China's long-term care insurance sees regulation overhaul | Asian Business Review
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China's long-term care insurance sees regulation overhaul

Since its launch, the scheme has covered 180 million people.

China has introduced new regulations aimed at standardising the management of designated institutions responsible for assessing individuals' incapability of self-care in long-term care insurance schemes, its state news agency reported.

Issued by the National Healthcare Security Administration, these regulations outline basic criteria, operational requirements, and supervisory standards for such institutions.

Institutions interested in becoming designated evaluation bodies can apply to regional healthcare security authorities. 

ALSO READ: China intensifies healthcare probes over insurance fund concerns

They must undergo a comprehensive review and public notification process to qualify.

Since its launch in 2016, China's long-term care insurance schemes have covered 49 cities and 180 million people. These regulations are designed to enhance the fairness and efficiency of the schemes.

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