Budget Policy

Whether you are planning to move to Australia as a student, visitor, or a Permanent resident, having in-depth knowledge of private health insurance can prove to be of great help. The Medicare / public healthcare system in Australia is unarguably top-notch. Despite that, the flexibility, short wait times, and extra services offered by private health insurance are unparalleled Finding it difficult to choose a private health cover? Let's look at some of the best options out there: Broadly, there are two types of insurance plans to choose from.  OSHC (Overseas Student Health Cover) OVHC (Overseas Visitor Health Cover)  It is clear by the names of these plans that the OSHC applies to student visas, while the OVHC applies to visitor visas. You will, by default, choose the one that applies to your visa type. Choosing the Right Private Health Plan For International Students- If you're coming to Australia to study, you'll need Overseas Student Health Cover (OSHC). This is a legal r...

Planning to extend your stay in Australia after you have completed your course as a student? Well, as great of a piece of news as that is, it is important to revisit new requirements for your protection that also comply with your visa. As you are no longer on a student visa, and rather on a 485 visa, your OSHC won’t be valid and compliant anymore. You must now get an OVHC cover from Medibank or any other provider you trust. OVHC is essential for the Temporary Graduate visa (subclass 485): Visa Condition: Condition 8501 in your visa specifies and mandates you to have and maintain adequate health insurance for the course of your entire stay.  Visa Approval: In case of not having an adequate OVHC , the Department of Home Affairs will most likely not approve your visa application. OVHC has to be bought before submitting the visa application. Visa Compliance: If you hold a 485 visa and fail to maintain a n adequate OVHC while in Australia, it could lead to the cancellation of your vis...