SEATTLE, Feb. 3, 2016 /PRNewswire/ -- Today Trupanion (NYSE: TRUP), a company that provides medical insurance for cats and dogs, announced the roll out of its game changing application to veterinary hospitals across the nation.
Since 2013 Trupanion has spent over $17 million developing Trupanion Express™, a web based application that allows the company to receive, process, approve and disburse payments for eligible claims within minutes.
Trupanion is the only company to offer a solution like this to veterinary hospitals. It was designed in conjunction with veterinarians, with the hospital teams in mind, to make their lives easier. With Trupanion Express™ there is no longer a need to fill out confusing claim forms, it's all done electronically making claim forms a thing of the past. Pet owners with a Trupanion policy for their cats and dogs will know the decision of their claim before they leave the hospital, and their veterinarian can be paid directly, typically in under 5 minutes.
"Medical insurance for cats and dogs is a critical part of responsible pet ownership. Traditional 'pet insurance' however, is fundamentally flawed. Pet owners are forced to pay veterinary invoices on their credit card in hopes of reimbursement. Meanwhile veterinarians are forced to process cumbersome paperwork and bear the cost of credit card fees. Trupanion Express™ solves these problems for veterinarians and their clients," said Darryl Rawlings, Trupanion CEO. "The software is offered to veterinary hospitals at no charge and is simple and quick to install. With Trupanion Express™, veterinary staff have no paperwork to process. Pet owners know they will be covered before they leave the hospital, and we pay the veterinarian directly so they won't have to incur credit card processing fees that would otherwise eat at their bottom line."
Trupanion is focused on innovation and has supported and invested heavily in the veterinary industry for years to address some of their financial challenges. Rawlings continued, "All veterinary hospitals should have Trupanion Express™. It makes hospitals more efficient, increases profitability, and improves the overall experience for your clients – it's a real game changer."
Over 26% of all claims paid by Trupanion are now paid direct to the veterinarian – this spells the end of reimbursement for pet owners. To learn more please visit Trupanion.com/Trupanion-Express.
Trupanion is a high-growth leading provider of medical plans for cats and dogs throughout the United States and Canada. For almost two decades, Trupanion's medical plan has given pet owners peace of mind so they can focus on their pet's recovery, not financial stress. Trupanion is committed to providing pet owners with the most value in pet medical insurance. Trupanion offers a simple, fair and comprehensive medical plan for cats and dogs that pays 90 percent of the actual veterinary costs for unexpected illnesses and injuries with no payout limits. Trupanion is listed on the New York Stock Exchange under the symbol TRUP. Trupanion was founded in 2000 and is headquartered in Seattle, WA. For more information please visit Trupanion.com.
Britta Gidican, Director, Public Relations
Laura Bainbridge, Addo Communications
SOURCE Trupanion, Inc.