According to one main insurer’s claims data, between 2010 and 2012, it experienced the following:
- 94% increase in life claims
- 73% increase in IP claims
- 150% increase in trauma claims
- 185% increase in TPD claims
Its data also highlighted some interesting trends in what people are claiming for – with dramatic increases in IP claims for cancer (up 363%), accidents (up 217%) and mental health (up 370%) over the three years.