Cheapest 485 Visa Health Insurance
As a holder of the Temporary Graduate visa (subclass 485), you're required to maintain adequate health insurance for the duration of your stay in Australia, as stipulated by visa condition 8501. This is typically fulfilled through Overseas Visitors Health Cover (OVHC), which provides essential medical coverage.
While health insurance is mandatory, there are budget-friendly options available that comply with visa requirements. This guide highlights some of the most affordable OVHC plans for 485 visa holders.
| Provider | Plan Name | Monthly Premium* | Key inclusions |
|---|---|---|---|
| Allianz Care | Budget Working Cover | $69.70 | Hospital cover with $500 excess |
| Medibank | Overseas Workers Base Hospital | $67.90 | Basic hospital cover, emergency ambulance |
| nib | Basic Hospital Cover | $67.17 | Hospital cover with emergency ambulance |
| Bupa | Essential Lite Visitors Cover | $99.88 | Hospital cover with $500 excess |
| AIA | Overseas Workers Base Cover | $63.00 | Hospital cover with $750 excess |
WHAT TO CONSIDER WHEN CHOOSING A BUDGET PLAN
- Compliance with Visa Condition 8501: Ensure the plan meets the minimum requirements set by the Department of Home Affairs, Australia.
- Coverage Scope: Basic plans typically include hospital treatment and emergency ambulance services. Additional services like GP visits or pharmaceuticals may not be covered.
- Excess Amount: A higher excess can lower your premium but may result in higher out-of-pocket costs during claims.
- Policy Duration: Choose a policy that covers the entire length of your 485 visa.
TIPS FOR FINDING THE CHEAPEST HEALTH INSURANCE
- Compare Multiple Providers: Use comparison websites to evaluate different plans and find the best deal. One of the best comparison websites is www.485visainsurance.com.au
- Check for Discounts: Some providers offer discounts for paying premiums upfront or setting up direct debits. Some providers offer 6 weeks or 8 weeks free. Always read Terms & conditions.
- Consider Your Healthcare Needs: If you anticipate needing additional services, a slightly higher premium plan with more comprehensive coverage might be more cost-effective in the long run.
COMMON FREQUENTLY ASKED QUESTIONS
Q1: Is health insurance mandatory for all 485 visa holders?
Yes, maintaining adequate health insurance is a requirement for all 485 visa holders and their dependents.
Q2: Can I switch my health insurance provider during my stay?
Yes, you can change providers but ensure there is no gap in coverage to remain compliant with visa condition 8501.
Q3: Are there any penalties for not having health insurance?
Yes, failure to maintain adequate health insurance can lead to visa cancellation or refusal of future visas.
OFFICIAL REFERENCES
- Department of Home Affairs – Adequate Health Insurance
- Allianz Care Australia
- Medibank Australia
- nib Australia
- Bupa Australia
- AIA
WHY CHOOSE www.485visainsurance.com.au to compare 485 VISA INSURANCE?
- At 485 Visa Insurance, we make it easy and affordable to find the right insurance for your 485 visa. No matter your situation, we’ll help you find the best policy.
Meet Your Visa Requirements
- Not all OVHC insurance policies will satisfy your visa requirements, but we make things straightforward by offering a range of options that do. Simply compare the options and choose a policy that works for you.
Get your Insurance Certificate instantly
- Get things moving fast with our service. You’ll get Insurance Certificate instantly after making the payment.
Multi-lingual Support Team
- We pride ourselves on offering the best customer service around, including multilingual support if English isn’t your first language. We may help you in other languages such as Hindi, and Punjabi.