IMAN Australian Health Plans Pty Ltd is Australia’s older 457 visa health insurance specialist brand with 17,000 policy holders.
IMAN has always had low prices for their budget policies and as of 12/05/2015 offer budget cover starting from $74.53 per month.
The $74.53 monthly price is not available for all overseas visitors with questions asked in the application process impacting the final price of the policy.
For example, some older overseas visitors may be quoted $102.33 per month.
It was based on the fact that IMAN does not have universal pricing unlike a fund such as Frank that IMAN didn’t receive a higher score for 457 health insurance price competitiveness.
IMAN are one of the few 457 visa health insurance companies that doesn’t charge an excess for hospital admissions. They cover overseas visitors for 100% of hospital accommodation & treatments during the stay.
The policy pages for 100% of the costs of most treatments with lower benefits for gastric banding, pregnancy and palliative care.
Their is no coverage for assisted reproductive, organ transplants and bone marrow procedures.
Please note that standard waiting periods may apply, especially for pre-existing conditions.
All of IMAN’s 457 health insurance policies have public & private hospital cover.
The reason that IMAN didn’t achieve the maximum score in the area of private hospital is because:
If you are treated in a private hospital that does not have an agreement with IMAN/NIB you will receive benefits at the level determined by the department of health. This may leave you with significant out-of-pocket expenses so an insurer like Frank may be your preferred option.
Unlike other health funds such as HIF, IMAN does not allow policy holders to mix and match their cover.
This means that if you for example choose their budget visitor cover hospital policy, you can not add extras such as dental and optical cover. As these elements are the most frequently claimed by most individuals, this limitation may lead you to consider another Australian 457 visa health insurance company.
All prices quoted for IMAN on their main pages are ‘from’ prices. This means that once you private all your information the actual price may increase.
For many individuals, couples and families therefore the final price may be significantly higher then the starting price and other funds may offer more competitive prices.
As highlighted earlier, IMAN does allow you to be treated in any Australian hospital but if you don’t get treated in an IMAN/NIB agreement private hospital you may have significant out-of-pocket fees for your stay.
It’s recommend that you research where you will stay in Australia and the surrounding hospitals to understand if a suitable ‘agreement’ hospital will exist within close proximity.
IMAN have historically had a strong reputation and reviews and a specialist of overseas visitor health cover.
IMAN 457 health insurance is a subsidiary of NIB Health Funds. For all NIB 457 health insurance enquiries the applicant should instead contact IMAN health insurance.
As an overseas visitor health cover specialist, IMAN offers great value 457 visa health insurance that:
The key to working out if IMAN is right for you is to investigate if when you move to Australia you will live close to one of their agreement hospitals for treatment.
You should also make sure you actually go near the end of the application form to see the final price as the prices quoted are ‘starting’ prices which may increase due to your age etc.
If you find the final price is too high or that agreement hospitals don’t surround your location, you may want to consider Frank if you want private hospital cover or HIF if you prefer public hospital cover with no excess.
The 457 health insurance comparison table and Frank review above was made in May 2015 after the most recent wave of price rises were implemented. The information all came from fact sheets provided on the Australian health insurance companies fact websites. As this information was manually collected there may be outdated information as providers may update their policy details without notice. As this website sends all users to these Australian health fund websites the authors strongly recommend you view their product disclosure information first before making your final decision.
If you have suggestions of changes needed or improvements, please use the contact form to contact the owners of the site.IMAN is rated 3.1 stars by 20 customers.