Insurance news from China shows expansion of health coverage

China Health Insurance agents

Chinese medical protection will be broadened to make sure that the sick can afford care. The latest insurance news from China is that the country has now announced that the national health coverage will be experiencing a notable expansion by bringing private insurers into the fold so that more major diseases will be covered. The goal is to shrink the mortality gap between urban and rural residents. It is also hoped that this will help to keep costs to a minimum. According to the Chinese health minister, Chen Zhu’s statement…

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Worldwide effort to provide health insurance has the United States falling behind

Health Insurance

Far less affluent countries around the world are making a much bigger effort to provide medical coverage. As the health care debate rages on among Americans, and the decision is made by the Supreme Court regarding whether or not to keep President Obama’s system-wide overhaul, many countries around the globe are making a much more significant effort to ensure that their own citizens are all capable of receiving health insurance coverage. These nations view the effort to make sure everyone can receive medical care as an economic investment. For example,…

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Indian consumers will soon have access to Cigna health insurance

Health insurance company, Cigna, has announced that it has completed a joint venture deal that will allow it to sell health insurance products in the fastest growing market, in India. In India, 85 percent of all people do not have health insurance. The joint venture which will bring Cigna into this marketplace will be with a company called TTK Group, which is better known for appliances such as its Prestige brand pressure cookers, but which also manufactures medical devices and drugs, and administers insurance policies. This announcement comes at a…

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Farmers in China receive a bump in health care coverage

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…

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