Core Points - The draft of the "Medical Security Law of the People's Republic of China" has been released for public consultation, aiming to formalize recent healthcare reforms into law and allow for further exploration of reforms [1] - A significant provision in the draft allows for temporary adjustments to the basic medical insurance fund's payment scope during major infectious disease outbreaks, with a legal basis established for previous practices like the COVID-19 vaccine funding [1][2] - The draft consists of 7 chapters and 50 articles, outlining the framework of the medical security system, enhancing fund management, optimizing services, and strengthening supervision to ensure the rights of insured individuals [2] Industry Implications - The draft law emphasizes the need for a structured medical insurance system, including provisions for employee basic medical insurance, urban and rural resident basic medical insurance, and maternity insurance, clarifying coverage, funding methods, and benefit guarantees [2][3] - The law promotes provincial-level coordination of basic medical insurance, which could lead to more efficient resource allocation and improved healthcare access across regions [3]