ECONOMIC ASSESSMENT OF THE EFFICIENCY OF COMPULSORY INSURANCE

Abstract

The most important part of the evaluation of the activity of the healthcare system and its constituent structures is the economic analysis of the activity of the medical organization. The main goal of financing state medical organizations is to provide services, not product production, in conditions where resources are limited. The relevance of the topic is related to the increasing role of insurance systems to ensure social and economic stability in the conditions of the modern economy. Compulsory insurance is implemented in order to increase the financial security of citizens and businesses and to ensure their protection against potential risks that will arise in the future. In Azerbaijan, as in other countries, the implementation of reforms in the field of insurance and the development of the insurance market is one of the important directions of state policy. Therefore, evaluating the economic effectiveness of compulsory insurance and making improvements in this area is of great importance. The purpose of this article is to assess the economic effectiveness of compulsory insurance, to examine its impact on various economic indicators and aspects.