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Nepal to Oz: Must-Know Guide to OSHC for Students in Australia

Nepal to Oz: Must-Know Guide to OSHC for Students in Australia

Have you applied for OSHC in Australia yet? Know the perk, guides, how to apply, and the complete guide with us in the information stated below.

Why should I take OSHC cover for Australia?

Health is an important aspect of life, without which one fails to continue their vital life activities. In the provinces of Australia, you cannot claim medical expenses on behalf of health insurance from overseas insurance or even travel insurance.

One must have overseas health coverage from a registered private health insurer in Australia if they are a non-immigrant living, studying, and working in Australia. It's a government policy that regulates the health benefits and services of those living in Australia temporarily.

How do I buy an OSHC cover for Australia?

Going to an international country can be a tough choice, as it may compromise your health care needs away from your family and home country and residential rights can only be granted for proper health care in Australia if you have health insurance cover that covers you for your extended study period.

You can purchase OSHC provided by an Australian private insurance party, and with the help of a credit card, your MacroHub Counselor can help you with any other alternative payment option besides that. Your student visa is granted based on the expiration date of your OSHC; hence, make sure it covers your entire study period.

What is covered under OSHC in Australia?

Overseas Student Health Cover (OSHC) in Australia covers medical services such as emergency ambulance services, surgery, doctor visits, hospitalization, and prescription medicines. Policies generally do not include your dental fees, physiotherapy fees, or optical services, but taking an advance plan helps you cover these with extra OSHC.

An OSHC is a must to comply with study visa requirements in Australia and opt for necessary health care services. There are different criteria for calculating the duration of your OSHC; let's understand what they are in the tabular presentation.

Duration of Course Duration of OSHC (cover length)
Longer than 10 months, finishing in November or December 15 of March of the following year
10 months or longer, finishing until October An additional two months on top of the Course end date
10 months or less 1 month more than your course end date

If you are confused when calculating the start of your OSHC length, here is a guide. The OSHC policy start date shall cover the same day you land in Australia, which means you can enter Australia and live there only when your OSHC is pre-approved. Make sure that you choose at least an insurance policy that covers up to 28 days before your academic courses start in Australia.

Things to check with a Private health insurer in Australia

Whenever you are buying overseas health insurance from a private insurer in Australia, make sure you check these things with the insurer in the first place. Understanding what your policy covers and being aware of the key aspects to consider are mandatory.

1. Coverage details

International students must adhere to the OSHC length specified by the Australian government to attain a valid study permit in Australia. They also need to pay attention to coverage details. It's a plus, because the duration, your extras, and checking what services are covered can help you at uncertain times. Based on these, choose what is ideal for your case.

2. Waiting Period

The waiting period is a time that needs to elapse before certain medical conditions are covered. It's a buffer period until your services still might not be covered, even after you purchase certain health care policies from overseas. This is the period when you are liable for your medical bills and expenses, if any, even when you sanction a valid OSHC for Australia.

3. Excess and Co-payments

Understand the excess and co-payments associated with your OSHC policy. There could be a certain extra amount you are charged when making an insurance claim against your medical bills. Also, co-payments are viable, i.e., the standard co-payment set by the Pharmaceutical Benefits Scheme (PBS) for most OSHC providers is $40.30 per prescription item.

4. Claim Process

The insurance policy also mentions how one can reimburse their medical claims in times of need or emergency. Read the terms and conditions of the policy to understand what documents are required to file a medical claim, the process of filing a claim under OSHC, and the timeline under which one must reimburse their medical bill, if any.

5. Network Providers

The insured party needs to look at the list of the network of preferred hospitals, doctors, and specialists in the insurance scheme. The knowledge of a network of insurers will help you maximize your benefits and reduce out-of-pocket costs in cases of emergency medical services.

6. Annual Limits

The key aspects to consider also include the annual limits that come under health insurance. You can understand it and add extras beforehand under your insurance coverage if you find it necessary. For that, updating from a basic to an advanced OSHC can be a viable solution.

7. Policy updates

International students should be informed about any changes associated with OSHC policy in Australia. They need to ensure up-to-date information regarding emergency service coverage, and benefits and thus avoid any unexpected expenses during an emergency.

Why are excess and co-payments associated with OSHC in Australia?

You might not be aware of the excess and co-payment rules associated with OSHC cover for international students in Australia. These are designed alongside the OSHC policies for the following reasons,

  • Affordability of insurance premiums for students
  • Promote a responsible healthcare system in Australia
  • Increase student accountability for their healthcare expenses
  • Sustainable health coverage for all policyholders in Australia

What is the minimum health coverage required for bachelor's students in Australia?

All international students applying for a student visa are required by the Australian Government's Department of Home Affairs to have OSHC for the entire duration of their student visa. Since OSHC coverage is mandatory, international students should have a basic (minimum) OSHC covered for their entire study duration, with coverage of doctor visits, some hospital treatment, and limited pharmaceuticals. Every year, OSHC premium rate updates come around 15 April, and under these, the current premium ranges for basic plans are,

OSHC duration Single ($) Couples ($)
3 months 208 962
6 months 416 1,925
9 months 591 2,731
12 months 768 3,536
20 months 1,316 5,806
30 months 1,987 8,582
40 months 2,800 11,728
60 months 4,531 19,313

Here is a sample premium rate for singles and couples (dual family) who come to study Bachelor's in Australia. Stay updated on premium rate fluctuations concerning the Australian government's official website.

Why MacroHub?

MacroHub can be a trusted partner who helps you unlock your study dreams abroad, be it Japan, South Korea, Australia, the USA, or any country of your choice. It analyzes your unique study needs, matches them with the current scenario and industry job trends, and suggests a suitable study destination.

If you already have one in mind, it helps you comply with the document checklist, demonstrate proof of funds, and buy health insurance needed for overseas education. Inquire with MacroHub to book your seats for 2024–2025, preparation classes, and academic sessions.

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