Americans Are Spending More On Health Care For Their Pets

In 2016, U.S. pet owners are expected to spend $62.75 billion on their pets, which is an increase of 4 percent from 2015. This translates to an annual cost of over $1,600 to care for a dog and $1,100 to care for a cat. Food makes up the most expensive part of caring for a pet. Clearly, most pet owners view their pets as part of the family, and many spare no expense when it comes to their pet. The Washington Post writes that there are striking similarities between the health care received...

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