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Cost of treatment doubles in...

MUMBAI: The cost of treatment for...

Cost of treatment doubles in 5 years as medical inflation bites

MUMBAI: The cost of treatment for common ailments that require hospitalisation has more than doubled in five years, data from insurance claims show. Health insurance claims for infectious diseases and respiratory disorders have been growing faster than medical inflation - which at 14% is twice as high as retail inflation. Average claim for infectious diseases rose to Rs 64,135 in 2022 from Rs 24,569 in 2018, which is an increase of over 160% and a compound annual growth rate (CAGR) of 26% (see graphic), data from Policybazaar showed....

Karl Jörg - August 23, 2023

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Cost of treatment...

MUMBAI: The cost of treatment for common ailments that require hospitalisation has more than doubled in five years, data from insurance claims show....

Karl Jörg - August 23, 2023

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