– this is why your fees could be rising

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A new investigation is being launched into vet fees but professionals say they face rising costs

Dr Andrew Monchar, 39, wanted to be a vet since discovering a love of science and animals at school but now he fears the CMA’s sector review could take an unfair bite out of the profession.after an initial review highlighted concerns about price transparency, poor competition and drug prices that could mean pet owners are overcharged.

Studies show that the pressures of the job and supporting families to care for their beloved pet has made UK veterinary surgeons three to four times more likely than the general population to die by suicide. While some medicines may be cheaper online, vets have extra storage costs so that drugs are immediately available.

“Independent vets are also hampered by larger corporates using their purchasing power to pay less for drugs, and pharmaceutical companies then make up their margins with the little guys.” “Dentists, private doctors and solicitors typically charge rates far in excess of the costs, historically drug sales have subsidised that for vets.

“Veterinary businesses have fixed costs that have risen. We also have to provide out-of-hours care whether a small practice or major corporate under the Veterinary Surgeons Act of 1966.

 

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