China's healthcare system has reached a historic milestone with 95% of its population now covered by basic medical insurance, according to the National Healthcare Security Administration (NHSA). This achievement comes as the country concludes its 14th Five-Year Plan (2021-2025), demonstrating sustained progress in social welfare infrastructure.
Universal Coverage in Numbers
As of 2024, enrollment in China's medical insurance programs has reached 1.327 billion people. The system now provides:
- 80% in-patient expense reimbursement for employees
- 70% reimbursement for residents
- Annual premium subsidies for 80 million through medical aid
- Long-term care coverage for 190 million
Financial Sustainability
The national medical insurance fund reported a robust balance of 3.86 trillion yuan ($539.1 billion) by end-2024. A standardized drug catalog now covers 3,159 medicines, ensuring consistent access across regions.
Next Steps in Healthcare
Authorities emphasize continued focus on system optimization, particularly in rural healthcare access and chronic disease management. This development signals China's commitment to meeting UN Sustainable Development Goals while maintaining economic stability through social safety nets.
Reference(s):
China achieves 95% health insurance coverage rate during 2021-2025
cgtn.com