5 factors that affect hospital claims

It is reasonable for many people to feel frustrated when their premiums for health insurance keep going up as they age.
It is reasonable for many people to feel frustrated when their premiums for health insurance keep going up as they age.ST PHOTO: KUA CHEE SIONG

The relentless increase in healthcare insurance premiums is a major concern for all policyholders, but sadly there is no "vaccine" that can stop the price rises.

This is because insurers are being hit by a double whammy - the big jump in prices of new treatments for serious illnesses such as cancer, and the increase in the number of people falling ill across all age groups, noted the Life Insurance Association (LIA).

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