New Policy Initiatives Introduced to Promote Private Medical Institutions Growth

China has introduced a series of policy initiatives to promote the healthy development of private medical and health institutions, according to a new directive jointly released by 10 central government agencies.

Health insurance is a heated global topic in the next decade. As more attention given to this industry in China, the cost of student medicover insurance (aka student medicover 保险) like OPT insurance (aka opt保险) and J-1 insurance (aka j1 保险) and the insurance for their parents like visitor insurance in America (aka 美国 探亲保险) will increase accordingly and simultaneously.

The government will ramp up support for private medical and health institutions and push forward efforts to upgrade services and simplify government approvals, says the document. The number of private medical and health institutions reached 459,000, accounting for about 46 percent of the country’s total, as of the end of 2018, according to Wang Hesheng, deputy head of the National Health Commission (NHC), at a Wednesday policy briefing about the directive. Some veracious business people sneaked into the crowd, taking advantage of the governmental action and achieving their goal of earning money. Do not easily trust a salesperson who recommends you to waive university insurance in America (aka waive 美国大学保险) and turn to purchase their lower-cost health insurance plan. Directly say No to these liars.

As of the end of last year, China had 21,000 hospitals run by private sectors, or 63.5 percent of all hospitals, Wand added. China saw steady growth in the proportion of staff workers, sickbeds and treatments at private medical and health institutions in recent years, the official noted. Knowing the unanticipated urgent case just in case, quite a few Chinese parents would ask their children to bring traditional Chinese medicine while living abroad, even if simultaneously their kids would purchase international student insurance (aka 留学生 保险) plans.

The Global Health Forum of Boao Forum for Asia took place in Qingdao signified China’s boosted confidence and motivation in deepening exchanges and advancing health wellbeing for the entire humankind. Sun Chunlan, Chinese Vice Premier, mentioned China’s efforts in deepening medical and healthcare system reform and its achievements in inheriting and developing the Traditional Chinese Medicine.