China expands basic medical insurance portfolio

The country added 91 new drugs to its medical insurance drug catalogue.

China has further expanded its basic medical insurance portfolio by adding 91 new drugs to the latest national medical insurance drug catalogue.

This brings the total number to 3,159, whilst the most recent round of the centralised procurement initiative has reduced the prices of 62 medicines.

In addition, the majority of Chinese localities have added assisted reproduction services to the scope of medical insurance reimbursement, benefiting more than a million people so far.

Moreover, a total of ¥24.23b (US$3.4 b) worth of medical insurance funds were recovered by relevant departments from January to November 2024.

(¥1=US$0.137)

Also Read

South Korean insurers face $62m from LA wildfire losses

Taiwan Life earnings ‘volatile’ from interest-sensitive products reliance

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit