By Trey Ferro for HR Daily Advisor The open enrollment period for 2024 health insurance coverage has commenced, and employers are presented with a unique opportunity to enhance their benefits packages. While health insurance remains a cornerstone of these packages, a rapidly growing trend is emerging: the inclusion of pet insurance. The rise of pet insurance, one of the fastest-growing insurance segments in the United States, offers employers and employees alike a chance to reap significant benefits. Pet insurance has been on the rise in recent years, reflecting the increasing importance of pets in people’s lives—70% of U.S. households have…
Why Pet Insurance Is Gaining Popularity as an Employee Benefit
