Live Insurance News

Alibaba and Tencent’s insurer rolls out blockchain health insurance technology

June 5, 2018June 4, 2018 Logan B.

The new infrastructure tech is already being used with 100 hospitals in China. ZhongAn, a massive insurer in China, recently started using blockchain health insurance technology in a partnership with 100 hospitals. The insurance company is a massive one, providing infrastructure to 10 local providers. The importance of this technology in the Chinese and global insurance sectors The insurance industry, the health care industry and technology are deeply intertwined among each other. They are now dependent on each other as well. Now, Alibaba and Tencent’s insurer has entered into one…

Farmers in China receive a bump in health care coverage

March 13, 2011March 13, 2011 H. Cutner

In Beijing, China, the Ministry of Human Resources and Social Security recently announced that the urban basic health insurance will provide coverage to around eight million Chinese for 2011. The said insurance program will increase the number of covered urban residents to 90% or 440 million. This number was only 432 million back in 2010. This was announced by the ministry during a press conference that was held on Wednesday in Beijing. This health insurance program will include the basic health insurance for those who are residing in urban areas…