On May 20, the 100th China Insurance Lecture, hosted by Insurance Association of China and co-organized by Enhance, was held at
Beijing to hold. Ezekiel Emanuel, Associate Dean and Chair of the School of Healthcare Ethics and Policy at the University of Pennsylvania and senior adviser to the White House
Mr. Zhang introduced the American medical insurance system reform and the role of commercial health insurance in the reform process, and explained in detail
The Patient Protection and Affordable Care Act introduced in March 2010 and its implications for China.
"For all of 2015, the United States spent $3.24 trillion on health care. That's more than many of the world's largest economies
The fact that GDP is even higher suggests that America is wasting a lot of money on health insurance, which has encouraged the government to do more
Change." "Analyzed Dr. Emanuel.
Since Barack Obama signed the Patient Protection and Affordable Care Act into law in March 2010, Dr Emanuel thinks health reform has done well
The effect is not only to save the cost, improve the insurance rate, but also to greatly change the development of the commercial health insurance market.
The Patient Protection and Affordable Care Act made a number of changes to the old system, such as abolishing annual limits
Measures such as tax subsidies for residents and online health insurance exchanges have equalised employer-based family coverage in America
The growth rate of insurance premiums has decreased significantly, and job opportunities for the people have increased greatly.
The number of uninsured Americans dropped from a peak of 18% to 11% at the end of the first quarter of 2016, according to the data. In this process
The beneficiaries are not only the public and the government, but also commercial health insurance companies. Driven by the medical reform program in the past five years, commercial health has been improved
The business of insurance companies is on the rise, so venture capital is targeting health insurance.
Venture capital investment in US health insurers hit a new high of $16.1 billion in 2015, while investment in digital health grew from
It grew from $1.1 billion in 2011 to $4.4 billion in 2015.
Dr Emanuel, referring to the implications of America's health reforms for China, said that although China now has a social security system
The commercial health insurance system is not large, but with the continuous expansion of the aging population, it will certainly lead to the shortage of hospital resources, and the demand cannot be met
And so on. If we want better medical care, we need to get it through reform.
"There are elements of the US healthcare plan that are applicable to China," says Dr Emanuel, "such as the creation of insurance exchanges,
Subsidize insurance, limit insurance companies' excessive profits with medical reimbursement rates, and put the onus on building more hospitals for individuals
And medical networks, and using more non-physician methods of supply." He believes that through these measures, insurance companies can increase participation
The number of people insured, the increase of customer base, the increase of revenue and interest rate to achieve standardization. Insurance companies therefore have an incentive to develop adequate networks
Network, covering hospitals, doctors and other resources.
