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How Overseas Students Get Health Insurance Policy

Health insurance is one of the mandates these days. When it comes to Australia and other developed nations, every individual must have health insurance. The healthcare system has been developed in a way that the individual is cared for either by the state or by the insurance agency.

While there is Medicare on one side for citizens and permanent residents in Australia, all the international students, tourists and other category of people on the other side take care of their healthcare expenses through respective health insurance policies.
Health insurance has been deemed mandatory for temporary entrants so that they do not become a liability on state-owned healthcare schemes, and take care of their health-related expenses on their own. This is the reason all the international students entering Australia must get a health insurance policy that covers them while their stay in the country.
Here are some of the ways the overseas students get their health insurance policies.

Directly Through the Agents

Most of the migration agents/agencies who help the students with their visa services also help them getting OSHC. The students generally get all the services bundled and pay in lump sum.

The insurance they get may have some conditions attached to it, and may/not cover them fully from all the illnesses, if inflicted.
It is suggested that the students be informed and take the right decision by checking the policies and buying the one that suits their visa.

Online – Directly Through Providers

This is one of the simplest and most convenient methods to buy OSHC for overseas students. All you need to do is visit online to insurance provider’s website, fill in your details and buy the policy.

However, one of the downsides of this method is that you do not get to compare the prices and features of OSHC that you buy. You tend to miss out on discounts and offers, if any.

A smart buyer would, of course, compare different policies and choose the one that suits him/her the best.

Compare and Choose

This is one of the preferred and suggested ways to buy OSHC. This method allows the potential buyer to compare between the prices and features of most of the policies valid for their visa.

The buyer can choose for individual, couple or even family OSHC. In addition, they get additional discounts and offers, if applicable.

There are portals that provide discounts on OSHC policies from renowned providers and also let the buyer compare prices and features from all the providers. One such portal is www.budgetpolicy.com.

The portal offers discount of up to 48% on OSHC policy! Imagine paying less for your OSHC!
All you need to do is hop on to the portal and fill in your details, and it will showcase all the valid policies based on your criteria, along with their prices and features! Simply choose the one that suits you, and you’ll get it in your inbox within 24 working hours.

One can even renew the health policy from this portal and still get huge discounts.

It is always suggested to double-check the prices and features when looking to buy OSHC for couples or family. The exercise helps you save a lot of valuable money while providing the same benefits.


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.