Compare your OSHC options and see if Allianz Overseas Student Health Cover is right for you.
Allianz is a trusted name in the insurance industry, taking care of the insurance needs of millions of people in Australia and around the world. Allianz Global Assistance provides health cover to international students studying in Australia through its Overseas Student Health Cover (OSHC).
As a condition of their student visas, international students must have OSHC for the entire time they are in Australia and Allianz OSHC provides them with access to both in- and out-of-hospital medical services. Allianz Global Assistance is the preferred provider for more than 70% of Australian universities. This guide looks at what Allianz OSHC has to offer and what sets it apart from other similar insurance products.
What does Allianz OSHC cover?
Allianz Global Assistance OSHC provides the following cover for students:
- Out-of-hospital medical services. Allianz will pay 100% of the Medicare Benefits Schedule (MBS) fee for medical services such as GP visits and 85% of the MBS fee for other services such as specialist visits, pathology and radiology.
- In-hospital medical services. Allianz will pay 100% of the MBS fee for in-hospital medical services, 100% of the OSHC rate (varies by state) for shared-ward public hospital accommodation, same-day services, accident and emergency and outpatient medical and post-operative services and 100% of insurable costs in a contracted private hospital with a minimum of shared-ward accommodation.
- Prescription medication. Allianz will pay a benefit for expenses exceeding the Pharmaceutical Benefits Scheme (PBS) patient contribution limit up to $50 per prescribed item and up to a maximum annual amount of $300 for singles and $600 for families.
- Surgically implanted prostheses. Allianz will pay 100% of the cost of items that appear on the Federal Government’s Australian Prostheses list.
- Ambulance services. Allianz will pay 100% of the cost of ambulance transport by an approved ambulance service for admission to hospital or emergency treatment only.
Allianz Global Assistance OSHC does not provide cover for any of the following:
- Ancillary services. Allianz will not cover procedures provided by dentists, optometrists, physiotherapists, osteopaths, chiropractors or naturopaths, etc.
- Non-PBS medications. There is no cover for any pharmaceuticals not prescribed by a doctor or included on the PBS.
- Gaps and co-payments. Gap cover provides a benefit for any amount payable by you due to the provider charging more than the MBS fee.
- Additional service fees. Allianz will not cover any extra fees charged by a doctor or hospital that are not covered by your policy.
Eligibility, general exclusions, waiting periods and excesses
Now let’s take a look at Allianz OSHC in more detail:
- Eligibility. To be eligible for cover under Allianz OSHC, you must be an international student on a student visa (or applying for one) or an eligible spouse, de facto, child or stepchild of an international student.
- General exclusions. Benefits are not payable for IVF and assisted reproductive services, treatment outside Australia, treatment arranged prior to arrival in Australia, transport into or out of Australia, treatment covered by other entitlements and elective cosmetic surgery.
- Waiting periods. Waiting periods must be served for pre-existing medical conditions (12 months), pregnancy-related conditions (12 months) and pre-existing psychiatric conditions (2 months) unless deemed an emergency, in which case waiting periods may be waived.
- Excesses. No excesses are payable under Allianz OSHC.
Are there any additional benefits?
As well as providing cover for both in- and out-of-hospital medical services, Allianz OSHC offers students the additional benefit of OSHC Extras Cover to help pay for ancillary services such as dental, optical, physiotherapy, chiropractic and osteopathic services.
Does Allianz OSHC offer a loyalty benefit?
Allianz OSHC believes in rewarding its members for continuing to maintain their policies. Loyalty benefits begin at 25 months, after which time single policyholders can receive a $50 discount and families can receive a $100 discount. After retaining your policy for 36 months, singles receive a discount of $75 and families receive $150 and after 49 months the discount rises to $100 for singles and $200 for families.
Making a claim
Allianz Global Assistance provides three easy ways to make a claim on your OSHC policy:
- Submit a claim form. Download a claim form, complete it, attach the relevant documentation (eg, doctor’s bills) and post it to Allianz Global Assistance.
- Claim online. Head to the OVHC site and click on “Students”, enter your details and select file a claim.
- Claim in person. If you have already paid for treatment, take your invoice to your local Allianz Global Assistance representative, who will process your claim and give you an Australia Post voucher, which you can redeem for cash at any Australia Post outlet.
Q. Who doesn't need OSHC?
- A. Belgian, Norwegian and some Swedish students don’t need to purchase OSHC as they are covered for medically necessary treatment under their country’s Reciprocal Health Care Agreement (RHCA) with Australia.
Q. When does a waiting period commence for a pre-existing condition?
- A. Waiting periods begin from the day you arrive in Australia on a student visa.
Q: How much does Allianz OSHC cost?
- A. The cost will depend on the duration of cover required and the level of cover you opt for (ie, whether you purchase extras cover as well).
Q. What happens if I need treatment while I’m in Australia?
- A. If it’s not life threatening, simply make an appointment with a GP. If you need emergency treatment you should call an ambulance or go to the emergency department of the nearest hospital. You should also call your OSHC insurer to make sure your policy will cover you for that admission.
Q. Can I take out OSHC with an overseas insurer?
- A. No, it must be with an Australian registered private health insurer. This is because the Australian Government regulates Australian insurers and would not be able to protect your interests in the same way with an overseas insurer.
Q. I am leaving Australia and my OSHC has not yet expired. Can I get a refund?
- A. Yes, you can apply in writing for a refund of the unexpired portion of your premium if you are ceasing your studies and leaving Australia prematurely for reasons beyond your control.