Budget Policy

  Families who love going on adventures, spend some quality time with friends or relatives, and more usually travel a lot. Lately, it has been seen that many families have been traveling to Australia more often given the country’s beautiful scenic views and welcoming environment. Now that you are traveling far away, you must secure your and your family’s health. But, how? The Australian government has mandated all visitor visa holders in Australia to have Overseas Visitor Health Cover . It is not only for your safety but also one of the man visa requirements. OVHC’s intent is to make health facilities in Australia accessible to everyone, even those who are on visitor visas. The reason being, the Australian healthcare system is excellent in the world but expensive too. So, the health cover provides both accessibility and peace of mind. Why Do Families Need Health Insurance in Australia? Undoubtedly, Australia provides the best healthcare facilities, but it can be expensive for ma...

  Having an adequate health insurance is a prerequisite for many Australian visas, one of which is the common and most applied - student visa ( subclass 500 ) and visitor visa ( subclass 600 ). You must be aware of the various health cover plans, inclusions, exclusions, waiting periods, and much more to ensure buying the right coverage for your stay in the country. Overseas Student Health Cover (OSHC) is for international students moved to Australia to pursue higher studies. On the other hand, Overseas Visitor Health Cover (OVHC) is for intentional workers, travellers, and Temporary Graduate visas ( subclass 485 ) holders. The healthcare benefits of these two plans are similar yet different so, you must know the right cover to buy for your visa type. In the following blog, we will compare OSHC and OVHC to help you find a suitable health coverage. Purpose of OSHC The primary goal of OSHC is to support international students in Australia financially when it comes to healthc...

Australia is one of the most beautiful and livable countries with plenty of employment opportunities, world-class education, a travel destination, rich culture, and much more. The person can explore the country while studying, working, visiting, and living.   If the person is planning to visit Australia on a visitor visa, keep in mind that they must buy Overseas Visitor Health Cover (OVHC) policy before starting their visa application process. Nevertheless, many people do not know why OVHC policy is required to get an Australian visitor visa. Well! It is declared by the Australian Government that every international visitor migrating to Australia on work, travel, business, or any visa other than a student visa is required to purchase the OVHC policy. Note:  If someone does not buy the OVHC policy, he/she will become ineligible to process their Australian visa applications.   What is OVHC Policy?   The Overseas Visitor Health Cover (OVHC) policy will pro...

The Overseas Student Health Cover (OSHC) health insurance policy helps international students with medical and hospital care costs during their stay in Australia. It pays for the student’s limited benefits for pharmaceuticals (medicines) and ambulance services. The Department of Immigration and Citizenship (DIC) requires that all individuals carrying a student visa must maintain OSHC in Australia for their stay. The Australian government does not cover overseas students’ health or medical expenses under the 'Medicare' public health insurance system. In addition, it will be very costly for an overseas student to cover the amount of hospital and other medical treatment on his or her own without OSHC. Before buying the health insurance policy, the overseas students contact many health insurance providers to select the most suitable one according to their visa type. Academic institutions provide health insurance policies to international students, but many academic institut...

Insurance is one of the most important safety measures that people can have in today’s time. Very obvious to say that an apt insurance policy can save the individual from unwanted financial burdens in case of any mishap. Whether it is life insurance, motor insurance, goods insurance, health insurance or insurance of any other kind, it is surely reckoned a must-have for everyone these days. While some may consider insurance to be a needless expenditure, its real value is realized only when untoward circumstances show up without any prior notification. Therefore, every kind of insurance has its own importance and value, which cannot be deemed unnecessary or unworthy at any point in time. The insurance industry is huge and it has touched almost every realm one can think of. One can have insurance of almost anything now – from businesses to goods, vehicles, body parts, health and what not! Here, we talk about health insurance, especially which benefits the students when they go overseas ...

We all know the importance of insurance; it keeps us financially prepared for unforeseen circumstances that may arise in the future. Insurance keeps us on a safer side financially. When it comes to overseas travel health insurance becomes mandatory. Whether one is traveling for leisure or going for a specific reason, e.g., study visa, employment, etc., health insurance is one of the prime requirements. Australian Government has also mandated OSHC and OVHC policies for every visitor coming into Australia. It is essential for every non-PR/non-citizen to maintain adequate health insurance for entirety of their stay in Australia. This is the reason there is a lot of competition between insurance providers. Insurance providers sell various policies at different prices, depending upon the requirement of the buyers. Amidst the competition that is clearly seen between the prices of insurance policies, there are a few tips that we can provide to choose the best overseas health insurance policy...

Every international student entering Australia must have an overseas student health cover (OSHC) . It is one of the mandates of the Australian Government, so that the students do not become a burden on country’s own healthcare system. As we know that an international student has to have valid health insurance until his/her stay in Australia, whether with spouse or family. Considering this, the OSHC becomes one of the top priorities and necessities for any international student. Well, we can help you with some points that you must keep in mind before buying an OSHC policy. Adhering to these points will keep you covered fully during your stay and will also save you some money! So, here we go! Compare OSHC Policies and Features You surely do not want to buy a policy in haste. Just take your time and compare the policies that are valid for you, along with their features. There are times when students go on to buy policies that do not cover them completely, just because the policies are ava...