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Under the "Healthy China 2020" initiative, China undertook an effort to cut healthcare costs, requiring insurance to cover 70% of costs by the end of 2018. [2] [3] In addition, there are policies such as critical illness insurance and medical assistance. China's commercial health insurance is also proliferating.
As of at least 2022, China's health insurance coverage is near universal. [1]: 301 In 2012, China implemented catastrophic disease insurance for urban and rural residents. [1]: 279 This insurance covers healthcare expenditures which exceed the maximum amount of reimbursement otherwise permitted under HIURR.
Map of total public and private health expenditure per person (see year above map). [1] This article includes 2 lists of countries of the world and their total expenditure on health per capita. Total expenditure includes both public and private expenditures. See also: Health spending as percent of gross domestic product (GDP) by country.
One big issue many have pointed out, including Blumenthal (2005) and Yip et al. (2008), is that much of China's population does not have access to affordable health insurance. [17] [16] As a solution, the Chinese government planned to provide universal health insurance to all citizens by 2020.
China is an important market for the pharmaceutical industry for two reasons. ... increasing insurance costs. ... covering all things pharma, insurance, care services, digital health, PBMs, and ...
After 1949, the Chinese Communist Party (CCP) took control of China, and the Ministry of Health effectively controlled China's health care system and policies. [9] Under the Chinese government, the country's officials, rather than local governments, largely determined access to health care.
China is the global leader in producing apparel, and in September 2024 alone, 2.73 billion meters of fabric were made in the country, according to Statista. With so many basic necessities coming ...
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