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Insurance Comparison 2026

Bupa OSHCvs.Medibank OSHC

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

✓ Based on official policy documents ✓ Updated March 2026 ✓ Independent comparison
Feature Best Coverage Bupa OSHC View Details Medibank OSHC View Details
Pricing
Monthly price (single)
~AUD 64
Annual price (single)
AUD 769
Couple (annual)
AUD 4,856
Family (annual)
AUD 11,163
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 70/item
Annual medication cap
AUD 500/yr
Waiting Periods
Mental health (pre-existing)
None
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 + App
Hospital network
Largest hospital network
Visit Medibank OSHC →
Medibank OSHC View Details
Pricing

Monthly price (single)

~AUD 63
~AUD 64

Annual price (single)

AUD 760
AUD 769

Couple (annual)

AUD 5,026
AUD 4,856

Family (annual)

AUD 11,500
AUD 11,163
Out-of-Hospital

GP visits

% of Medicare Benefits Schedule

100% MBS
100% MBS

Specialist cover

100% MBS
85% MBS

Pathology & X-rays

100% MBS
85% MBS
In-Hospital

Hospital A&E

Which hospitals covered

Public/agreement only
All hospitals

Ambulance

Prescriptions

Medication limit

Per prescription item

AUD 50/item
AUD 70/item

Annual medication cap

AUD 500/yr
AUD 500/yr
Waiting Periods

Mental health (pre-existing)

Waived
None

Pre-existing conditions

12 months
12 months

Obstetrics

12 months
12 months
Extras & Digital

Online doctor

Blua (free)
No

Dental/Optical extras

Optional add-on cover

Optional add-on (dental, optical)
Not available

Claims portal

Online + App
Online + App

Hospital network

Wide network — many uni partnerships
Largest hospital network

Frequently Asked Questions

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.
Yes, Bupa has waived the standard 2-month mental health waiting period for pre-existing conditions until further notice. This means immediate access to mental health services from day one.
Bupa offers the most comprehensive OSHC with 100% specialist cover, free online doctor, extras availability, and waived mental health wait. At AUD 760/year (AUD 63/month), it's only AUD 137 more than the cheapest option (ahm) per year.
Medibank covers up to AUD 70 per prescription item, while all other OSHC providers cap at AUD 50. This means lower out-of-pocket costs for expensive medications.
Medibank (and ahm) cover emergency treatment at all hospitals — public and private. Other providers only cover public hospitals or those with prior agreements, which could matter in emergencies.
No, Medibank has no waiting period for mental health services. You can access psychiatric and psychological care from day one of your coverage.

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