The country intends to broaden its current protection to include rural and urban residents by the end of 2015. China now has intentions to expand its critical illness insurance to the point that it will include all types of diseases within that category, and it will apply to residents of both rural and urban areas. The goal in the country is to have this new wider insurance coverage in place by the end of the year. The government recently made this official announcement and stated that the expansion of critical…
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Health insurance reaches almost 1.3 billion in China
At the same time, however, there are still many Chinese poor who are neglected by the healthcare system. China has been making considerable reforms to its health insurance system and has now reached the point that about 95 percent of its population – approximately 1.3 billion citizens – have coverage with some kind of plan. This, according to the latest figures that have been released by the Chinese government. This level of health insurance coverage throughout the population represents a considerable amount of progress. This most populous country on the…
Read MoreInsurance news from China shows funds facing strain
The aging population in the country is starting to make medical coverage more expensive. The latest insurance news out of China has shown that the health coverage fund in Beijing is starting to experience considerable pressure as the population ages. People are living longer, which means that chronic diseases and medical care needs are growing. The older the population gets, the higher the frequency of chronic diseases. These are increasing the demand for medical services in the city, which means that Beijing’s insurance news is growing in its expenses. According…
Read MoreInternational insurance news from China shows rural medical coverage boost
Health plans for residents of areas outside of urban and suburban zones will receive larger government subsidies. On Monday, China made international insurance news with its latest announcement from the health minister of the country, Chen Zhu, which stated that the government of the nation would be increasing the subsidies that it provides to the medical coverage available to rural residents in 2013. The annual subsidy will be increased by an average of 40 yuan per person. The government subsidy that will now be available to rural residents in this…
Read MoreHealth insurance coverage now available for orphans in China
A Chinese state media report has announced that almost 30,000 children are now on a limited plan. A recent report from a media report in China has revealed that nearly 30,000 orphans now have health insurance coverage for the treatment of a dozen different critical diseases. These children come from a number of provinces and will how have some medical protection. The Chinese orphans affected by this new health insurance plan are located in the provinces of Hainan, Fujian, and Liaoning, in addition to the autonomous regions of Ningxia Hui…
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