Health and welfare services
The health and welfare services are getting increasingly important in the Principality since the average of the residents are in their mid-forties. As we can observe, Monaco’s population is getting older, therefore, the health and welfare are coming into focus.
The standard of the health care in the Principality is excellent, the life expectancy in the Principality being one of the highest in the world.
Monaco also carries exceptionally-equipped hospitals and medication centers, and the Principality offers approximately 6 doctors for every 1,000 people.
A public welfare system is funded by employers’ contributions and provides 80-100% refunds on health care expenditure for employees, registered self-employed, and their families. All other residents have to take out private health insurance.
There are three medical establishments in the Principality:
- The state-run Princess Grace Hospital (CHPG, Centre Hospitalier Princesse Grace)
- The Monaco Cardio Thoracic Center (CCM)
- The Institut Monégasque de Medecine et Chirurgie Sportive (IM2S), which specialises in sports medicine and surgery.
The Principality also offers homes for the elderly.
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