The State Agency for Compulsory Health Insurance (CHI)will not only have a working device, but also regional administration. This is possible according to the decision №301 of the Cabinet of Ministers, which approved the amendments to the decision "On the administrative department the classification" and the Regulation on its activities.
The bill "Compulsory Health Insurance" was developed in 2006 with the participation of experts of the World Bank Group (WBG) and submitted to the Cabinet of Ministers of Azerbaijan. Prior to this a document with the same name was adopted in 1991, and also remained on the shelf.
The main task of the CHI is to shift the burden of medical expenses from the patient to a specialized agency. The actual implementation of this type of insurance requires a conceptual approach to the solution of many issues: funding sources of the CHI system (it may be the state budget and compulsory contributions to the CHI Fund), the scope of the basic package (guaranteed minimum of free services), the approval of the treatment algorithms that determine the cost of medical services, the rationalization of logistical and human resources, and many other issues, without which the implementation of the CHI is not possible.
According to experts, in Azerbaijan, after the transition to the CHI, should operate an integrated scheme of compulsory and voluntary health insurance. Everyone should be able to expand the basic package, including additional terms in its coverage, as well as a choice of the number of private clinics. And it also requires voluntary medical insurance. Moreover, if the CHI covers some of the basic services, the cost of the policy LCA can be reduced in the equivalent. And this in turn can increase the number of people willing and able to afford voluntary health insurance. It is known that today the number of people insured by this kind does not exceed 1% of the population. So the possibilities of health insurance are not developed enough. --17D-
Economics
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This year, the plans of the Australian holding Fortescue Future Industries (FFI) for developing "green" projects in Azerbaijan have been adjusted, though negotiations initiated two years ago are ongoing, an informed source told Turan.
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Azerbaijan’s Milli Majlis approved in the first reading on Monday the draft budget of the State Social Protection Fund (SFS) for 2025, projecting a deficit-free financial plan with revenues and expenditures balanced at 7.676 billion manats, a 10.45% increase from the previous year.
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Azerbaijan appears poised for a notable economic shift in 2024, according to projections from the European Bank for Reconstruction and Development (EBRD). Inflation, a persistent thorn in the side of policymakers in 2023, is set to cool significantly, with the average annual rate expected to fall to 3.5%, compared with a high of 8.8% last year. Yet, as inflation moderates, the country's current account surplus—an indicator of its external economic strength—is forecast to narrow slightly, dropping to 8.5% of GDP from 9.9%.
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Azerbaijan's vegetable and fruit exports dropped in the first ten months of 2024, with physical weight down 4.1% and value falling 1.7% compared to the same period last year, according to the State Statistics Committee. Key export products, including potatoes and hazelnuts, saw significant declines, while apples, persimmons, and tomatoes showed modest gains.
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