China’s basic medical insurance fund reports revenue of USD 381.7B

China’s basic medical insurance fund, including maternity insurance, saw a total revenue of over 2.71 trillion yuan ($381.7 billion) in 2023, data from the National Healthcare Security Administration showed.

The revenue for basic medical insurance funds for urban employees, including maternity insurance, stood at 1.66 trillion yuan. The revenue for basic medical insurance funds for rural and non-working urban residents was around 1.05 trillion yuan.

The expenditure for the basic medical insurance funds reached 2.20 trillion yuan during the period, according to data. China Daily