In a major achievement, China's National Healthcare Security Administration (NHSA) announced that during the 14th Five-Year Plan period (2021-2025) the basic medical insurance coverage has held steady at about 95%. As of 2024, 1.327 billion people are covered, marking a significant step forward in accessible healthcare. 🚀
Continuous improvements are a key part of this progress. Medical aid subsidizes premiums for nearly 80 million individuals annually, while in-patient expense reimbursements remain robust—around 80% for employees and 70% for residents. Moreover, long-term care insurance trials now benefit almost 190 million people.
The financial foundation for these advances is strong too. By the end of 2024, the national pooled medical insurance fund had accumulated a balance of 3.86 trillion yuan (approximately $539.1 billion), and a unified national drug catalog now lists 3,159 medicines. 💊
This achievement is more than just impressive numbers—it's a real level-up for healthcare, ensuring quality medical support is within reach for millions. Stay tuned as these dynamic policies pave the way for a healthier future! 💪
Reference(s):
China achieves 95% health insurance coverage rate during 2021-2025
cgtn.com
