You can choose to take out OSHC with your institutions provider, or with any of the five Australian OSHC providers. You can compare all providers in the market at our website oshcaustralia.com.au. If you have already purchased your OSHC, you can transfer to another OSHC insurer at any time.
You are required to pay your OSHC in advance to get “visa-length cover” for the entire period you are intending to study in Australia. In this case, you will receive a pro-rata refund for the remaining cover you have. To obtain a refund you must provide proof to your previous insurer that you have a valid policy with a new OSHC insurer that overlaps the period covered by your previous OSHC insurer. Depending on the terms of your policy, you may incur a fee for cancelling your insurance. That sounds like a great topic for another Blog post… Keep your eye out for that post! When transferring to a new OSHC insurers, any periods of membership served with one OSHC insurer will count toward waiting periods with your new OSHC insurer, providing there is no lapse in membership. If you would like to know more about switching your OSHC insurers and potentially how much you could get back in a refund, please visit our website oshcaustralia.com.au.