Huimin Bao 3.0 Launches with Comprehensive Upgrades: Miao Health Powers 'Xianghui Bao' for Enhanced Coverage

On November 3, “Xiang Hui Bao,” an inclusive supplementary medical insurance product designed for all participants in Hunan Province’s basic medical insurance scheme, was officially launched. The Changde region has taken the lead in rolling out the plan, allowing residents to enroll through online channels.

“Xiang Hui Bao” is guided by the government, with Taiping Insurance as the lead underwriter; it is co-underwritten by several well-known insurance companies including Fude Sino Life Insurance, Dadi Property & Casualty Insurance, and Taikang Pension. Miao Health provides health management services, Shanghai Tongren Insurance Brokerage offers end-to-end brokerage services, and Hunan Zhongmei Health provides technical support. The insurance product adopts a tiered pricing structure: RMB 48 per person per year for individuals under 50 years old, and RMB 138 per person per year for those aged 50 to 70. There are no occupational restrictions, and the maximum coverage amounts to RMB 3 million, comprising RMB 2 million for inpatient medical expenses and RMB 1 million for specialized cancer drugs.

Meanwhile, to facilitate the public and save time on enrollment and claims filing, "Xiang Hui Bao" adopts a service model that integrates online and offline channels. During the coverage period of "Xiang Hui Bao," insured individuals in Changde can enjoy additional value-added services beyond the two basic inclusive benefits, including discounts on medications for chronic diseases and health management services provided by Miao Health.

At the “Xiang Hui Bao” launch event, attendees included Zhou Sheng, Director of the Financial Affairs Office of the Changde Municipal People’s Government; Fu Xianzheng, Deputy Director of the Changde Branch of the China Banking and Insurance Regulatory Commission; Yu Zigui, Secretary-General of the Changde Insurance Industry Association; Wan Xiang, General Manager of Taiping Property & Casualty Insurance Company Ltd., Hunan Branch; Wu Qi, Deputy General Manager of Taiping Property & Casualty Insurance Company Ltd., Hunan Branch; Gong Hanqing, Head of the Accident and Health Insurance Department and Lead of the Co-insurance Consortium at Taiping Property & Casualty Insurance Company Ltd., Hunan Branch; Yang Ou, General Manager of the Group Insurance Department at Fude Sino Life Insurance Company Ltd., Hunan Branch; She Wenqing, General Manager of the Changde Central Sub-branch at Fude Sino Life Insurance Company Ltd.; Ye Jia, Deputy General Manager of Dadi Property & Casualty Insurance Company Ltd., Hunan Branch; Dai Honghui, General Manager of Taikang Pension Insurance Company Ltd., Hunan Branch; Kong Fei, CEO of Miao Health; Wang Yanhua, Vice President of Miao Health; Chi Yue, Chairman of Hunan Zhongmei Health; and Li Mingjie, General Manager of Hunan Zhongmei Health. These distinguished guests jointly witnessed the launch of “Xiang Hui Bao.”

Fu Xianzheng, Deputy Director of the Changde Municipal Branch of the China Banking and Insurance Regulatory Commission (CBIRC), stated that “Xiang Hui Bao,” as an extension and supplement to the national basic medical insurance, not only aligns with the spirit of the State Council’s “Opinions on Deepening the Reform of the Medical Security System” by truly ensuring access to medical care and coverage for illnesses, but also meets the requirements of the Healthy China initiative. It helps alleviate the difficulties and high costs associated with seeking medical treatment. He urged insurance companies to enhance promotional efforts, strengthen coordination and supervision, and improve claims settlement processes. The Municipal Financial Affairs Office will also reinforce overall coordination and provide further guidance, aiming to achieve a win-win outcome for the government, insurance industry, society, families, and residents.

“Xiang Hui Bao” is open to enrollment by individuals of all genders and ages. At a minimal cost, it provides critical illness coverage for the general public and does not deny coverage based on most pre-existing medical conditions. Wan Xiang, General Manager of Taiping Property & Casualty Insurance Company’s Hunan Branch, stated that the claims coverage of Xiang Hui Bao exceeds the limits of basic medical insurance. In addition to reimbursing out-of-pocket hospitalization expenses, it covers out-of-pocket medication costs for 19 types of malignant tumors, thereby extending coverage to certain items outside the standard reimbursement catalog.

△ Wan Xiang, General Manager of Taiping Property & Casualty Insurance Hunan Branch

“Following the recent epidemic, there is an urgent demand for health protection. As a supplement to basic medical insurance, Xiang Hui Bao can provide robust coverage for insured individuals,” said She Wenqing, General Manager of Fude Life Insurance Changde Central Sub-branch. He stated that the company would meticulously strengthen mid-term and post-insurance services for this product, enabling residents to benefit from this public-welfare initiative at the earliest opportunity. The company is committed to ensuring effective implementation and tangible outcomes, thereby fulfilling its corporate mission of “Enriching the People, Practicing Virtue Across the World.”

△Yang Ou, General Manager of the Group Insurance Department at Fude Sino Life Hunan Branch; She Wenqing, General Manager of the Changde Central Sub-branch

Since the beginning of this year, Huimin Insurance, as an inclusive supplementary medical insurance product, has achieved notable success in multiple regions, bridging the gap between basic medical insurance and pure commercial insurance.

Chi Yue, Chairman of Hunan Zhongmei Health, stated that it is a great honor to participate in the implementation of the “Xiang Hui Bao” project. He expressed hope that, leveraging Zhongmei’s experience and advantages in the comprehensive informatization construction of medical insurance, the company will integrate technological solutions into social-commercial insurance collaboration, provide relevant technical support, and work together with government bodies, underwriting insurance enterprises, health management firms, and other partners to contribute to the establishment of a multi-tiered medical and healthcare security system.

△Chi Yue, Chairman of Hunan Zhongmei Health

Notably, the “Xiang Hui Bao + Health Management” initiative stands out as a major highlight, pioneering a new model that integrates prevention with insurance coverage. By incorporating Miaojiankang’s digital precision health management solutions, it reduces disease risks and adds an extra layer of health protection for residents in the Changde region, truly achieving convenience, affordability, and public benefit.

Wang Yanhua, Vice President of More Health and General Manager of its Miaobao Business Unit, stated that the breakthrough for the development of Huimin Insurance may lie in its integration with health management. Health management not only provides diversified services but also enhances risk identification capabilities. By linking insurance companies, pharmaceutical enterprises, and medical institutions, it ultimately constructs a multi-tiered healthcare security system encompassing “medical care + pharmaceuticals + insurance + health management.”

△ Wang Yanhua, Vice President of Miao Health and General Manager of the Miao Bao Business Unit

Wang Yanhua believes that, empowered by digital capabilities such as the Internet of Things (IoT), big data, and artificial intelligence (AI), Miao Health will continue to innovate and support the insurance industry. The company has recently launched version 2.0 of “Xiang Hui Bao + Health Management,” with version 3.0, featuring an “online + offline” model, on the horizon. This evolution will enable more citizens to access higher-value health protection at lower costs, thereby promoting the robust development of the broader health industry.