Balance of Basic Medicare Funds in China Exceeds 2.69 Trillion Yuan

49

The balance for basic medicare funds in China currently exceeds the 2.69 trillion yuan (approx. USD$379.5 billion) threshold.

China’s National Healthcare Security Administration released its “2019 Medicare Guarantee Undertaking Development Statistical Rapid Report” (2019年医疗保障事业发展统计快报) on 30 March.

According to the report China’s basic medicare insurance fund balance stood at 2.691211 trillion yuan as of the end of 2019.

As of the end of 2019 the number of people who enjoyed “full-bore basic medicare insurance” was 1.35436 billion, for an insurance coverage rate of over 95%.

This included 329.26 million people with professional basic medicare insurance, for an increase of 12.45 million people, or 3.9%, compared to 2018.

1.0251 million people had urban-rural residential basic medicare insurance, for a reduction of 2.68 million people, or 0.3%.

Related stories

Chi­na’s Fi­nan­cial Au­thor­i­ties Arrange for over 100B Yuan in Anti-coro­n­avirus Funds

Xiong’an New Area Un­veils Blockchain-dri­ven In­for­ma­tion Sys­tem for Man­age­ment of Fis­cal Con­struc­tion Funds

Lend­ing to Wel­fare Hous­ing Surges 47.7% in March

LEAVE A REPLY

Please enter your comment!
Please enter your name here