The NY Times examines the story of a man who bought a health insurance policy, later got sick, and found out that the policy had an extremely low cap on procedures done in a hospital.  Though the patient said he had read that he had $150,000 in hospital coverage, it turns out that coverage was simply for room/board at the hospital.  His procedures were only covered to $10,000.

Health insurance policies can be quite complex, and buying one on your own can be risky, since you may not find out the true limitations of the policy until it is too late.  Our suggestion?  Don’t buy a health insurance policy without speaking first with an expert agent who can guide you into the best plan for your needs.  We recommend that you compare health insurance quotes from several providers, and ask them to walk you through the details of the plan.  Sure, it may take a bit longer than simply signing up with the cheapest plan you find, but that extra investment of time will pay off in the long run if you require the services of your health insurance company.