Azeri minister urges to broadly apply health insurance
It is time for Azerbaijan to take more decisive measures in the field of compulsory health insurance, Finance Minister Samir Sharifov told media on Monday.
The law 'On Medical Insurance' was adopted in 1999, but it has
not been broadly enforced.
Medical insurance is carried out in the compulsory and voluntary
forms. Compulsory medical insurance being part of the state social
insurance provides a population with medical aid to an amount
corresponding to the program of compulsory health insurance.
Voluntary health insurance in addition to the established program of compulsory health insurance provides for medical and other public services through a contract for voluntary health insurance.
The insurance companies collected premiums worth 47.64 million manat (18.6 per cent of the total market volume) and payments worth 28.86 million manat (42.7 per cent) in voluntary medical insurance in January-September 2012.
The official exchange rate on Oct. 29 is 0.7850 AZN/USD.
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