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North American Pet Health Insurance Association

North American Pet Health Insurance Association is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand North American Pet Health Insurance Association rather than just read about it. In short: The North American Pet Health Insurance Association (NAPHIA) is an independent organization of pet health insurance companies and professionals operating in the United States and Canada. It serves as the principal governing body of the growing pet insurance industry.

North American Pet Health Insurance Association — main illustration
North American Pet Health Insurance Association — illustration

Key takeaways

  • North American Pet Health Insurance Association belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect North American Pet Health Insurance Association to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of North American Pet Health Insurance Association from memory before moving on to harder problems.

Reference excerpt

The North American Pet Health Insurance Association (NAPHIA) is an independent organization of pet health insurance companies and professionals operating in the United States and Canada. It serves as the principal governing body of the growing pet insurance industry. The North American revenues of pet insurance reached $354 million in 2009, up 14% from $310 million in 2008, as the market continues to chart what is forecast to be double-digit annual increases through the next five years. The NAPHIA is governed by a Board of Directors made up of appointed representatives from pet health insurance provider member companies.

History The North American Pet Health Insurance Association was founded in 2007. The Association is currently headquartered in Kansas City, MO in the KC Animal Health Corridor. The founding members of the Board of Directors of NAPHIA include the following; Darryl Rawlings, CEO of Trupanion, Dennis Rushovich, CEO of Hartville Group Inc., Randy Valpy, president and CEO of SecuriCan General Insurance Co. (PetSecure Canada) and Jack Stephens, DVM, Founder and President of Pets Best Insurance. The Board of Directors has changed over time with the addition of new member companies. The NAPHIA gained momentum recently when Veterinary Pet Insurance, the industry’s largest policy writer, joined the organization in 2013. VPI also become a part of the Board of Directors. The Association holds and annual summit with North American industry leaders, NAPHIA member companies, insurance companies, partners and other interested parties. During this event, attendees discuss best practices and new initiatives for the pet health insurance industry. The first event was held in Montreal, Canada. 2014 will mark the 3rd annual summit and it will be held in Leesburg, VA National Pet Health Insurance Month is organized by the North American Pet Health Insurance Association each September to bring awareness to pet insurance products.

Role In politics NAPHIA takes an active role in the law making process when pet insurance is involved. NAPHIA was heavily involved in California State Assembly bill AB2411, which would have required additional regulation for pet insurance in California, but was vetoed in late September 2010 by Governor Schwarzenegger.

References

External links www.naphia.org

Worked examples

Example 1 — a first encounter with North American Pet Health Insurance Association

Start with the simplest possible case. Write down what North American Pet Health Insurance Association claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to North American Pet Health Insurance Association before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about North American Pet Health Insurance Association ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of North American Pet Health Insurance Association

In research
North American Pet Health Insurance Association appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses North American Pet Health Insurance Association in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
North American Pet Health Insurance Association is common in secondary-school and first-year university syllabi. It links to neighbouring topics Companies based in Kansas City, Missouri, Health care-related professional associations based in the United States, Insurance in the United States, so understanding it makes those chapters shorter.
In everyday life
Look for North American Pet Health Insurance Association outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study North American Pet Health Insurance Association in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what North American Pet Health Insurance Association means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain North American Pet Health Insurance Association out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is North American Pet Health Insurance Association in simple terms?

The North American Pet Health Insurance Association (NAPHIA) is an independent organization of pet health insurance companies and professionals operating in the United States and Canada. It serves as the principal governing body of the growing pet insurance industry.

Why does North American Pet Health Insurance Association matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study North American Pet Health Insurance Association?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on North American Pet Health Insurance Association.

Tags

  • Companies based in Kansas City, Missouri
  • Health care-related professional associations based in the United States
  • Insurance in the United States
  • Pets

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