Why Are Vet Bills So Expensive Now?

Sep 4, 2026

Why Are Vet Bills So Expensive Now?

A vet visit that cost $100 in 1997 costs over $400 today — while everything else roughly doubled. So where does the money actually go? We follow one bill: the wages inside the clinic, the quiet corporate rollup of American animal hospitals, and the one thing missing at the counter that changes everything. It turns out vet prices aren't strange. Every other medical price you've seen is.

Sources: BLS, US Census Bureau, NAPHIA, FTC, AVMA.

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Financial Minds explains why things cost what they cost — the business model behind it, the design decision behind that, and the person who figured it out first.

No advice. No lectures. One question per video.