Insurance cos face steep rise in Dengue claims
Oct 08 2015 , Mumbai
Insurers said that the average claim amount has increased by 10.5% compared to last year
Somesh Chandra, chief operating officer, Max Bupa Health Insurance told FC, “A year-on-year comparison shows that dengue has been slowly creating havoc, both physically and financially. Every year we receive dengue related claims almost throughout the year. However, the maximum number of such claims usually registered between June-August. This year, over the past 3 months, we have observed almost 100 per cent increase in claims related to dengue (as compared to corresponding months in 2014), which is quite alarming.”
Insurers said that the average claim amount has increased by 10.5 per cent compared to last year.
Sanjay Datta, chief underwriting and claims, ICICI Lombard General Insurance said, “In admission year 2015 (till September 2015) top 10 cities ie the four metro cities and Pune, Bangalore, Hyderabad, Vadodara, Nagpur and Nashik have contributed 82 per cent of the total
Dengue intimations compared to 81 per cent last year. In admission year 2012 and 2013 north and west regions have contributed 63 per cent and 79 per cent of total dengue intimations but in 2014 and 2015 (till September 2015) South & West regions have contributed 85 per cent and 71 per cent respectively.”
Datta said that in admission year 2012, 2013 & 2014 it has been observed that more than 75 per cent of claims are received during September-December each year.
Gopal Varma, chairman, E-Meditek TPA, said, “The cashless claim varies between Rs 30,000-Rs 65,000. In certain pockets, cashless claim amount has risen by 25 per cent.”
New Delhi has seen more than 6500 confirmed cases of Dengue and 40 deaths so far.