Category Archive For "Insurance"
Large spike in births following the new two-child policy in China
In an effort to reduce China’s ageing rate and combat its shrinking workforce, the Chinese government announced in October 2015 that they would replace their infamous one-child policy with a two-child policy. The new universal two-child policy, implemented in January 1 2016, now allows all couples nationwide to have two children. Health authorities believe this …
in Insurance
Protecting yourself from infectious diseases in China
According to official data revealed earlier this year, there were more than 6.9 million cases of infectious diseases reported in 2016. Of the total, infectious diseases killed over 18,000 people, with H7N9 bird flu, foot and mouth disease, infectious diarrhea, and influenza being the most prevalent causes of death. Most recent outbreaks registered in China …
in Insurance
Hospital costs rising are causing elderly concern in Beijing
Recent reforms have caused quite a stir in Beijing following municipal officials introducing new rules on hospital billing. The changes were introduced to head off potentially exploitative hospital costs in the capital, yet public response to the changes has been somewhat chaotic. Is the reaction justified, or simply a misunderstanding? This week, Pacific Prime China …
Family health insurance in China: 10 tips on getting the right plan
Protecting the health and wellbeing of your family with the right family health insurance plan will give you all much-needed peace of mind and financial security should any unexpected illnesses occur. Those looking for a family plan will quickly discover that there’s no such thing as a one-version-fits-all health insurance policy, as the right coverage …
China to make pollution insurance mandatory for eight polluting industries
On 9 June, 2017, China unveiled a draft regulation for public feedback, which requires polluting industries to have pollution insurance (or in full: environmental pollution liability insurance). According to the draft guideline, jointly released by the Ministry of Environmental Protection (MEP) and the China Insurance Regulatory Commission (CIRC), companies in eight sectors – including: Oil …