Health Insurance Claims for Senior Citizens Increase by 52% in the Past 3 Years
Updated On Jan 22, 2021
The development in the field of health has led to increasing in the geriatric population. As per the UN, the share of the population over 60 years of age is expected to increase by 20% by the year 2050. But considerably, this also brings along various health care needs. And the best possible way to be prepared for unforeseen medical circumstances is to get insured with the right health insurance plan. Going by the facts, there has been a rise in a number of claims made by people aged above 60 years between 2016-2019; 60% of the total claimants are males across these years; 68 years is the average age of the claimants; and the average claim size ranges between Rs. 60,000 to Rs. 65,000.
Going by the data for the state-wise increase in claims, Delhi has seen a rise of 109%, Rajasthan of 106%, Kerala of 107%, Goa of 54%, and West Bengal of 59%.
Listed below are the top five reasons for claims with Bajaj Allianz General Insurance:
1. Diseases of the eye and adnexa-Glaucoma, Age-related Macular Degeneration (AMD), Cataract and Pterygium
2. Diseases of circulatory system-Cerebrovascular Accident or Stroke, Ischemic Heart Disease, Coronary Artery Disease, Myocardial Infarction,
3. Diseases of the genitourinary system-Urinary Tract Infection, Benign Prostatic Hypertrophy, Urolithiasis
4. Neoplasms–Tumors, Benign or Malignant
5. Endocrine, metabolic, and nutritional diseases-Thyroid Disorders, Diabetes Mellitus
Also Read
