Digital Empowerment for a Healthy China: Health Management and Health Insurance Sector Takes Off

With the rapid development of the socio-economy and the accelerating pace of life, consumption continues to upgrade, ushering in a period of rapid growth for commercial health insurance. Meanwhile, chronic diseases are becoming a major threat to people’s present and future health. Of the 58 million deaths worldwide in 2009, approximately 36 million were attributed to chronic diseases. As an important strategy and approach to addressing chronic diseases, health management is gaining increasing awareness and attention.

Against the backdrop of the “comprehensive, full-lifecycle health services” mandate outlined in the 14th Five-Year Plan, higher demands and standards have been set for tertiary industry services such as health management and commercial health insurance. Policy focus has shifted upstream toward disease prevention, facilitating a transition from treatment to prevention, including for chronic diseases. The Healthy China 2030 Planning Outline explicitly identifies reducing premature mortality from major chronic diseases as a key indicator, calling for the implementation of comprehensive chronic disease prevention and control strategies to achieve health management for chronic diseases across the entire population and throughout the full life cycle by 2030. Currently, China’s basic medical insurance funds are under financial pressure. Under the Healthy China strategy, the state encourages the development of commercial health insurance and is gradually increasing the proportion of health management services within health insurance offerings.

With the improvement of living standards and the trend of population aging, people are paying increasing attention to personal health issues, driving the gradual development and expansion of the health industry. Since 2016, China has entered a phase of vigorous development in health management. Following the release of the “Outline of the Healthy China 2030 Plan,” the state has explicitly supported health management evaluation services, marking the formal entry of China’s health management industry into a growth stage. As commercial insurance serves as the primary payer for health management services, the surge in the health insurance sector will bring more opportunities and innovative models to digital health management.

On the afternoon of June 16, 2022, the Health Management and Health Insurance Forum at the Top 100 Future Healthcare Companies Conference will explore industry trends from perspectives such as forward-looking insights, technology empowerment, and integrated development. The VCBeat Health Insurance Industry Report will be prominently released.HeadGain insights into the evolving dynamics of niche sectors, and invite innovative enterprises such as Miao Health, Jingli Technology, Yisheng Jiankang, Tengai Health, Shangyong Technology, Huamei Haolian, Huanyu Guanai, and Zhiyun Health to share their experiences. This initiative aims to address multifaceted issues spanning academia, R&D, production, application, and investment, thereby building an integrated platform for industrial exchange, cooperation, and convergence.

Let’s unveil the forum highlights in advance, with discussions centered on the following hot topics:

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Forum on Health Management and Health Insurance Innovation

Forum Time: Afternoon of June 16, 2022

Forum Organizers: VB100, VCBeat, Dongmai Cheng, VCBeat Research Institute

Section: Frontier Perspectives

● 14:00-14:20

The 3.0 Era of Health Insurance: Digitalization Empowers Health Insurance to Break Free from Involution and Achieve Rebirth

Huang Shun | Senior Researcher at VCBeatResearcher

Sector: Industry Innovation

● 14:20-14:40

Digital Therapeutics and Health Management: Applications in the Field of Chronic Diseases

Gu Shufeng | Senior Vice President, Miao Health

● 14:40-15:00

Leveraging Data Intelligence to Drive the Layout of Healthcare’s “New Private Domain”

Lai Gangbin | Founder and CEO of Jingli Technology

● 15:00-15:20

A Home-Based Endocrine Testing and Health Management Platform for 100 Million Female Users

Wang Qiangyu | Yisheng JianCo-founder and CEO of VCBeat

● 15:20-15:40

Pioneer and Leader in Digital Therapeutics for Chronic Pain in China

Luo Min | Co-founder and CEO of Tengai Health

● 15:40-16:00

Value-Based Insurance Supports Healthy Child Development

Jing Xing | BusinessFounder & CEO of Yong Technology

● 16:00-16:20

Deep Integration of Full-Lifecycle Health Management and Health Insurance: Practices

Xu Bingyu | Founder and CEO of Huamei Haolian

● 16:20-16:40

Breaking the Impasse in Health Insurance

Wang Zhichen | Global GatewayDirector of Branding, iBrand

● 16:40-17:00

Technological Innovation Optimizes China’s Chronic Disease Management Model

Bai Rui | Senior R&D Director, Zhiyun Health