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Insurance Comparison 2026

ahm OSHCvs.Bupa OSHC

An independent side-by-side comparison covering benefits, costs, and coverage details.

✓ Based on official policy documents ✓ Updated March 2026 ✓ Independent comparison
Feature ahm OSHC View Details Best Coverage Bupa OSHC View Details
Pricing
Monthly price (single)
~AUD 52
Annual price (single)
AUD 623
Couple (annual)
AUD 5,400
Family (annual)
AUD 11,000
Out-of-Hospital
GP visits % of Medicare Benefits Schedule
100% MBS
Specialist cover
85% MBS
Pathology & X-rays
85% MBS
In-Hospital
Hospital A&E Which hospitals covered
All hospitals
Ambulance
Prescriptions
Medication limit Per prescription item
AUD 50/item
Annual medication cap
AUD 300/yr
Waiting Periods
Mental health (pre-existing)
2 months
Pre-existing conditions
12 months
Obstetrics
12 months
Extras & Digital
Online doctor
No
Dental/Optical extras Optional add-on cover
Not available
Claims portal
Online portal
Hospital network
Same as Medibank (subsidiary)
Visit ahm OSHC →
ahm OSHC View Details
Pricing

Monthly price (single)

~AUD 52
~AUD 63

Annual price (single)

AUD 623
AUD 760

Couple (annual)

AUD 5,400
AUD 5,026

Family (annual)

AUD 11,000
AUD 11,500
Out-of-Hospital

GP visits

% of Medicare Benefits Schedule

100% MBS
100% MBS

Specialist cover

85% MBS
100% MBS

Pathology & X-rays

85% MBS
100% MBS
In-Hospital

Hospital A&E

Which hospitals covered

All hospitals
Public/agreement only

Ambulance

Prescriptions

Medication limit

Per prescription item

AUD 50/item
AUD 50/item

Annual medication cap

AUD 300/yr
AUD 500/yr
Waiting Periods

Mental health (pre-existing)

2 months
Waived

Pre-existing conditions

12 months
12 months

Obstetrics

12 months
12 months
Extras & Digital

Online doctor

No
Blua (free)

Dental/Optical extras

Optional add-on cover

Not available
Optional add-on (dental, optical)

Claims portal

Online portal
Online + App

Hospital network

Same as Medibank (subsidiary)
Wide network — many uni partnerships

Frequently Asked Questions

Yes, ahm is the cheapest for single students at AUD 623/year (approximately AUD 52/month). However, for couples and families, Allianz Care offers cheaper rates.
Yes, ahm is a subsidiary of Medibank. They share the same hospital network, which means ahm members have access to one of Australia's largest healthcare networks.
No, ahm does not offer extras cover (dental, optical). Among OSHC providers, only Bupa offers optional dental and optical extras as an add-on.
ahm has a 2-month waiting period for pre-existing mental health conditions. If immediate mental health coverage is important, consider Allianz Care or Medibank, which have no waiting period.
Yes, you can switch OSHC providers at any time during your studies. Contact your new provider to arrange the transfer. Coverage continues without gaps and no new waiting periods apply.
Bupa is the ONLY OSHC provider offering optional extras cover. You can add dental (checkups, fillings, extractions), optical (eye exams, glasses, contacts), and physiotherapy to your base OSHC policy for an additional premium.
Bupa covers specialist consultations and pathology at 100% of the Medicare Benefits Schedule (MBS), while all other OSHC providers only cover 85%. This means lower out-of-pocket costs when seeing specialists.
Blua is Bupa's free online doctor service available to all OSHC members. You can consult a doctor via video call through the Blua app — no appointment needed. It's especially useful for minor health issues.

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