Caixin
Sep 21, 2020 07:20 AM
CHINA

Cover Story: China Moves to Alter Medical Coverage of 300 Million

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China’s urban employee basic medical insurance system covers nearly 300 million urban workers and has outstanding fund of 842.6 billion yuan
China’s urban employee basic medical insurance system covers nearly 300 million urban workers and has outstanding fund of 842.6 billion yuan

Chinese authorities have quietly set in motion a long-discussed restructuring of the country’s medical insurance system that will affect more than 300 million urban residents, although debates remain unsettled on some key elements.

The National Healthcare Security Administration, a sub-ministry-level government agency managing China’s public health insurance programs, published a draft plan Aug. 26 to reshuffle the urban employee basic medical insurance system — one of the key pillars of the country’s state-backed social safety net.

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