Interface: The Central Economic Work Conference "named" long-term care insurance, which is expected to become the "sixth insurance" of social security

Wallstreetcn
2025.12.17 04:02

At the recent Central Economic Work Conference, it was proposed to implement a rehabilitation care expansion and enhancement project, promote a long-term care insurance system, and strengthen care and support for vulnerable groups. According to data from the National Healthcare Security Administration, by September 2025, the long-term care insurance system will cover 190 million people, with expenditures exceeding 85 billion yuan. Long Ge, deputy director of the Innovation and Risk Management Research Center at the University of International Business and Economics, stated that long-term care insurance is a social insurance that provides basic living care and medical nursing services or financial support for individuals who are unable to care for themselves due to disability. It is often referred to as the "sixth insurance" in social security, focusing on the protection of individuals with severe disabilities