Monaco does not belong to the social welfare states. Visit AbbreviationFinder to see the definitions of MCO and acronym for Monaco. There are no general insurance systems, but the residents are expected to take care of such on their own. The state’s intervention is largely confined to running the country’s only hospital. It has a fairly high medical density (490 residents per doctor in 1994) but rather limited hospital capacity. However, this should be supplemented by several nearby private hospitals along the Côte d’Azur. Infant mortality is on a par with most Western European countries.