Annual report 2007 - Magnitogorsk Iron & Steel Works ...

ANNUAL REPORT OPEN JOINT-STOCK COMPANY MAGNITOGORSK IRON & STEEL WORKS
Marina Shemetova, Chief Physician of the MMK
Medical Unit:
“The key principle of the health care system’s organization at
MMK is to secure the employees’ right to labour without a risk of
losing health.
MMK has anticipated the prioritized National Health Care Project
in maintaining and modernizing time-proven industrial medicine
techniques.”
SEASON 2007
Medical Treatment and Medical Care
Implementation of medical care programs is a major component of the Company’s social policy. MMK places
strong emphasis on preserving the health of its employees. Besides the traditional periodical medical examinations
of employees, OJSC MMK implements a program of in-depth medical examinations which permit to obtain a more
detailed picture of the employees’ health status. Vaccination and distribution of vitamins are carried out through
a network of the Company’s medical stations and the Company’s polyclinic. Inspections of sanitary conditions at
the workplaces are conducted on a regular basis.
A special medical care complex which services both the city population and MMK employees, provides
advanced diagnostic services and treatment.
OJSC MMK is implementing programs of corporate and individual voluntary medical insurance, which
allow to provide additional medical services to the employees. In 2007 37 OJSC MMK employees underwent
treatment in Russian and foreign clinics, for a cost of USD 590,000. 4,706 employees received dental care services
on preferential terms for a total amount of USD 370,000. The total OJSC MMK allocations for the programs of
corporate and individual voluntary medical insurance in 2007 amounted to USD 8.21 million.
Measures to Improve the Health Condition of MMK’s Employees and
Their Families
OJSC MMK provides its employees and their families with recreational amenities compensating part of the
price for using such amenities. Every year more than 11 thousand employees and members of their families take
vacations in the health recreation and holiday centers owned by OJSC MMK, with more than half of that number
undergoing special rehabilitation and treatment courses there. In 2007 the Company spent more than USD 5
million for such compensations.
During the 2007 summer vacations 2,060 children of MMK employees improved their health in two children’s
recreational and educational centers of the Company. Expenditures on compensations for the children’s stay in
such centres and their maintenance amounted to USD 1.28 million.
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