Openness of the insurance market for foreign entities: methodology and experience of Ukraine

Vieriezubova, Tatyana; Levchenko, Valentyna

doi:10.21272/fmir.1(2).87-95.2017

Cited by 3 publications

(2 citation statements)

References 6 publications

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“…All this made it possible to transform healthcare services and adapt to new forms of medical care organization, for example, telemedicine, the context of their impact on forming the national health insurance system (Tiutiunyk et al, 2021(Tiutiunyk et al, , 2022Yarovenko et al, 2021). The use of artificial neural networks, artificial intelligence, big data, and smartphone software is another promising direction of innovation that will improve the quality of information, consultation, and reference services in the health insurance field (Starostina et al, 2020;Vieriezubova & Levchenko, 2017;Zhuravka et al, 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

Interaction between health insurance, household income, and public health financing in Ukraine

Kuzior

Krawczyk

Didenko

et al. 2022

Problems and Perspectives in Management

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The most significant problems in financing the public health system in Ukraine are the permanent deficit of public spending on medicine and the shallow development of the voluntary health insurance market. The aim of study is the search of optimal interactions between stakeholders in the system of relations “state – insurance companies – households” in the context of voluntary health insurance. The study hypothesizes that households can become more active participants in health insurance only if their average monthly income reaches a certain threshold level. It is calculated based on the results of simulation games using the Brown-Robinson iterative method. According to the simulation results, this threshold level is only 7% higher than the actual value of the average monthly income of Ukrainian households during the analysis. At the same time, under this condition, the state in Ukraine will be able to transfer part of the financial burden of compensating healthcare costs to insurance companies. According to the calculations made with the help of the game theory toolkit, with the maximization of insurance payments to the population under health insurance contracts, the burden on public health financing in Ukraine could be reduced by 67.7%. The paper was conducted on the data of the ten most potent insurance companies of Ukraine as of 2021 (it is they who accumulate the lion’s share of household insurance premiums), that is, before the start of a full-scale war between the Russian Federation and Ukraine. The obtained results can be used both by insurance companies during the management of insurance premiums and payments and at the level of state management of costs in the field of public health. AcknowledgmentThis study was undertaken as a part of the research projects granted by the Ministry of Education and Science of Ukraine: “Socio-economic recovery after COVID-19: modeling the implications for macroeconomic stability, national security and local community resilience” (registration number 0122U000778); “The impact of COVID-19 on the transformation of the system of medical and social security of population: economic, financial-budgetary, institutional-political determinants” (0122U000781).

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Section: Literature Reviewmentioning

confidence: 99%

Interaction between health insurance, household income, and public health financing in Ukraine

Kuzior

Krawczyk

Didenko

et al. 2022

Problems and Perspectives in Management

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“…Дане питання розглядалось вченими з різних сторін. Ризик легалізації кримінальних доходів через послуги страхових компаній розглядали М. Каміллері [3], С. Дмитров і Т. Медвідь [4], Т. Веризубова та В. Левченко [5]. З точки зору детінізації та підвищення економічної стабільності національної економіки дане питання досліджували М.А.…”

Section: економіка і управління підприємствамиunclassified

Using of insurance companies ‘services for the purpose of legalization of criminal income of economic agents and avoidance of taxation

Lyeonov

Kuzmenko

Mynenko

et al. 2020

vtneu

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Annotation. Providing the stable and continuous functioning of the financial services market is one of the important areas of state economic policy. Without the use of financial intermediaries, the economy cannot function. Criminals, in turn, use the weaknesses of the country’s financial system for their own illicit enrichment or the pursuit of other criminal interests. By laundering illegally obtained money, criminals destabilize the country’s financial system and expand the size of the shadow economy. The purpose of the article is to characterize the possibility of using the services of insurance companies in order to legalize the criminal income of economic agents and tax evasion by enterprises. Results. The article identifies the risk of using the services of insurance companies to legalize illegally obtained income and the place of these services in the market. The study comprehensively considered the possibility of fraudsters using the services of insurance companies to launder the illegal income of economic agents and tax evasion by enterprises. Examples of legalization of illegal income through the services of insurance companies were given. There are three main groups of insurance companies’ services: general insurance, life insurance (pension or insurance for investments), and reinsurance. The main risks associated with money laundering are inherent in each group of services. Summarizing the analysis, general recommendations for insurance companies to prevent money laundering through their services were identified. The prospects for further research. The Prospects for further research are the quantitative characterization of the risk of legalization of criminal income of economic agents and tax evasion for each group of services, as they have their own specific features.

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Financial, Socio-Economic, Environmental and Public Health Patterns of Creating Regional Roadmaps to Prevent the Spread of the Covid-19 Epidemic

Vasylieva¹,

Lyulyov²,

Pimonenko³

et al. 2021

ФКДПТП

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The paper summarised arguments and counterarguments within the scientific discussions on the financial, socio-economic, environmental, and public health patterns of creating regional roadmaps to prevent the spread of the COVID-19 epidemic. The main goals of the paper were to develop the regional anti-epidemiological road map with markers using the instruments of differential calculus. The results of the analysis of the core health care (financial, social, economic, and ecological) determinants which justified the regional differentiation on vulnerabilities of the population of Ukraine from COVID-19 showed that they were based on the findings of other countries and did not consider the national and regional specifics. Methodological instruments were differential calculus of nonlinear equations, which allowed determining the critical values (markers) for each factor, which formalise the «weaknesses» and «bottleneck» of the region in terms of responding to future epidemiological threats. All regions of Ukraine and the city of Kyiv were selected as the object of research. The authors developed the roadmaps for future anti-epidemiological measures for each region of Ukraine. The results of the analysis could be useful for local governments to make informed decisions under existing powers and differentiated decisions to reduce social distancing, quarantine, suspension of economic facilities, changes in financial budgets, etc., considering the differences of each region on public health factors, social, ecological, and economic determinants.

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Openness of the insurance market for foreign entities: methodology and experience of Ukraine

Cited by 3 publications

References 6 publications

Interaction between health insurance, household income, and public health financing in Ukraine

Interaction between health insurance, household income, and public health financing in Ukraine

Using of insurance companies ‘services for the purpose of legalization of criminal income of economic agents and avoidance of taxation

Financial, Socio-Economic, Environmental and Public Health Patterns of Creating Regional Roadmaps to Prevent the Spread of the Covid-19 Epidemic

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