Monday, August 07, 2006
Health insurance for over the age 45 could be an entire lot more expensive. The public sector general insurers plan to trek the premium health insurance policies by 15- 20% depending on the age of the policyholder. That means the older you are the superior the increase.
But its good news for those below the age of 35, Oriental Insurance plans to decrease premium for this section by 25%. Insurers are also no longer eager to bear the cost of the whole hospital bill for people above the age of 45 because of a high number of claims. They desire these policyholders to pay up to 20% of the cost.
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