News China20 Jan 2023

Stricter requirements expected to lead to consolidation in huiminbao market

| 20 Jan 2023

The profit margins of insurance companies that offer the inclusive low-cost supplementary health insurance plan -- huiminbao ("Benefit the People" health insurance) -- are being squeezed as local governments in more parts of the country demand that the insurers meet a compensation rate of 90% or higher or offer improved benefits to buyers of such plans.

eWeekly China Newsletter is available to eChina subscribers only.

Please login to read the full news

Please Click here to subscribe eChina.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News


Follow Asia Insurance Review