Bank Of Baku

Azerbaijani State Agency for Compulsory Health Insurance becomes public legal entity

Azerbaijani State Agency for Compulsory Health Insurance becomes public legal entity
# 16 January 2018 12:22 (UTC +04:00)

Azerbaijan’s President Ilham Aliyev has signed a decree on ensuring the activities of the State Agency for Compulsory Health Insurance.  

 

Under the decree, the Charter of the State Agency for Compulsory Health Insurance was approved, the Agency told APA

 

The powers of the founder were vested in the President of the Republic of Azerbaijan and the State Agency itself.    

 

The initial authorized capital of the Agency is formed at the expense of the state budget and amounts to four million manat.  

 

The Charter reflects the goals and directions of the State Agency for Compulsory Health Insurance, its tasks and responsibilities, its management, the size of the Agency’s authorized capital, etc.

 

The State Agency for Compulsory Health Insurance was registered as a legal entity of public law.

 

On September 6, 2017, President Ilham Aliyev signed a decree on ensuring the activities of the State Agency for Compulsory Health Insurance. The Charter of the Agency was approved. 

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THE OPERATION IS BEING PERFORMED