Hey folks, did you know? China’s National Healthcare Security Administration announced that during the 14th Five-Year Plan (2021-2025), the nation’s basic medical insurance coverage stabilized at an impressive 95%! With 1.327 billion people enrolled as of 2024, it’s a massive win for accessible healthcare. 😊
Authorities revealed ongoing improvements including premium subsidies for nearly 80 million individuals annually, and in-patient expense reimbursements at around 80% for employees and 70% for residents. Long-term care insurance trials now benefit almost 190 million people, providing extra support where it’s needed most.
On the financial front, the national pooled medical insurance fund amassed a cumulative balance of 3.86 trillion yuan ($539.1 billion) by the end of 2024. Plus, the unified national drug catalog now lists 3,159 medicines to help keep everyone in top shape.
This milestone highlights a robust effort to enhance public welfare and ensure quality healthcare reaches every corner of society. Cool, right? 💡🌏
Reference(s):
China achieves 95% health insurance coverage rate during 2021-2025
cgtn.com
