Compare & Buy the Most Suitable OSHC Policy

As an international student, you must know that Overseas Student Health Cover (OSHC) policy is essential and covers all health-related expenses during your stay in Australia. Budget Policy is here to assist you in buying OSHC online yourself, and you can concern with one of our experts who can help you to buy the most suitable one. 

OSHC policy is specifically designed for international students who are studying in Australia. The OSHC policy options may look familiar, but you can have different levels of coverage to include additional treatments (out-of-hospital services such as optical and dental), and the basic policy includes hospital accommodation and GP visits.

If you are an international student from one of these countries - Belgium, Finland, Italy, Malta, the Netherlands, New Zealand, Norway, the Republic of Ireland, Slovenia, Sweden and the United Kingdom. You are exempted from buying OSHC under the Australian Government agreement where visitors can get publicly funded medically necessary care.

OSHC Australia health insurance is required for your student visa, and it covers you from the day you arrive in Australia. If you extend your study period and your OSHC expires, you must buy a new OSHC policy; the next one does not take time and begins immediately.

 Suppose your health is not in good condition; you had to get treated, but you cannot cover your expenses because your 1-year OSHC health insurance is expired, and you failed to extend or renew it. Thereby your visa will be cancelled for breaching 8501 visa conditions by the immigration department.

 How will you deal with this situation? As an international student, you worked hard to get the opportunity to study overseas. However, you can take precautions and can avoid facing those circumstances. Most international students do not focus on the health insurance plan and end up regretting their OSHC plan. Likewise, they – 

• Buy it in a hurry

• Buy the OSHC plan based on their family and friend’s recommendations

• Buy the one by focusing on low-cost or solely

 If you are among one the international students and planning to purchase OSHC to meet the requirements of the student visa, all you need to do is look for the most suitable plan and spend wisely.

Benefits

 The basic level of OSHC health insurance will cover. 

• The same hospital treatment and out-of-hospital treatments that covered by the Australian public health system

• Accommodation in a shared ward in the private hospital and day surgery accommodation

• Certain prosthetic devices

• Emergency ambulance transport

• medications 

 How to Pay for OSHC?

 You need a credit card to purchase the OSHC policy. If you do not have any, then concern with one of our Budget Policy consultants, who will assist you with alternative payment options.

 Can I use Other Insurance instead of OSHC?

 No, you cannot use other health insurance from an overseas insurer or cannot use travel health insurance to cover your medical expenses as an international student, and an Australian registered private health insurer will cover you. The government of Australia monitors and regulates insurers covering people who are living temporarily in Australia.

 Conditions for Common Waiting Period 

• Ailments or illnesses of a psychiatric nature and pre-existing conditions - two months

• Pregnancy-related conditions - twelve months

• All other Ailments or illnesses of a psychiatric nature, outpatient medical services and pre-existing conditions - twelve months

 Conclusion

 In the end, before buying the OSHC policy or health insurance, you must go through different options and levels, compare the options of OSHC policy and decide which will suit you well, and do not directly purchase the low-cost health insurance. Firstly, have deep knowledge about all insurance policies and if you still feel confused about which one will be best for you, do contact one of our Budget Policy expert consultants for better advice.