Premium revenue jumped 61% to 128.7 billion won ($93 million), reflecting demand for coverage against costly treatments. As pets are increasingly treated as family members, insurers see opportunities but face challenges due to inconsistent billing and treatment standards. Standardizing medical codes and fees could improve transparency and help develop tailored insurance products.

Lassie Raises $75M to Expand AI-Driven Pet Care Across Europe

12 February 2026

Stockholm-based pet insurer Lassie secured $75 million in Series C funding to grow its preventive care-focused services across Europe. The company uses AI and automation to streamline claims and provide app-based education and incentives for pet health. Rising veterinary costs and pets being treated as family members are driving demand for such integrated insurance solutions. Lassie plans to expand in key European markets and develop partnerships, including with Lidl and Tractive, to connect routine care with insurance benefits.

 

 

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