Health Insurance Blunders: Avoid These Mistakes to Ensure Smooth Claims

• Underinsuring due to high premiums can lead to significant out-of-pocket expenses during hospitalization, especially with rising medical inflation.
• Not understanding waiting periods and exclusions for pre-existing diseases or specific procedures can result in claim denials, despite years of premium payments.
• Choosing a policy based solely on low premiums often means hidden costs like room rent limits, co-pay clauses, or restricted hospital networks.
• Incomplete or incorrect disclosure of medical history, even unintentional, can lead to claim questioning or denial if discrepancies are found in hospital records.
• Delaying claim intimation or missing documentation, particularly for cashless claims, can slow down settlement or turn a smooth process into a reimbursement battle.

Why It Matters: Avoid common health insurance mistakes like underinsuring, ignoring clauses, or poor disclosure for hassle-free claims.