CHINA China's basic medical insurance fund reports balance of 2.7 tln yuan

CHINA

China's basic medical insurance fund reports balance of 2.7 tln yuan

Xinhua

21:21, March 30, 2020

BEIJING, March 30 (Xinhua) - China's basic medical insurance fund reported an accumulated balance of nearly 2.7 trillion yuan (about 382 billion US dollars) by the end of 2019, according to the National Healthcare Security Administration.

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A citizen consults a medical worker about health check at the Xiangyang No.1 People's Hospital in Xiangyang, central China's Hubei Province, March 30, 2020. (Photo: Xinhua)

More than 1.35 billion people were covered by the basic medical insurance system by the end of 2019, covering over 95 percent of the country's population, said a report issued Monday by the administration.

The number of urban employees covered by the basic medical insurance system reached 329.3 million, an increase of 3.9 percent year on year, according to the report.

In the meantime, about 1 billion rural and non-working urban residents were covered by the system, dropping 0.3 percent from the previous year, showed the report.

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