BEIJING, Oct.23 (Xinhua) -- Shanghai Municipal Commission of Health and Family Planning and Shanghai Insurance Exchange (SHIE) have inked a cooperative agreement to advance the construction of China's first-ever health insurance trading center in Shanghai, Shanghai Securities News reported on Tuesday.
The insurance trading center is expected to launch commercial insurance business by the end of 2018.
The two parties are actively developing health insurance with lower insurance costs, improved protection, and optimized claim process to promote the integrated development of Shanghai's insurance industry and healthcare industry.
SHIE will also advance commercial health insurance listing and trading services, insurance products innovation, guarantee and claim services, and health management supporting services, as well as expand the value-added services of commercial health insurance. (Edited by Jiang Feifan, Niu Huizhe)
A single purchase
