Close Menu
    What's Hot

    What Really Happens If You Stop Paying Your Loan EMIs?

    June 2, 2025

    New Rules for Ration Cards in UP: Only Eligible People Can Apply

    June 2, 2025

    Suzlon vs Inox Wind: Which Renewable Stock Looks Strong in FY25?

    June 2, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Invest PolicyInvest Policy
    Subscribe
    • Insurance
    • Investment
    • Tax
    • Stocks
    • MF
    • Money
    • Property
    • Schemes
    • More
      • Documents
      • Cards
      • Loan
      • Hindi
    Invest PolicyInvest Policy
    Home » Hospitals Charging Extra as Demand for Surgeries Rises
    Business

    Hospitals Charging Extra as Demand for Surgeries Rises

    Shehnaz BeigBy Shehnaz BeigOctober 14, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Hospitals Charging Extra as Demand for Surgeries Rises
    Share
    Facebook Twitter LinkedIn Pinterest Email

    New Delhi: Getting medical treatment in hospitals is becoming more expensive as hospitals have started charging patients extra based on demand, similar to how airline ticket prices increase when more people book flights. This practice, known as “surge pricing,” is now being applied to surgeries and other medical treatments, which has significantly raised healthcare costs for patients.

    If more patients are admitted to a hospital, new patients may have to pay a higher price for their treatment. Hospitals are applying this system, especially when their operation theaters are nearly full, charging patients extra fees referred to as “peak charges.”

    How Surge Pricing is Affecting Patients and Insurance Companies

    The concept is quite simple: when a hospital’s operating rooms are almost fully booked, the cost of using them increases. This results in higher medical bills, not only affecting patients but also causing issues for insurance companies. Earlier, insurance companies could offer comprehensive medical packages with fixed prices, but now, due to fluctuating hospital charges, insurance companies are facing difficulties in covering these extra expenses.

    According to a source from the health insurance industry, these additional costs are making it difficult for insurance companies to predict and manage healthcare expenses. This trend has forced insurers to offer new policies that exclude certain procedures or come with higher premiums.

    Treatment Costs Are Rising Sharply

    Healthcare costs have been steadily rising year after year, with hospital inflation growing at a rate of over 14% compared to the regular inflation rate. Hospitals have introduced these surge pricing methods, which have caused treatment costs to soar by 20%. Even common surgeries, such as laparoscopies and hysterectomies, now come with additional surge charges if performed during peak times when hospitals are busy.

    See also  India May Ban Chinese CCTV Cameras Amid Security Concerns

    New Pricing Models Are Impacting Routine Procedures

    Hospitals are also unbundling their services to increase revenue, further driving up the cost of treatment. For example, procedures like angioplasties, which used to be offered as a single comprehensive package including angiograms and stents, are now split into separate charges. Hospitals are billing patients for each component of the treatment individually, making healthcare far more expensive than it was before.

    Patients and insurance companies are now facing the brunt of these rising costs. As hospitals continue to adopt new pricing models and surge pricing becomes more common, it is becoming increasingly difficult for people to afford even routine medical treatments.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleLast Day to Apply for Ladki Bahin Yojana, Get Rs 1500 Monthly Support
    Next Article Banks May Penalize You for Low Savings Account Balance—Here’s What You Need to Know
    Shehnaz Beig
    • LinkedIn

    Shehnaz Ali Siddiqui is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing around Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

    Related Posts

    Warren Buffett to Retire as Berkshire CEO, But His Simple Lifestyle Remains an Inspiration

    May 28, 2025

    7 Small Businesses That Can Make Big Money in 2025

    May 28, 2025

    Foreign Investors May Face Heavy Tax on Bajaj Finance Bonus Shares

    May 6, 2025

    The Inspiring Journey of Ajay Ajmera: How One Man Built a Rs. 250 Crore Fashion Brand Without Any Degree

    May 6, 2025

    Dhirubhai Ambani’s Real Name and How Young He Started Reliance

    May 2, 2025

    Cloud Kitchen Business Idea: Start from Home, Earn Big in 2025

    May 1, 2025
    Add A Comment

    Comments are closed.

    Top Posts

    What Really Happens If You Stop Paying Your Loan EMIs?

    June 2, 2025

    New Rules for Ration Cards in UP: Only Eligible People Can Apply

    June 2, 2025

    Suzlon vs Inox Wind: Which Renewable Stock Looks Strong in FY25?

    June 2, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement

    Our main motto is to help our customers in making personal finance decisions easy and convenient as per their comfort. We are committed to provide accurate and unbiased information at your doorstep and keep it transparent among our customers.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    What Really Happens If You Stop Paying Your Loan EMIs?

    June 2, 2025

    New Rules for Ration Cards in UP: Only Eligible People Can Apply

    June 2, 2025

    Suzlon vs Inox Wind: Which Renewable Stock Looks Strong in FY25?

    June 2, 2025
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Invest Policy. Designed by DigiSpiders.
    • Home
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.