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Xinhua Silk Road
Policy

China to launch trial tax credit plan for health insurance purchase in 31 cities

December 11, 2015


Abstract : China will launch a pilot program that encourages the public to purchase commercial heath insurance by offering tax credits in 31 Chinese cities, according to an official circular issued on Friday.

BEIJING, Dec.11 (Xinhua) -- China will launch a pilot program that encourages the public to purchase commercial heath insurance by offering tax credits in 31 Chinese cities, according to an official circular issued on Friday.

The 31 cities includeBeijing, Shanghai, Tianjin and Chongqing.

Starting from January 1, 2016, buyers of commercial health insurance policies in those cities will be allowed to have no more than 2,400 yuan of premium payments deducted from taxable income each year. (Edited by Ding Lei, dinglei@xinhua.org)

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Keyword: China-Health Insurance

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