With the rapid development of China's economy and its increasing integration into the globalized world, more and more foreigners are coming to China, and most of them are employees. As they come to China, they will need to purchase health insurance. However, there are many kinds of health insurance in China that we have not seen before and it is difficult for us to find out which one is the best for us. to choose. So the Tsinghua School of Economics and Management and the China Center for International Economic Exchanges have launched a health insurance service to help foreigners navigate this process. The service, which was launched in December 2017, provides a variety of health insurance products and has been providing information on the benefits offered by them. It is also a platform where foreigners can share their experiences or ask questions about different types of health insurance.
How to select
When you are a foreigner living in China, you will have to get health insurance. There are many different types of health insurance in China. Choosing the right one will depend on your needs and your budget. The most popular types of health insurance in China include public and private, which can be found in any major city. There are also some plans from Beijing to Shanghai that are specific to certain localities, such as Shanghai Beijing. You can also buy short-term insurance for international exchanges or short-term travel, which is mainly for temporary visits outside of China. This type of insurance is often not expensive if you buy it when you come back to China. Budget:
Factors To Consider When Choosing
With the growth of globalization and its various effects, more and more foreigners are attracted to China. They want to come to this country to get a better education or find better employment opportunities. However, there is one thing that they should pay attention to health insurance. The Ministry of Human Resources and Social Security of China has released an answer to the question, "What should I know about health insurance in China before moving?" for foreigners who are interested in going to China. The main points are:1. Foreigners need health insurance when they come to China permanently or temporarily by living, working, and studying here. And the database of their resident permit should be submitted to their local health insurance authority upon arrival. When the database is verified, a health insurance card will be issued to them;2. The level of coverage for health insurance is quite high in China, covering all medical care and prescriptions. However, foreigners are advised to purchase supplementary private health insurance from their home countries before coming to China;3. In case of emergency treatment and hospitalization abroad, this should be reported by the local foreign affairs department as soon as possible after returning.
Features
The Chinese government announced that it would scrap its previous tax-based health insurance and replace it with a social insurance model. The new system will cover basic medical services for about 400 million people and take effect on January 1, 2019. The new social insurance system will be a three-tier network: the Basic Medical Insurance Program, the Comprehensive Medical Insurance Program, and the Supplementary Medical Insurance Program. The first two tiers will cover basic medical services at public hospitals. The third tier will be available for those who require more expensive services like organ transplants or cancer treatment in Switzerland.
Conclusion
China is a developing country with many opportunities for foreigners to invest and build businesses. However, health insurance in china for foreigners system is not comparable to what Americans are used to. You can't just blindly show up and get medical treatment without being prepared. There are so many uncertainties in China's healthcare system that foreigners should be aware of before they arrive, including the cost of insurance. , the availability of medical treatment, and how to prepare for the healthcare system. while they are in China. The most prevalent issue in China's healthcare system is the cost of insurance. In order to be covered by major insurance companies, you need to have a valid residence permit and social security card before applying for coverage. For example, two of Blue Cross and Blue Shield's insurance plans would cost $1,000 more per year if you were living outside America than it would if you were living in the United States. In order to make medical treatment available for foreigners, Chinese hospitals require foreigners to be covered by insurance companies and pay the hospital fees upfront.