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Tuesday
Jul052011

Few Pet Owners Cutting Back on Expensive Pet Care, Survey Finds

Jupiterimages/Thinkstock(YONKERS, N.Y.) -- Few Americans are cutting back on pet care, even though costs are going up, according to a new survey released on Tuesday by Consumer Reports.

The magazine found that between 2009 and 2010, when the U.S. economy was deep in recession, only 16 percent of those surveyed reported spending less on their pets.  During this same time period, the price of pet food, veterinary care and other pet-related products was on the rise.  According to Consumer Reports, those costs have gone up 4 percent since 2008.

Offering some tips on how to save, Greg Daugherty, an executive editor at Consumer Reports, says getting pet insurance may not always be worth it.

"We found in most cases pet insurance does not pay," he said.  "The exception there might be if you have a pet who has an unusual and very expensive condition."

You can also save more by opting for generic medications if they are available at your veterinarian's office.

And when it comes to buying pet food, make sure to check the label.

Daugherty says pet food can cost "anywhere from 34 cents a pound to well over $2 a pound and there's not necessarily any nutritional difference there at all."

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ABC News Radio