New Report Shows Significant Economic Benefits Associated with Pet Ownership
Washington, May 23, 2023 /PRNewswire-PRWeb/ — Pet ownership saves the US health care system. $22.7 billion Annually according to new economic reports released. The report, produced by the Human Animal Attachment Research Institute (HABRI), examines the healthcare cost savings associated with pet ownership in the United States. United States.
This report was made possible by a grant from Banfield Pet Hospital, co-authored by Terry L. CloverPhD and Tonya E. Thornton, PhD, MPPA, both of whom have extensive expertise in economic research and public policy. Their analysis not only reflects savings from overall improved health for pet owners in the form of fewer doctor visits per year. but also tracks specific savings for critical public health issues affecting millions of Americans. including reduced obesity reduced infection and better mental health for children, the elderly and the nation’s veterans.
Dr. Clover said “The results of this analysis are conservative and likely underestimate the positive medical costs associated with pet ownership,” he said. The Beneficial Health Effects of Pet Ownership And we believe future analysis will show even greater economic benefits.”
“Preparing this economic report We are documenting the important role pets play as valuable contributors to public health,” it said. Steven FeldmanPresident HABRI “This data suggests there should be stronger social support to keep pets and people in good health together.”
The full report, The Health Care Cost Savings of Pet Ownership, is available for download at https://habri.org/health-care-cost-savings/
How to report
The report’s authors analyzed the healthcare cost savings associated with pet ownership by examining the scientifically documented health benefits of pet ownership. Identifying the population groups that benefit from these benefits and calculate avoidable health care costs for those populations. To do this The authors first reviewed relevant academic and professional literature and peer-reviewed the health benefits of pet ownership. The most recent cost estimates for health services and treatments related to the health conditions identified in the review have been identified from a review of publicly available health care cost data. Pet ownership data is also identified from publicly available sources. Estimated savings for the US healthcare system related to pet ownership were calculated using these data. Further discussion of the identified health benefits associated with pet ownership for which cost savings are not accountable is also included in the report.
HABRI is a non-profit organization that maintains the world’s largest online library of human-animal bond research and information. Fund innovative research projects to scientifically document the health benefits of pets. and inform the public about research on human-animal bonds and the beneficial role of pets in society. For more information about HABRI, please visit http://www.habri.org
Hayley MaynardHuman Animal Bonding Research Institute 614-701-8205, [email protected]
Source Human Animal Engagement Research Institute