MINIMUM INSURANCE REQUIREMENTS.

DIAC impose the following minimum insurance requirements. This obligation was effective 14 September 2009; applying to all 457 visa applicants.

Additionally DIAC will require proof of insurance in the form of a letter from your insurer before they will issue your Visa.

The health insurance policy provided must meet certain minimum criteria which include :

 

	Minimum policy limit of AUD$1,000,000
	Public hospital in-patient treatment covered at 100% of cost, including maternity.
	Related medical out-patient benefits at 100% of Medicare scheduled fee.
	Pharmacy - all PBS* listed drugs that are prescribed according to the PBS approved ..indications, that are administered during and form part of an admitted episode of care.
	Ambulance services – 100% of the charge.

* Pharmaceutical Benefits Scheme (PBS) is Government subsidised medicines being specific to Australia.

• A waiting period or excluded period of the first 12 months applies for pregnancy conditions as well as pre-existing conditions. A waiting period or excluded period of 2 months applies for psychiatric, rehabilitation and palliative care.

Excluded Is - IVF, elective cosmetic treatments, bone marrow and organ transplants and services where an Australian medicare item number applies.