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11 | 03 | 19
03 | 19

How Much Does OSHC Cost?

Students coming to study in Australia must buy an OSHC policy for the entire length of their student visa, which can range from 1 year to 5 years. You might think that a 3-year policy, for example, would cost three times as much as a 1-year policy, but it probably costs more. The premium costs per year for a policy can increase for longer student visas.

This image shows the average cost of an OSHC policy for different lengths of student visa, based on the policy of Allianz Global Assistance OSHC.

The reason that a 4-year policy, on average, costs more than five times the price of a 1-year policy is not clear. It may be that the average person studying in Australia on a visa is more likely to require hospitalisation if they stay in Australia for a longer period of time.

Your OSHC policy may not pay for the whole bill from your doctor or the hospital. The portion of the bill that you pay is called the “gap” or “out of pocket expenses”. But you do not have to pay any “excess” for the cost of being admitted to hospital – so there is no amount that you automatically have to pay when you make a claim with your OSHC insurance.

Have a question?

We are just a call away +61 2 8123 0900
We could also be contacted at info@oshcstudents.com to assist you with any of your OSHC enquiries.

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Baek Ah Yeon

I trust Allianz Care since it is one of the largest insurance companies in Australia, with the medical centres where I only have to pay for what is left from insurance support. (no need to claim later). Besides, those centres are located at the centre of the city, close to schools. Very convenient, right? Credits to Allianz Care for providing reliable medical centres for health check and treatments.

Baek Ah Yeon | University of Queensland

Ariella Pei

I’ve been living with homestay family for 2 years. I’m now 19, I can move out but I don’t want to leave my host, who has become my family. It feels like I’ve met my second family. Thanks OSHCstudents for sending me to this homestay!

Ariella Pei | University of Canberra

Chatchawat Paton

I realised how important insurance was when I started living in Australia. There I switched to using Allianz Care instead of the previous service. Allianz Care is extraordinarily good in its consulting service and customer care. I’ve learned a lot about Australian health care, also I was consulted with mental issues and how to live a healthy lifestyle. I am very happy now.

Chatchawat Paton | Torrent University

Xiaoyu Cheng

Thanks to Allianz Care, every time I claimed my medical receipts it processed much more quickly and easily than I expected. I was initially a bit concerned since Allianz Care is more expensive than other insurance companies, but now I can ensure that it is totally worth the money.

Xiaoyu Cheng | Monash University

OSHCstudents Services


  • PTE Platform
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  • King Education
  • North Sydney College English
  • NIB
  • HCC
  • Global Experience
  • Bupa
  • Vodafone
  • OVHC Iman
  • Allianz
  • Medibank
  • AHM