Budget Policy

Australia has always been one of the preferred nations for international students. Every year, thousands of students from around the world come to Australia to pursue their higher education. The country has almost everything to offer to everyone – right from advanced technology to great infrastructure across different industries, developed social & medical systems, streamlined education sector and much more. The country offers high-quality education across a variety of disciplines at every level. As Australia witnesses a huge influx of international students every year, the country has made it mandatory for every student to have an OSHC, i.e., Overseas Student Health Cover . OSHC is an insurance policy cover that provides international students access to healthcare services in Australia as and when required. As only citizens and permanent residents of Australia have access to Medicare, all the international students, tourists, temporary residents and all other categories have t...

If you have already planned to study overseas and have chosen Australia to take up higher education, you must be aware of the fact that you must have a valid OSHC ( Overseas Student HealthCover ) when entering Australia, without which you may not be able to enroll in your desired educational program. Buying a health cover (OSHC) is one of the most important things that the student needs to do when planning to enter Australia on a study (subclass 500) visa. Well, there are many reasons that every international student entering Australia must have an Overseas Student Health Cover. Here are some of the top reasons you need an OSHC when entering Australia.   1.      International Students’ Ineligibility for Medicare As we all know, Australia has an excellent and well-structured medical care system, more commonly known as Medicare. The Australian Government’s public health program provides medical care and facilities to Australian citizens and permanent residen...

An Overseas Student Health Cover , aka OSHC, is the mandatory health insurance for international students studying in Australia. As per the guidelines set forth by the Australian Ministry of Home Affairs, international students need to maintain health insurance for the entire duration of their stay in the country, failing which their visa is liable to be revoked.   However, a health cover does not only fulfil your visa requirement, but it also comes in handy in an unforeseen event of a medical emergency, treatment, hospitalization, or ambulance service.   Various revered health insurance providers offer OSHC policies that flaunt a diverse set of features. Since there are numerous health insurance plans around, choosing the best one gets a little tricky.   Well, it does not have to as this article covers one of the most feature-rich health covers you can buy for your Australian study visa and safeguard your stay away from home.   What is NIB OSHC?   NIB...

Students who belong to a nation that lacks a Reciprocal Healthcare Agreement (RHCA) with Australia require an Overseas Student Health Cover. Students hailing from 11 RHCA nations can avail healthcare services for free or at a subsidised rate. However, all international students need an OSHC cover in the longer run, save for those coming from Sweden, Norway, and Belgium as the health covers from their home country are valid and accessible in Australia, too! What does an OSHC cover? A prominent  Overseas Student Health Cover , such as  BUPA OSHC , makes a massive difference between an affordable expense and a hefty hospital bill. An OSHC helps international students cover the cost of healthcare services such as medical treatment, hospitalization, emergency ambulance service, and expensive prescription medications. In general, an OSHC covers the following expenses: Hospitalization bills and treatment cost Out-patient emergency hospital treatment Emerge...

Finding the right 485 visa health insurance is crucial before you arrive in Australia on your study visa. The right health insurance for 485 not just helps you cover healthcare expenses away from home, but also fulfil the requirement of getting approval for your student visa as per the directives of the Australian Ministry of Home Affairs.  We, at Budget Policy, are right there with you round-the-clock to ensure you choose the right cover at the right price.  You are in the best-of-hands Buying and maintaining a valid 485 health insurance is necessary for almost all types of Australian visas. While the Australian Medicare provides government-funded medical treatment for permanent visa holders as well as several temporary visa holders, the 485 student visa holders normally need to have their private health insurance. Moreover, international students need to maintain valid health insurance at all times and no valid cover means their visa is liable to be revoked. Australian hea...

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...