Cost of treatment doubles in 5 years as medical inflation bites

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. The amount is higher in metros like Mumbai, where average claim for infectious diseases rose to nearly Rs 80,000 from about Rs 30,000.

from Personal Finance News-Wealth-Economic Times https://ift.tt/HCwLjzx