How much does health insurance cost in Georgia?

How much does health insurance cost in Georgia?

access_time2021-09-27 10:46:53

In the first half of 2021, the population of Georgia and employers paid a total of GEL 195 million in private medical insurance premiums.

In the first 6 months of 2021, the total amount of health insurance premiums amounted to GEL 195 million. The volume of premiums paid increased by 13.7% (GEL 23.6 million) compared to the previous year.

This year the average monthly cost of a health insurance package was 51.1 GEL per month against  47 GEL per month in 2020.

According to the Insurance State Supervision Service, in  2021 a total of 635,876, people took out private medical insurance that  is 17% of  Georgia’s population.

Compared to the previous year, the number of insured persons increased by 28,656, or 4.5%, compared to 2019, their number increased by 55,876 or 9%.

GPI Holding ranks first in the health insurance market with 29% of raised premiums followed by  "Imedi L" with 21%, "Ardi" is the third with 14% of raised premiums, "Insurance Group" -  7% share, "PSP Insurance" a 6% share, the rest market players account for  23% of the total raised premiums.


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