Xu Yuansong, an 82-year-old leukemia patient from Wuhan, spends 30,000 yuan monthly on blood transfusions – more than his retirement income. But China's medical insurance system ensures he pays less than 15% of his annual 200,000+ yuan bill, showcasing how public healthcare prevents financial ruin for vulnerable groups.
\"The system covers over 90% of his costs after reimbursement,\" explains hematology director Chang Wei of Wuhan Puren Hospital. This safety net proves critical as China addresses aging population challenges.
With 95% of citizens now covered by basic medical insurance according to national data, China's healthcare reforms demonstrate how systemic solutions can tackle inequality. The model offers insights for global policymakers balancing fiscal responsibility with social welfare.
Reference(s):
cgtn.com
