Hungary Faces Obligatory Medical Insurance Reform
3 January 2008The parliament of Hungary has voted for the reform of the system of obligatory medical insurance (ОМI). This reform will anable private investors to act on the Hungarian market of obligatory medical insurance.
Against the reform voted 168 members of the parliament, 1 person has abstained from voting.
Parties of Hungarian ruling coalition have developed OMI reform draft, according to which medical insurance state fund should be transformed into 22 regional companies. The companies will have the right to compete among themselves for clients all over the country, and not just in one region, however the number of clients for each fund will be limited to 1,5 million persons.
Besides, state’s share in the capital of each of these funds should not exceed 51 %, and the rest 49 % of stock will be offered to private investors. Assignments to medical insurance funds as usual will be collected by Hungarian Revenue Service.
OMI reform will allow to reduce budgeted deficit due to drawing of the private capital. In 2006 budgeted deficit has made 9,2 % from gross national product that was the highest parameter in EU. It is expected, that in 2007 it will make 6,4 %. By 2009 the ruling coalition expects to lower this parameter down to 3 %.
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