Shang Hai Zheng Quan Bao·2025-07-07 18:06Group 1: Core Insights - The recent guidance from six departments, including the People's Bank of China, aims to enhance the consumption capacity of residents by optimizing the insurance system and increasing consumer willingness [1] - Insurance institutions are responding by increasing the supply of commercial pension products, improving health insurance claims efficiency, and innovating tourism insurance products, thereby alleviating the financial burden of aging and healthcare on residents [1][3] Group 2: Promoting Pension Wealth Accumulation - Commercial pension insurance products, such as personal pensions and dedicated commercial pension insurance, provide long-term wealth accumulation and stable income, enhancing financial planning for retirement [2][3] - Households with commercial insurance experience a reduction in savings rates by approximately 5% to 10% and an increase in consumption expenditure by about 8% to 12% [3] Group 3: Reducing Medical Expense Pressure - High medical expenses significantly impact disposable income, but insurance can mitigate these costs, as demonstrated by a case where a patient faced no out-of-pocket expenses due to insurance coverage [4] - The insurance sector is exploring new models that combine health insurance with health management to better meet diverse health and retirement needs [4] Group 4: Expanding Coverage of Tourism Insurance - Tourism insurance plays a crucial role in stabilizing the tourism market and promoting consumption growth, as evidenced by a case where a tourist received compensation for medical expenses due to an accident [6] - The insurance industry is actively developing innovative accident insurance products to support the growing demand for senior tourism and enhance consumer confidence [6]