Medical insurance companies are reporting more claims by cancer patients, indicating a rise in the incidence of the disease. Every year, at least 10 lakh new cases of cancer are detected in India and six lakh die of it.
On the bright side, analysis of the reimbursement data shows that the number of patients fighting cancer”and surviving it”is increasing, said medical and insurance experts. On the other hand, though cancer is mainly considered a disease of the elderly, almost half of the claims are from younger patients. Persons between 46 and 55 comprised almost a quarter of all claims from a private insurer, while almost one in five reimbursement demands came from those between 36 and 45.
“Our claims for cancer treatment have gone up 33% from 2012 to 2013,” said Sanjay Dutta of ICICI Lombard, the country’s largest private medical insurance provider.
Like
Dislike
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter , Instagram.
