“Promoting the sixth insurance program,” by Wang Qiao, ChinaDaily

Quote:
“China already has five social insurance programs: elderly care, healthcare, unemployment, work injury and maternity. The government runs the programs, with the individuals and employers paying premiums on a compulsory basis. Four years into the trial run, the long-term care insurance is likely to become the sixth program.”

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Interesting how most U.S. analysts want to handle long-term care in the same way as the Chinese Communist Party—with compulsory social insurance enforced by government. For more on LTC in China, see LTC Bullet: Long-Term Care Insurance in China, November 6, 2020.