China has achieved a 95% coverage rate for basic medical insurance during its 14th Five-Year Plan (2021-2025), ensuring healthcare access for over 1.3 billion people. 🌏 The National Healthcare Security Administration (NHSA) announced the milestone this week, calling it a 'cornerstone of social equity.'
By the Numbers 📊
• 1.327 billion enrolled as of 2024 • 80 million low-income residents receive premium subsidies annually • 80% in-patient cost coverage for employees • $539 billion medical insurance fund balance
What’s New? 💡
Long-term care trials now cover 190 million people, while a unified national drug catalog lists 3,159 fully covered medications. The system’s financial stability – with a 3.86 trillion yuan fund balance – suggests sustainable support for future health challenges.
Young professionals and students take note: This expansion could reshape workforce stability and public health research opportunities across Asia. 💼📚
