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NEWSLETTER 2011
328
• “Green Card Insurance” is defined as international motor insurance
issued pursuant to European Agreement regarding Motor Vehicles
used in another visited country for the civil liability;
• “Code” is defined as the Code regarding restructuring Certain
Receivables and Amendments in the Social Insurances and General
Health Insurance Code and Certain Other Codes or Decree Laws
dated 13.02.2011 and numbered 6111.
General Principles
According to article 4 of the Regulation, all required health care costs
for personal injuries that were treated by university hospitals and all other
official and private health institutions and organizations as a result of
road traffic accidents shall be compensated by the Institution without
considering whether victims are being covered by social insurance or not.
According to article 5, the institution is to be remunerated by the
relevant insurance companies and Assurance Account as means of
transfer of the sum -health care bill- that accrued as a result of treatment
of the personal injury.
The transfer of the sum to be made to the Institution shall be shared
between the Assurance Account and insurance companies as herein below:
i) Insurance companies who have authority to issue insurance policies
for Compulsory Traffic Insurance, Compulsory Transport Insurance and
Compulsory Passenger Transport Insurance shall transfer a fixed amount
of insurance premium, determined in their policy to the Institution until
the end of third month following the due date of the premium, either in
lump sum or in three equal installments. For the road traffic accidents
occurred prior to the enactment of this Code; The Companies -insurers-
which issue insurance policies for Compulsory Transport Insurance and
Compulsory Passenger Transport Insurance shall transfer the amount
calculated in accordance with the method determined in the attachment
of this Regulation to the Institution in installments determined by the
Undersecretariat of Treasury. As for Compulsory Traffic Insurance, the
time period for the insurer to make transfer to the Institution is set for 3
years upon publishing of the Code.