Beijing Legislates Mandatory Medical Insurance

Executive Summary: On August 28, the Standing Committee of the National People’s Congress passed the Healthcare Security Law (医疗保障法), effective January 1, 2027 (Xinhua, August 28). The law governs an extensive healthcare system and a fund that covers 1.3 billion enrollees and raised nearly renminbi (RMB) 3.6 trillion ($500 billion) last year (National Healthcare Security […] The post Beijing Legislates Mandatory Medical Insurance appeared first on Jamestown.

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