Live Insurance News

Healthcare reforms in China simplify process for patients, not providers

July 31, 2013July 29, 2013 H. Cutner

Hospitals are finding that this new system is not working out as well for them as for the people using them. According to the latest data that has been issued by analysts, while the Chinese government has intentions to lower the bills, and its healthcare reforms have been applauded by the industry, it is lacking in details that are needed to correct the hospital finance shortfalls. The government has made the effort to reduce the size of medical bills central to its massive overhaul. The central government has made its…

Health insurance reaches almost 1.3 billion in China

July 23, 2013July 20, 2013 G. Turner

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…

Insurance news from China shows funds facing strain

February 20, 2013April 30, 2013

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…