Compare & Choose the Best OSHC and OVHC Plans
Migrating to a foreign country is not everyone’s cup of tea. It can exhaust you to an extreme level. You have to take care of many things from fulfilling visa requirements to ensure correct documentation and keeping up with the country’s laws and regulations.
International students in Australia have to keep in mind certain things like enrolled in a course at a renowned university, having sufficient funds to support their stay, buying the right health cover, and other relevant documents.
Likewise, international visitors have to do the same for applying for a visitor (or working visa) in Australia. Having adequate health cover for international students and visitors is a must, which is where Overseas Student Health Cover (OSHC) and Overseas Visitor Health Cover (OVHC) come into play.
These health covers are important to ensure peace of mind and shred the financial burden off the shoulders throughout the stay in the country as the Australian healthcare system is expensive, despite of providing world-class facilities.
Therefore, to simplify the process of buying the right health cover, we have come up with best solution – compare and buy from top providers. The following blog is a comprehensive guide to compare OSHC plans and OVHC plans.
Overseas Student Health Cover: Meaning
OSHC - Overseas Student Health Cover is a health cover for international students that supports their medical expenses for the time they are in the country.
Overseas Visitor Health Cover: Meaning
OVHC - Overseas Visitor Health Cover is a health cover for international visitors that supports their medical expenses for the time of their stay in the country. Various visa categories fall under OVHC, such as:
• Visitor Visas
• Bridging Visas
• Working Visas
• Working Holiday Visas
Compare & Buy the Best OSHC and OVHC in Australia
1. Understand Your Needs: Start by finding what exactly your health needs are. You can begin by considering your visa length – 2 years, 3 years, or more. Followed by, your medical history, if any. International students must check if their university demands any specific health requirements to fulfil. If yes, then you must consider those too.
2. Coverage Essentials: Now that you have understood your needs, start looking for the cover that satisfies all of those. It is more important to buy a cover that is worth it than to spend dollars on something truly useless. A general/basic health cover (OSHC and OVHC) includes the following –
• Hospitalization
• Doctor visits
• Prescription medications, and
• Emergency ambulance services
3. Price Comparison: When you have decided the plan, you want to buy, start comparing it with top providers. This will help you find a cover that completes your health needs as well as fits best within your budget.
4. Provider Reputation: Now let us say, you have shortlisted a couple of providers to choose form. Looking at just their prices will not do enough. You should also look at their reputation and success rate. Remember, the more the goodwill and success rate, the better.
5. Policy Exclusions and Limitations: Ask your OSHC or OVHC provider to let you know what all health and medical services are included and excluded in your coverage. Focus on the waiting periods too. Waiting periods is the time gap from the day you buy the plan to the day you claim our coverage. As much clarity you will have about your coverage, it will be easier for you to cope up at your time of need.
6. Additional Benefits and Services: Are there any additional medical advantages that you may get with your OSHC or OVHC plan? Ask your provider. Along with it, ask about any hidden costs too. This will help you from being in a confusion later. You can also include extra coverage within your existing plan to enhance your health insurance. Extras simply mean better coverage.
Conclusion
In conclusion, finding out the best OSHC or OVHC plan is a huge task. You have to be completely aware of all that goes in and out. From understanding your health needs to finding the plan that satisfies them, knowing about inclusions and exclusions, extras, waiting periods, claim process, and more.
With Budget Policy by your side, you can easily compare OVHC and OSHC from top providers and get a chance to save big on your pocket. Our expert team will guide you through the process. Get in touch with us today and let us take care of your health and overall well-being.
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