China's National Financial Regulatory Administration published the Guiding Opinions on promoting the high-quality development of health insurance, setting an overall approach and phased goals to improve the level of health insurance service and protection and strengthen market oversight. The guidance lays out reform priorities for four main types of health insurance products: commercial medical insurance, commercial long-term care insurance, disability income loss insurance, and disease insurance, while also standardising related operating and contracted service arrangements. It also calls on insurers to build specialised capabilities and improve digital and intelligent applications to enhance sustainability, alongside stronger supervisory steering, market order controls and enforcement against illegal or non-compliant conduct. A further strand focuses on improving the operating environment through an industry standards system, multi-party coordination and wider public education on health insurance.
China Banking and Insurance Regulatory Commission 2025-09-30
China's National Financial Regulatory Administration issues guidance on high-quality development of health insurance across four key product lines
China's National Financial Regulatory Administration issued Guiding Opinions to advance health insurance development, focusing on service improvement and market oversight. The guidance prioritizes reform across four insurance product types and emphasizes digital enhancements and stronger enforcement against non-compliance. It also aims to improve the operating environment through industry standards, coordination, and public education.