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...