Rising OSHC Costs in Australia: How International Students Can Save Money in 2026
Studying in Australia has always required careful financial planning, but in 2026, managing your budget has become even more important. The Australian Government has increased the Subclass 500 Student Visa application fee to AUD 2,500 , adding more pressure on international students. At the same time, the cost of Overseas Student Health Cover (OSHC) has also increased due to higher private health insurance premiums. As a result, choosing the right OSHC policy is no longer just a visa requirement—it's an important financial decision. Comparing plans before you buy can help you avoid unnecessary costs and find health cover that suits both your needs and your budget. Why Are OSHC Premiums Increasing? Health insurance premiums in Australia are reviewed regularly, and recent changes have led to higher costs for many international students. The Australian Government approved an average 4.41% increase in private health insurance premiums, affecting most OSHC providers . The increa...