Electromagnetic fields (EMF) have been implicated to influence a range of bodily functions. Given their ubiquitous nature, widespread applications, and capability to produce deleterious effects, conclusive investigations of the health risks are critical. Accordingly, this paper has been constructed to weigh the bioeffects, possible biointeraction mechanisms, and research areas in bioelectromagnetics seeking immediate attention. The several gaps in the existing knowledge do not permit one to reach a concrete conclusion but possibility for harmful effects cannot be underestimated in absence of consistent findings and causal mechanisms. Several studies with appropriate methodologies reflect the capacity of electromagnetic radiations to cause adverse health effects and there are several credible mechanisms that can account for the observed effects. Hence, need of the hour is to activate comprehensive well-coordinated blind scientific investigations, overcoming all limitations and demerits of previous investigations especially replication studies to concretize the earlier findings. Furthermore, appropriate exposure assessment is crucial for identification of dose-response relation if any, and the elucidation of biological interaction mechanism. For the time being, the public should follow the precautionary principle and limit their exposure as much as possible.