National Healthcare Security Administration: Since the pilot program in 2016, the long-term care insurance has driven social capital investment in related industries exceeding 60 billion yuan.

2026-03-26 19:35:20

People’s Financial News, March 26 — On March 26, Wang Wenjun, Deputy Director of the National Healthcare Security Administration, stated at a State Council Information Office press conference that the establishment of a long-term care insurance system has given rise to new business models and formats, such as the development, production, and leasing of assistive devices, disability level assessments, and social participation in management. According to preliminary statistics, since the pilot program began in 2016, long-term care insurance has driven over 60 billion yuan in social capital investment into related industries, making it a new engine for economic growth.

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