Trupanion ends points program amid insurance regulator probeThe company denies the move has anything to do with the probe and instead, says the program “failed to create any incremental value or behavior change” November 8, 2018 Pet insurance company Trupanion says it is ending its points program, which is currently at the center of an investigation by Washington state insurance regulators. The company denies the move has anything to do with the probe and instead, says the program “failed to create any incremental value or behavior change.” According to Trupanion, the rewards program was meant to enhance usage of its proprietary and patented software, Trupanion Express, not incentivize enrollments. “The termination of the program was unrelated to any regulatory inquiries,” Trupanion said in a press release. “To the contrary, the determination was made because the test program was not having the desired results.” According to several news outlets, the Washington State Office of Insurance Commission, Regulatory Investigations Unit is alleging Trupanion’s underwriter, American Pet Insurance Company, is offering cash incentives to veterinarians, veterinary hospitals, and animal organizations to promote its insurance to clients. Trupanion denies the allegation. “We have had discussions with regulators on these topics, and, as of today, we have no reason to believe any state regulator believes our business model violates the letter, or spirit, of insurance regulations with respect to these issues,” the company said. “Furthermore, we have no expectation we will need to change our business practices.”
Education Center - SponsoredPRP Therapeutics: Common Indications and Dosingby • VetStem, Inc.Today, the veterinary practitioner has many product choices for regenerative medicine. It is important to understand how and why these products work in the area of interest to maximize your patient's opportunity for success.
Suggested Veterinary Products Digicare CentralVUE CV10x Central Monitoring and Telemetry SystemDigicare’s CentralVUE™...DR Wizard 2.0High Quality Images• Direct deposited Cesium Iodide• 5 year hardware and software warranty• Wireless lightweight 14” x 17” detector panel is very...
SponsoredControl canine osteoarthritis at the sourceEffective inflammation and pain management is possible for your canine osteoarthritis patients. + Discover How