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'Claims by under-35-year-old diabetics soar 57% since FY16'

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Press Trust of India Mumbai
Claims for diabetes and related ailments by individuals in the under-35 age bracket has jumped 57 per cent in the past two-and-a-half years, says a study.

"Claims data shows a 57 per cent rise in claim amount for diabetes and related ailments amongst individuals below 35

years," SBI General Insurance said in a report today quoting its own claims data from FY16, FY17 and the first half of the current fiscal.

The study further reveals that around 15 per cent of the total claims made against diseases are for diabetes and related ailments.

Among the diabetes related ailments, diseases of the circulatory system saw maximum claims, with 18.90 per cent share, it said.
 

As per the study, 85 per cent claims which are settled for diabetes are for a related complication. Further, around 31 per cent of total claims against diabetes were to be surgically treated.

The study further said as much as 60 per cent of claims for diabetes and related ailments claims came from the non-metros.

Region-wise, Maharashtra had the highest claim amount paid against diabetes and related ailments at 10.44 per cent during the reporting period, while Uttar Pradesh had the lowest at 1.67 per cent, it added.

"The data indicates that diabetes is not just restricted to the metros but is also affecting small towns, with their incidences being higher than metros," SBI General deputy vice-president for accident and health claims Sukhesh Bhave said.

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First Published: Nov 21 2017 | 8:25 PM IST

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