Core Viewpoint - Huize Holding Limited has launched "PrimeMed," a customized mid-tier medical insurance product in collaboration with China Continent Property & Casualty Insurance Co., Ltd. and MSH CHINA, aimed at providing flexible and affordable healthcare coverage to consumers in Asia [1][3]. Group 1: Product Features - "PrimeMed" offers premium healthcare services at a competitive price, appealing to consumers looking for an upgrade from traditional million-yuan medical insurance products [2]. - Key features include flexible deductibles with three plan options, children's coverage for those under 18, a relative deductible scheme to offset costs from public health insurance, and affordable premiums starting from RMB 958 for the primary age group [7]. Group 2: Market Context and Strategy - The product addresses the growing public awareness and spending on mid-to-high level medical care services, fulfilling a critical need for comprehensive coverage [3]. - "PrimeMed" extends coverage to areas often not included in basic insurance, such as imported drugs, specialized medical devices, and complex surgeries, aligning with government initiatives for differentiated development in medical insurance [3]. Group 3: Company Overview - Huize Holding Limited is a leading insurance technology platform in Asia, connecting consumers, insurance carriers, and distribution partners through data-driven and AI-powered solutions [4]. - The company targets mass affluent consumers and offers a wide range of insurance products and services, leveraging AI and data analytics to enhance the insurance service chain [4].
Huize Launches Customized Mid-Tier Medical Insurance Product "PrimeMed" in Partnership with CCIC and MSH CHINA