Functional model of obligatory social medical insurance influence on human capital development

Economic Annals-XXI: Volume 127, Issue 3-4(1), Pages: 46-49

Citation information:
Mazurok, P., & Molozina, N. (2013). Functional model of obligatory social medical insurance influence on human capital development. Economic Annals-XXI, 3-4(1), 46-49. https://ea21journal.world/index.php/ea-v127-13/

Petro Mazurok
D.Sc. (Economics),
Professor,
Head, International Economy Department,
Kryvyi Rih National University, Ukraine
Kaf_meo@kneu.dp.ua

Nataliya Molozina
PhD Student (Economics),
Classical Private University, Zaporizhzhya, Ukraine
natalia.molozina2012@yandex.ua

Functional model of obligatory social medical insurance influence on human capital development

Abstract. In the article the influence of investment in health preserving on creative abilities of a person forming and realization is investigated. It is determined that introducing the obligatory social medical insurance in Ukraine could be one of the ways to increase the investment in health capital of the population. To prove mathematically the dependence between the amount of people who study and improve their qualification, the condition of their health and the investment in health care the computer program «Analysis and forecast of economic occurrences and processes on the base of multi-criteria model» was used. Found dependence makes also possible to estimate investment efficiency of obligatory social health insurance in conditions of increase of people able to get education thanks to theirs health bettering. Besides, the authors determined direct correlation between the amount of state investment in citizens’ health and qualitative and quantitative indicators of human development. The conclusion was made that obligatory social health insurance introduction will make positive impact on educational-intellectual and quantitative parts of the nation’s human potential through state investment in health protection and increase of insurance compensations.

Keywords: Human Capital; Obligatory Social Medical Insurance; Intellectual-Educational Level; Economically Active Population

JEL Classification: G21; O15; H51; C53

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Received 25.02.2013