China’s Private Health Insurance Market To Expand Five-Fold To $167B In 2020

healthinsuranceChina's private health insurance market will surge five-fold to RMB1.1 trillion (US$167 billion) by 2020, from RMB241 billion (US$36.7 billion) in 2015, as middle-class and wealthy Chinese look for an alternative to the public insurance system, says a new report released by the Boston Consulting Group. The fastest growth is expected in reimbursement policies, which […]


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