Budget Policy

  Best OSHC in Australia If you’re planning to study in Australia, choosing the best OSHC in Australia is one of the most important steps. OSHC (Overseas Student Health Cover) is mandatory for all international students applying for a Subclass 500 visa. Without it, your visa may not be approved. However, many students make a common mistake — they choose a plan without comparing options and end up paying more than necessary.  What is OSHC? OSHC is a health insurance policy designed for international students in Australia. It helps cover basic medical expenses such as: Doctor (GP) visits Hospital treatment Emergency ambulance Prescription medicines (limited) It ensures you meet visa requirements and stay protected during your studies. OSHC Cost in Australia The cost of OSHC depends on several factors like provider, duration, and policy type. Average Cost (2026): Single: $600 – $800 per year Couple: $3,000+ Family: Higher Prices are not fixed and may vary depending on your situa...

  Navigating the Australian visa process is a journey of precision, and nothing is more critical than meeting Visa Condition 8501. Whether you are a student arriving for a degree or a graduate transitioning to a work visa, you need to Compare OSHC and Compare OVHC options to ensure you aren't overpaying for your mandatory health insurance. As we move into 2026, with health insurance premiums set to rise by an average of 4.41% on April 1st, the need for a thorough OSHC comparison has never been more urgent. At Budget Policy, we’ve analysed the latest data to help you find the Cheapest OSHC and the best OSHC coverage available. Why You Must Compare OSHC Before You Pay When you receive your university offer letter, it almost always includes a "preferred" health insurance provider. However, many students don't realise they have a choice. To find the best deal, you must compare OSHC providers independently. The "University Trap" Universities often ...

  Australia attracts thousands of travellers each year on Working Holiday Visas (subclass 417 and 462) . Whether you’re coming to surf, explore, or gain international work experience, one thing you can’t ignore is your health insurance . Understanding OVHC OVHC (Overseas Visitor Health Cover) helps pay for essential medical services, hospital care, and prescription medicines while you’re in Australia. It’s similar to OSHC , which covers international students, but OVHC is specifically for workers, visitors, and holidaymakers. Having visa-compliant OVHC ensures you meet potential visa requirements and have peace of mind in case of emergencies. Why You Should Compare Plans Not every OVHC policy offers the same value. Some provide extra benefits like 24/7 support or wider hospital access, while others focus on affordability. That’s why it’s crucial to compare OVHC plans before buying — so you don’t overpay or miss out on better coverage. Top Insurance Providers Reput...

For every international student or migrant planning to move to Australia, buying OSHC (Overseas Student Health Cover) is a compulsory requirement. But with different providers and varying price ranges, most students end up buying the wrong policy or paying far more than they should. That’s why platforms like Budget Policy ( budgetpolicy.com ) have become essential. They help you buy OSHC online, compare plans from all major providers, and get instant certificates required for your visa submission. In this blog, we’ll explain everything you need to know — from comparing prices, understanding coverage, checking 2-year policy costs, and more. What is OSHC and Why Is It Mandatory? OSHC (Overseas Student Health Cover) is a health insurance policy required for all students applying for a Student Visa ( Subclass 500 ) in Australia. It covers: Doctor visits Hospital treatment Emergency ambulance Prescription medicines Without a valid OSHC policy, your visa may get delayed or even rejected. Th...