In recent years, China's commercial health insurance annual premium income has grown rapidly, and it has become a breakthrough for many insurance companies. In 2011, China's commercial health insurance premium income was only 69.17 billion yuan. In 2016, the value climbed to 40.425 billion yuan, and the compound annual growth rate exceeded 34%, which was significantly higher than the 31.7% of the current life insurance premium income and 27.5% of the original insurance premium income. Average annual growth rate. The most striking thing is that 2016 health insurance premium income increased by 68% , achieving a historic leap. In addition, health insurance claims increased from 26.4 billion yuan in 2010 to 10.075 billion yuan in 2016, an obvious growth rate. The scale of health insurance premiums in 2020 is expected to exceed 1.2 trillion yuan, and the proportion of claims paid for medical and health expenses will reach 4.5%.
Recently, the China Insurance Industry Association issued the "China Business Health Insurance Development Index Report" (hereinafter referred to as "Report"). According to the "Report", the penetration rate of China's health insurance market in 2017 was only 9.1%. Although China's insurance growth rate is very fast, there is still a certain gap with developed countries. The 2018 China Business Health Insurance Development Index is 63.0, which is an improvement compared with 2017 (60.6), but the overall development is at the basic level, and there is still much room for improvement.
The "Healthy China 2030" Planning Outline also clearly stated that by 2030, the medical security system supplemented by basic medical insurance as the main body and other forms of supplementary insurance and commercial health insurance will mature. In addition, the government work report of the two associations in 2018 also pointed out that it is necessary to further attach importance to the role of commercial insurance in the security system and "expand the risk protection function of the insurance market."
The policy environment is getting better and the policy dividend is released for commercial health insurance. Taxation, land use and other policies have greatly stimulated the development potential of commercial health insurance, indicating the direction of commercial health insurance product innovation and service innovation. The promotion of social medical insurance in China has been continuously increased, and the reform of the dual-track system of social security system has been accelerating, the awareness of people for insurance has gradually strengthened. Chinese government will continue to adhere to the principle of “wide coverage and basic protection”, continuously reduce the proportion of personal self-pay in medical expenses, and reduce the burden of individual payment.
In addition, government's policy measures such as tax deferral and tax incentives can guide enterprises to buy group insurance for employees and encourage people to actively purchase personal business insurance. These favorable policies help commercial health insurance companies to penetrate the health management industry chain and clear policy barriers for their development of health management services.
Although the scale of commercial health insurance premiums is growing very well, the level of development needs to be promoted urgently, the level of development is lagging behind, the cost of claims is high, the product is homogeneous, the permeability is low, the stock is low, and the regional development is unbalance. Although the scale of China's commercial health insurance business is developing rapidly, how can we strengthen product service innovation in the new environment and cater to market demand? How to grasp the new trend, provide all kinds of health management services, achieve the deep integration of commercial health insurance and health management, and promote professional management? It will be a realistic problem for health insurance enterprises to solve.
Under the theme of “Follow the Trends to Explore the New: New Trend, New Journey, New Opportunity”, HIS Asia 2018 will concentrate on hot issues of Asia health insurance market. HIS Asia 2018 is an ideal event gathering global top-level specialists and scholars from insurance, medical, academic and technical fields to feature latest policies and industry development trends, Focus on the development of Asia Pacific Health Insurance, the direction of change. Meanwhile, HIS Asia 2018 would also explore Asia Health insurance industry policy initiatives, regulatory environment, regional characteristics, cooperation modes, advanced technologies etc., from an international view. HIS Asia 2018 is open to welcome global health insurance experts to encourage the free airing of views to seek future development path and the Asia Pacific Health Insurance industry.