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The constantly evolving medical world is affected by what's known as
"medical inflation". Medical inflation is the increase in cost
associated with the types of treatment and the frequency of treatments.
For instance a decade ago, most of the treatment covered by private
medical insurance was for 'non urgent' conditions such as varicose veins.
Today, advanced treatments are available which, substantially reduce
recovery times. However, the associated costs are much higher.
New technology also means that more medical conditions can be treated.
This means more people are claiming for treatment that may not have been
available before and this "claims frequency" increases medical inflation.
The development of medical treatment and advances in medical
procedures are always increasing. The cost of treatment causes us to
raise our subscriptions but will benefit you the member as you will
always have access to the very best and most recent types of medical
treatment and facilities.
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