Fighting Disease-caused Poverty

Caijing Magazine - - Summary -

Li Bin, director at the National Health and Family Planning Commission, said Aug. 30, 2017 investigation confirmed that by the end of 2016, diseases have caused 5.53 million households, or 7.34 million people, to fall into or return to poverty. Although China already has basic medical insurance for urban workers and for urban and rural residents, as well as serious disease medical insurance, cases of disease-caused poverty show that the safety net is not tight enough.

Time and money are two key elements in fighting disease-caused poverty. Preventing diseases from impoverishing families while ensuring the continued operation of the healthcare system call for efficient allocation of resources by marketized means, which is what the current social security system lacks.

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