China achieves 95% health insurance coverage rate during 2021-2025

China’s Health Insurance Now Covers 95% of People! 😊

China’s Health Insurance Now Covers 95% of People! 😊

Hey kids! Did you know that in China, almost everyone has health insurance now? That’s like if 95 out of every 100 people had a special card to help them when they get sick! πŸ₯

So, what is health insurance? It’s like a magical helper that pays for some or most of the doctor’s bills when someone isn’t feeling well. That way, people don’t have to worry so much about money when they need to see a doctor. Isn’t that great?

China’s National Healthcare Security Administration announced that during their big plan from 2021 to 2025, they kept the health insurance coverage at about 95%. As of 2024, that’s 1.327 billion people! 😲 That’s a really big number!

They’ve been working hard to make the system better. For example, every year, they help nearly 80 million people pay for the insurance. That’s a lot of help! πŸ’–

When people need to stay in the hospital, the insurance covers around 80% of the costs for workers and 70% for other residents. That means if the bill is 100 yuan, they only have to pay 20 yuan or 30 yuan themselves! Cool, right?

They are also testing long-term care insurance, which now covers nearly 190 million people. This helps people who need extra care over a long time. πŸ§‘β€βš•οΈπŸ‘΅

By the end of 2024, they had saved up 3.86 trillion yuan (that’s about $539.1 billion!) in their medical insurance fund. Think of it like a giant piggy bank to help people when they’re sick. πŸ·πŸ’°

Plus, they have a list of 3,159 medicines that the insurance will help pay for. So, people can get the medicine they need without it costing too much. πŸ’Š

Isn’t it amazing how many people are getting help when they need it? Health insurance is super important because it helps everyone stay healthy and happy! 🌟

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