It is noted that the health market growth is supported by an increase in the number of insured - over 1.13 million policies, which is 15.4% more than in 2023, and, as a result, an increase in claims paid by 14%, amounting to GEL 358.7 million (~EUR 122.39 million). Health insurance currently occupies about 42% of the Georgian market.
The Universal Healthcare Program (UHC) plays a key role in the healthcare system of Georgia. In 2024, UHC funding remained robust at GEL 1.04 billion, accounting for 51% of total healthcare expenditure—still above pre-pandemic levels. However, statistics show that a significant portion of health care costs are still paid directly by citizens (out-of-pocket expenditures), which creates a high financial burden on the population, the source writes.
According to the national health strategy, by 2030 it is planned to reduce the share of direct costs to 25% by expanding public funding, increasing coverage of insurance programs and strengthening the primary health care system.
* 1 EUR = 2.9306 GEL (December 31st, 2024)
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