Low cost medical insurance
Why cost shouldn't be your only consideration
Low cost medical insurance could prove to be a false economy. Bare-bones policies may be cheap to buy, but if you need to get treatment then you may well discover that your particular problem isn't covered by your insurance. Compare prices, but also check the level of cover and the choice of hospitals.
Low cost medical insurance could prove to be an expensive mistake in the long term: if you need treatment and your policy doesn't cover it, then you've effectively wasted your money. Although it's important to compare prices, it's also important to check what is and isn't covered, and what hospitals are available to you.
With many low cost medical insurance policies you'll find that out-patient treatment and consultations aren't covered, and in some cases you'll also find that you have to pay a hefty excess should you require private treatment. One particularly important area to consider is hospital "bands" - the cheapest policies cover you for some, but not all, private hospitals. Banding is particularly important in London as some of the city's private hospitals are very expensive and only included in the most expensive insurance policies.