OSHC! Are you aware of this acronym? OSHC stands for Overseas Student Health Cover which is the health insurance plan for international students who are planning to study abroad. But why do you need an Overseas Health Insurance Cover?
Talking about Canada (other countries have similar norms), the country doesn’t sponsor free health insurance for international students but there are private health insurances offered based on the provinces and place the student studies in.
There are other reasons for international students to get Overseas Student Health Cover. They are,
Despite having medical insurance, you need to pay a smidgen from your pocket while experiencing a medical emergency entitled as tax and deductibles. However, it’s going to be a lot less when compared to bearing the expenses without medical insurance. For instance, a normal MRI would cost you an arm and leg. Yes, it would be anywhere between CAD 900 and CAD 2400.
Not having a health insurance plan might cost you high doctor consultation charge and this is because insurance companies have tie-ups with doctors on claiming which you could be charged a lot less! For that, you should have an active insurance plan.
Some of the standardized features of OSHC include,
Students health insurance plans frequently cover existing wounds, emotional wellness, sports injuries, maternity costs, hospitalization, and medicines.
Excluded family coverage
These health cover plans are specially for students which means any of these plans are not included for family members’ medical coverage.
If family members are planning to travel together with the student to Canada, then the plan would cost higher to cover both the student and the family member.
Travel medical plan is best suited for the family member accompanying the student.
International student medical insurance plans give understudies protection that covers throughout their studying period. This helps students as they just need to buy a solitary insurance plan for the whole term of their residence.
Lower Insurance Premiums
since understudies are youthful and sound, the charges for their insurance plans are more moderate. The instalment of these charges can be separated and paid all through the span of their time in Canada.
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