State Agency: Budget of Compulsory Medical Insurance Foundation estimated already
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  • 15:16 27 November 2019

State Agency: Budget of Compulsory Medical Insurance Foundation estimated already

The changes proposed to be made in the Law of Azerbaijan Republic “On medical insurance” are discussed at Milli Mejlis, the State Agency for Compulsory Medical Insurance told ONA.

According to the proposals, it has been envisaged that the government will allocate a compulsory medical insurance fee in the amount of AZN 90 per capita for one calendar year beginning from January 1, 2020.

Besides, it has been determined to charge compulsory medical insurance fee at the rate of 2% from a part of the wages fund amounting up to AZN 8,000 and at the rate of 0.5% from a part of the wages fund exceeding AZN 8,000 of the employers and employees working for public and oil sectors. And it has also been determined to charge compulsory medical insurance fee at the rate of 1% from a part of the wages fund amounting up to AZN 8,000 and at the rate of 0.5% from a part of the wages fund exceeding AZN 8,000 of the employers and employees working for non-governmental and non-oil sectors.

Note that it has been proposed to introduce in the country in a phased manner the compulsory medical insurance during 2020. It has been envisaged to collect compulsory medical insurance fees beginning from January 1 of the next year.

The Agency’s report said that since the administrative territory where people work under the employment contract does not coincide with the territory in which they are registered, it is almost impossible to carry out phased fundraising for compulsory health insurance. So, despite the fact that in the first quarter of 2020, compulsory health insurance will be extended to residents registered in the northern region (for example, in the Guba district), some of them work at enterprises in other regions, and in particular in Baku.

The Fund’s budget for compulsory health insurance has already been forecasted, the directions of the fund’s income and expenses have been identified. It is projected to allocate 90 manats a year from the state budget for each person (a total of 900 million manats), 229 million manats from employees and employers, and 185 million manats from other sources.

ONA

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