Expenses payable that exceed the equivalent of the current Pharmaceutical Benefits Scheme (PBS) patient contribution:
The Australian Government requires that you have continuous OSHC for the entire length of your stay in Australia unless an exception applies. So when you purchase OSHC, you will need to pay your policy premium upfront to cover you for the length of the student visa you are applying for.
*If you hold a secondary student visa, you must be insured under the same policy as the primary student visa holder. You are only eligible to hold a single OSHC policy if you are the primary visa holder.
The Medicare Benefits Schedule (MBS) is a list of medical services (e.g. a standard consultation with a GP or surgery in hospital) subsidised by the Australian Government with a fee (known as a ‘Schedule fee’) payable for each item.
The Schedule fee is the amount the government considers appropriate for one of these services and determines the amount that Australians receive when they claim a medical service through Medicare.
A waiting period is the time you need to wait before a benefit is available. Some costs, such as medical expenses relating to a pre-existing condition, are not covered during your waiting period. You can claim for benefits available on your policy for expenses incurred after the waiting period has ended.
The waiting periods will differ depending on which OSHC policy you have purchased.
The waiting period is calculated from:
whichever is the later date.