In this episode of the Pet Care Report Podcast by Pet Summits, Dr. Megan Barrett hosts Jonathan Wainberg, Senior Vice President and General Manager of Pet and Co-brand Business at Synchrony. Together, they discuss the financial aspects of pet ownership, including the underestimated lifetime costs, rising veterinary expenses, and the importance of financial planning for pet care. Jonathan shares insights from Synchrony's 'Lifetime of Care' study, highlights the role of pet insurance and wellness plans, and explains how tools like the CareCredit card can help pet parents manage unexpected expenses. The conversation also touches on the benefits of regular wellness visits, community resources, and proactive financial strategies to alleviate financial stress during emergencies.
(02:12) The True Cost of Pet Ownership
(04:35) Rising Costs and Advanced Pet Care
(10:26) The Importance of Being Financially Prepared
(13:47) Pet Insurance and Financial Tools
(21:55) CareCredit's Network and Approval Process
(22:43) Using CareCredit for Veterinary Expenses
(30:21) The Importance of Dental Care for Pets
(33:00) Financial Planning for Pet Owners
Follow Jonathan Wainberg: https://www.carecredit.com/
https://www.linkedin.com/in/jiwainberg/
Follow our Cat Health Host, Dr. Meghan Barrett, here: https://drbarrettvet.com.
Dr. Meghan Barrett’s Pet Nutrition Blueprint here: https://drbarrettvet.com/from-basic-to-bougie-book
Want to see more from Pet Summits? Subscribe to the PetSummits YouTube channel here: https://www.youtube.com/@PetSummits
Check out the latest free events here: https://petsummits.com/events/
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