YEREVAN. – Armenia’s insurance companies submitted their services on health insurance to Armenia’s Ministry of Finance.

Armenia’s budget-2012 reserved a social package for over 120,000 state employees in the amount of $340 annually for each. Compulsory health insurance shares $134. According to head of INGO-Armenia insurance company Levon Altunyan, health insurance market may amount to AMD 6 to 9 billion

Members of the insurance market told Armenian News-NEWS.am that health insurance sector as a whole still lacks substantial base of medical data.