Rising Medical Inflation and the Impact on Health Insurance Premiums
We all know that medical inflation is on the rise in a country like India. As it increases, several insurance companies are now required to pay more money for health treatments. But it’s not the insurance companies who suffer but the policyholders who invest in these plans. Note that higher cost leads to an increased amount of insurance premiums. Welcome to this post that outlines how the rise of medical inflation is impacting health insurance premiums.
Increased Medical Premiums: Why Does It Occur?
It is a terrifying condition for policyholders who have to give so much money as premiums of health insurance plans these days. Having health insurance policies is no longer a piece of cake, for it can affect your financial health drastically.