Disease-specific insurance becomes popular in Hyderabad Disease-specific insurance becomes popular in Hyderabad HYDERABAD: With the count of cancer and dengue cases on the rise across the state, an increasing number of health insurance firms have started floating disease-specific plans for their customers. And apart from the high rate of occurrence, the rapidly peaking popularity of these policies, agents say, is also rooted in the cost of treatment that's spiralled in recent times. According to rough estimates, the hospitalisation expenses for dengue can easily touch ₹1 lakh and more depending on the severity and complications associated with the patient, while treatment for cancer and other critical illness cost no less than ₹2 lakh. While this trend of diseaseoriented policies first made an inroad in to the industry roughly three years ago, it has now picked up pace in Hyderabad, say insiders. "Apart from cancer, in Hyderabad, diabetes and cardiac policies are being purchased in sizeable numbers (about 15-20 per cent) of health policies," said Govinda Kiran , senior sales manager with a prominent health insurance company. The premium for most of these polices range between ₹20,000 and ₹60,000 annually, depending on the age and health condition of the patient. In fact most policies allow patients who have already undergone a bypass surgery or cancer treatment to avail of the facility for reoccurrence of disease (after having recovered). Firms are also seen rolling out special policies for HIV/AIDS , kidney disease, neurology, etc. But while health insurance companies are going all out to woo corporates and even general public to buy these, experts have aword of caution for the buyers. "The insurance companies usually target those places (corporates etc) where can sell a large number of policies even though the actual percentage of buyers likely to get the disease, is very low. So, people need to choose wisely as many of the critical illness are already covered under a general health policy for a higher premium," said CV Ramana Rao , MD, Helios insurance broking Get latest news & live updates on the go on your pc with News App .

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