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Choose Your OSHC Policy Smartly While Studying in Australia

The Government of Australia requires all international students to have Overseas Student Health Cover (OSHC) policy to cover their health-related expenses while staying in Australia.


People must search for the best OSHC policy provider that fits their desired coverage. However, the process can be both exciting and tiresome as there are many details a person needs to know! Remember, check in with the study abroad program to ensure one has the full scoop about what is and is not covered.


A person can save money while buying the OSHC. They need to explore more and look for companies such as Budget Policy (a third-party company) that provide the OSHC policies at the best prices compared to market prices.


As mentioned above, there is an option to get OSHC much affordably. Through Budget Policy, a portal offers OSHCs and OVHCs at the most reasonable prices. All the health cover policies available on Budget Policy are from recognised healthcare providers and are entirely compliant with all the visa conditions.


OSHC Compare and Research


  • One needs to know what kind of insurance they can have or check out the options. It is not always a case to take the cheapest premium policy, so look around, and OSHC compares as many policies as possible.
  • Some considerable things include the benefits covered, what is excluded from the policy and the maximum amount that will go towards the benefits.
  • Some primary benefits of OSHC policy include doctor fees, hospital fees, prescripted medicines and emergency medical evacuation.
  • If not sure where to compare and buy the policy, a person can contact one of the most trusted and renowned health insurance third-party companies (Budget Policy) and can clear all their doubts.


Best Health Insurance Policy Providers


Budget Policy offers OSHC policies at the best price in Australia because of its direct association with recognized healthcare providers.


Budget Policy, a third-party company, believes in providing high-quality services to its clients with the best price health insurance in Australia. They offer options that people can compare OSHCs and buy according to their preferences. It has become one of Australia's top health insurance policy providers. Here are some world-best health insurance providers they are associated with.


  • BUPA - It is an international healthcare company based in the United Kingdom since 1947.
  • nib Group (formerly Newcastle Industrial Benefits) - It is one of Australia's largest health insurance providers. The company was established in 1952.
  • Medibank - It was established in 1976 as one of Australia's private health insurance providers.
  • ahm - The ahm providers were established in 1971 as a part of Medibank. The ahm providers offer OSHC policies at affordable prices.




As per the Australian Government guidelines, a student visa holder must have the OSHC policy before arriving in Australia and follow the conditions below.


  • A person must fulfil the requirement of a student visa.
  • The Australian Government, through the Department of Immigration and Citizenship, mandates all student visa holders to have an OSHC policy during their stay in Australia.
  • A student visa holder must maintain visa condition 8501.
  • An overseas student does not maintain their OSHC risk of having their visa cancelled.


Criteria – OSHC Policy Length


A student visa holder and their dependents must hold an OSHC policy; the policy commences after the arrival of the visa holder and a minimum of two weeks before the course starts. The OSHC policy length depends on the course duration; see below the given criteria.


  • The OSHC policy is valid for two months longer than the course ends; if the course duration is ten months or longer and completed any time between January and October.
  • Suppose the duration of the course is ten months, and it completes during an Australian academic year (between November and December); the OSHC policy length will generally grant till March of the following year.
  • If the course duration is under ten months, the OSHC policy length will only be one month longer than the course.


Outstanding Customer Service – Budget Policy


  • Budget Policy is renowned for its top-notch customer services. It has a dedicated team of experienced insurance counsellors guiding people to buy the best possible OSHCs and OVHCs. Furthermore, the team ensures the clients get their policy covers within 24 hours (except on public holidays and weekends).
  • Budget Policy offers an exceptionally affordable OSHC policy because of the high volume of students from India for Australian student visas.


Help to Choose Start Date ()

Start Date
  • For offshore students, policy start date must be at least 8 DAYS PRIOR TO THE COURSE START DATE.
  • If you are switching from another OSHC provider, choose the start date as very next day of previous OSHC expiry date. In order to keep your visa valid, you must be covered for OSHC continuously without any gap.

Help to Choose End Date ()

End Date
  • Insurance policy end date must be at least 2 MONTHS after the COE END DATE.
  • If the course is ending in November or December, choose OSHC end date as 15TH MARCH OF the next year.