中信证券:医保谈判成功率创近年新高,商保元年助力支付更多元
Xin Lang Cai Jing·2025-12-09 01:11

Core Insights - The 2025 Innovative Drug High-Quality Development Conference will be held on December 7, 2025, in Guangzhou, where the National Healthcare Security Administration will release the 2025 National Basic Medical Insurance, Maternity Insurance, and Work Injury Insurance Drug Catalog, along with the Commercial Health Insurance Innovative Drug Catalog [1] Group 1 - A total of 114 drugs were successfully included in the basic medical insurance catalog, which includes 50 Class 1 innovative drugs, achieving a success rate of 88%, the highest negotiation success rate in nearly seven years [1] - The first version of the commercial insurance catalog includes 19 products, among which 5 are CAR-T products [1] - Continuous policy support and encouragement from the government for innovative drugs, along with the parallel operation of basic medical insurance and commercial insurance, is expected to diversify payment methods and gradually enhance the returns for innovative drug companies [1]

CITIC Securities Co., Ltd.-中信证券:医保谈判成功率创近年新高,商保元年助力支付更多元 - Reportify