If you are a recent international graduate applying for the Temporary Graduate visa (subclass 485), you must transition from OSHC to OVHC to satisfy Australia’s health insurance requirements. OVHC policies vary in terms of cost, eligibility criteria, and level of benefits. Generally, most plans cover medically necessary hospital treatment and contribute toward doctors’ consultation fees.

Unlike OSHC, OVHC also allows you to add general treatment cover. This option provides benefits for services delivered by private healthcare professionals such as dentists, optometrists, and physiotherapists. The policy typically covers part of these expenses, with the remaining amount paid out of pocket.

Many OVHC policies offer limited coverage for prescription medicines, making it essential to carefully select a plan that aligns with your specific needs and visa conditions. A variety of policy options are available depending on the type of visa you hold or are applying for.

It is also important to understand the difference in payment structures. OSHC is usually purchased upfront to cover the entire duration of your course and stay in Australia. In contrast, OVHC premiums are often payable on a monthly basis, offering greater flexibility.