ARMENIA: Medical insurance, mandatory from 2013

Health insurance could become mandatory in Armenia next year, according to statements given by Armen SHAHINYAN, representative of NAIRI Insurance, to website ArmInfo. He said that people that have health insurance policies belong rather to the well-off social group. So, it is necessary to launch mandatory health insurance so the whole population can afford to insure their health.

"I cannot say precisely when the law on compulsory health insurance will be adopted in Armenia, it might be in 2013, but I can say with confidence that mandatory health insurance will be introduced by all means". He also added that mandatory health insurance is the most effective instrument to solve the problems in the medical system.

According to ArmInfo, only 5-10% of the population in Armenia have health insurance.

In January 2012, in Armenia was introduced a social package for 120,000 state employees working at various state organizations. This social package consists of 4 components worth totally AMD 132.000 (EUR 275): voluntary health insurance, leisure and/or studies annual leaves and mortgage loans. The first component is the voluntary health insurance, which has a basic value of AMD 52.000 (EUR 108), which does not cover full treatment, the reason why insurance companies offer individual medical packages.

In 2011, GWP in health insuarance increased by 25.1%, to AMD 1.5 billion (about EUR 3 million). The share of health insurance in total gross written premiums was 6%.

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