Medibank OSHC

Last updated: October 27, 2026

Medibank is a major Australian OSHC provider, ASX-listed. Essentials OSHC product available on Edvisor for Australia-bound students. Worldwide recruitment markets.

Medibank is one of Australia's largest private health insurers, with 40+ years of experience and 3.7 million customers across Medibank and ahm brands. Listed on the ASX (MPL).

Available on Edvisor

  • Recruitment markets: Worldwide.

  • Destination market: Australia only.

  • Product: Essentials OSHC. Single policy, Australian visa-compliant.

Why Medibank

  • One of the largest OSHC providers by member count.

  • Comprehensive hospital and medical cover with PBS prescription benefits.

  • Direct integration with Edvisor.

Medibank Essentials OSHC: coverage

Medibank Essentials OSHC is the Australian visa-compliant student health cover product available on Edvisor.

Hospital cover

Pays towards admitted hospital services as a private patient. Out-of-pocket may apply above benefit amounts.

Medical cover

Service

Medibank pays

In-hospital medical (surgeon, anesthetist)

100% MBS fee

GP consultations

100% MBS fee

Out-of-hospital specialist, pathology, x-rays

85% MBS fee

Allied health with MBS item number

Per MBS schedule

Assisted reproductive services

Excluded

Prescription medicine

  • Member contribution: $30 per item.

  • Medibank pays: up to $70 per item.

  • Annual limit single: $300.

  • Annual limit couple/family: $300 per member, $600 per membership.

  • Only covers prescription-only medicines from a doctor for treating illness/injury.

  • Excludes contraceptive or cosmetic prescriptions, plus excluded service prescriptions.

Annual limits

Maximum benefits payable per member or membership per calendar year (Jan 1 – Dec 31).

Waiting periods

Waiting periods apply to new Medibank Essentials OSHC members.

No waiting period

  • Ambulance services.

  • Out-of-hospital medical (GP consultations).

  • Prescription medicines.

  • Hospital psychiatric services (including pre-existing).

  • Hospitalization for non-pre-existing conditions.

12-month waiting period

  • Pre-existing conditions (signs/symptoms in 6 months prior to joining).

  • Pregnancy and birth.

Switching from another OSHC fund

If the student joins Medibank Essentials OSHC within 2 months of leaving another Australian OSHC, and has already served the waiting period for that service, they may not need to re-serve it.

How to access

If not yet connected, contact the Edvisor account manager to enable Medibank on the account.