Focus on Arts and Ecology

February 17, 2023 

As many places in China have rolled out the health insurance reform, some residents noticed their monthly health insurance income was cut less.

· China's current health insurance system has two parts: a national fund paid by employers that covers serious or chronic diseases, and a personal fund paid by employers and employees together for day-to-day doctor visits

· The personal fund is managed by employees themselves. The national fund is managed by the government, with part of the money going directly to employees as cash – this is where the income cut took place

· According to latest media reports, over 80 percent of the personal fund is in the hands of younger people, while the retired, who need the fund the most, have insufficient funds to get treatment.

One of the goals of the reform is to reach a new balance.

Find out more about the reform here.

(Sources: China Report)