Cheapest Health Insurance: Why Low Premiums Can Cost You More Later

• Online health insurance comparison often prioritizes low premiums, leading buyers to overlook critical policy details.
• Cheaper policies typically come with longer waiting periods for pre-existing conditions and common treatments, delaying actual utility.
• Hidden costs like room rent limits and sub-limits on procedures can significantly reduce the effective coverage during hospitalization.
• Claims processing for low-cost plans can be stringent, leading to disputes over documentation and post-hospitalization expenses.
• A large sum insured can be misleading; co-payments, exclusions, and specific rules can shrink the usable coverage substantially.

Why It Matters: Opting for the cheapest health insurance often means hidden limitations and potential financial strain during claims.