中青报·中青网记者 王一迪 长期卧床的老人陈秀兰（化名）躺在柔软舒适的床上，房间里散发出洁净被褥的清香。这一年，她每天 早起后就习惯性地留意门铃声，期盼长护险护理员赵听听的到来。"儿子不在身边，听听就像我的女儿 一样，一声声'阿姨'叫得我心里既暖和又舒服。"陈秀兰说。 农历腊月二十三，当大多数人忙着置办年货、返乡与家人团聚时，37岁的赵听听依然背着她的护理包， 穿梭在上海宝山区的居民楼里。她已经连续8年没有回老家过年了。 在宝山区，像赵听听这样春节坚守岗位的护理员共有1177名，他们守护着全区32193名正在享受长护险 服务的老人。截至2025年底，宝山区长护险基金已累计支付评估及照护服务费用19.25亿元，累计提供 居家护理服务达2526.44万余小时。这个春节，61%的护理员选择留守岗位，确保长护险服务"温暖在 线"，用专业和温情守护着失能老人的安康。 赵听听在 为陈秀兰按摩，做康复训练。中青报·中青网记者 王一迪 摄 让失能老人重拾生活尊严与信心 每天上门，赵听听都要帮陈秀兰完成擦身、洗澡等个人卫生护理，然后修剪指甲、更换床单，让老人周 身清爽。针对陈秀兰腿脚无力的情况，赵听听还会为她进行康复训练，以防 ...

作为一项以社会互助共济方式筹集资金的社会保险制度，长护险将家庭难以承受的重担转化为社会多元 分担的责任，构建起"个人+医保+财政"的筹资机制，让专业照护从少数家庭可用的"奢侈品"，转变为大 多数家庭可负担的"公共产品"。2025年，镇江市长护险已覆盖所有职工和居民医保参保人员，年度内累 计为超1.8万名失能人员提供了保障。实践证明，好的制度设计能精准解决人们的困扰，赋予家庭走向 未来的底气。 除了长护险，破除养老难题还需更多制度创新。当前不少地方，护理人才紧缺仍是制约养老服务质量的 瓶颈，这就需要制度创新进一步向人才培育倾斜，通过培训补贴、薪酬提升、星级考核等方式，吸引更 多人加入护理行业。同时，要推动服务模式创新，打通服务"最后一公里"，让照护更便捷、更专业。 "养老服务的最终目标，就是支持每一位长者成为有尊严、有品质的生活者。"刘彤委员表示。制度创新 的目标应瞄准养老服务。从长护险的扩面提质到护理人才的培育激励，从居家服务的精准供给到异地照 护的便捷衔接，每一项制度创新都在为破除养老难题找出路。民生政策要与经济发展形成良性互动，既 破解家庭痛点，又激活银发经济新动能的养老制度才能扎根生长。 □ 孟亚生 省 ...

Core Insights - Guangdong's insurance industry has evolved significantly since its revival in 1980, becoming a key pillar of the financial sector alongside banking and securities, and is crucial for supporting the real economy and social welfare [2] - By 2025, the insurance industry in Guangdong is expected to deepen reforms and focus on serving the real economy and social welfare, showcasing a model for national transformation [2] Group 1: Catastrophe Insurance - In the period from January to November 2025, Guangdong's insurance premium income reached 738.96 billion yuan, marking an 8.35% year-on-year increase, positioning it among the top in the nation [3] - The traditional model of catastrophe insurance is shifting from "post-compensation" to a comprehensive risk management approach that includes "pre-warning, in-process control, and post-compensation" [3] - Guangdong has established a multi-layered risk diversification mechanism for catastrophe insurance, balancing public welfare and commercial sustainability through a collaborative model involving market leadership and government support [3][4] Group 2: Long-term Care Insurance - As of October 2025, Guangdong's basic medical insurance enrollment reached approximately 113 million, the highest in the country, providing a solid foundation for promoting long-term care insurance [5] - Guangzhou, as a pilot city for long-term care insurance, has developed a multi-tiered service system, with 2.297 million participants and over 51.8 billion yuan in fund expenditures by June 2025 [7] - The integration of commercial insurance into long-term care services is breaking traditional insurance limitations, extending coverage to care services and enhancing the overall support network for elderly care [7] Group 3: Cross-border Insurance - The Guangdong-Hong Kong-Macao Greater Bay Area's geographical and policy advantages are fostering innovation in the insurance sector, particularly in cross-border vehicle insurance [8][10] - By June 2025, the cross-border vehicle insurance policy has facilitated insurance for 90,300 vehicles from Hong Kong and Macao, while health insurance has served over 150,000 individuals [10] Group 4: Support for Technological Innovation - In 2025, Guangdong's insurance sector provided risk coverage of 31.1 trillion yuan to technology enterprises, reflecting a 76% year-on-year increase, driven by supportive policies in the tech finance sector [11] - Insurance products tailored for specific technological advancements, such as "low-altitude insurance" for eVTOLs and liability insurance for AI systems, are being developed to support innovation [13] Group 5: Investment Trends - Insurance capital is increasingly flowing into diverse sectors, including green energy and elderly care, with significant investments in offshore wind power and community projects [14][16] - By 2025, 17 insurance companies have established nursing homes in Guangdong, with investments exceeding 24 billion yuan in 21 elderly care community projects [16] Group 6: Industry Self-regulation - The Guangdong Insurance Association has introduced a self-regulation charter to combat homogeneous competition and price wars, emphasizing ethical practices and differentiated advantages [17] - The charter aims to maintain industry integrity by prohibiting practices such as excessive commission payments and unethical bidding in government projects [17]

Group 1: New Drug Policies - The new national medical insurance drug list has been implemented, adding 114 new drugs covering areas such as cancer, diabetes, and rare diseases [2] - A new batch of centralized procurement for 55 drugs will take place in February 2026, including medications for allergies, diabetes, and antiviral treatments [2] - The first version of the commercial insurance innovative drug directory has been released, providing 19 innovative drugs for reference in product design [2] Group 2: Maternal and Child Health - From July 1, 2025, Jiangsu province implemented a "zero out-of-pocket" policy for hospital deliveries, with the aim to expand this benefit nationwide by 2026 [4] - The 2026 initiatives include increasing maternity subsidies, expanding coverage for flexible workers and migrant workers, and incorporating suitable pain relief methods into medical insurance [4] - A series of measures are being introduced to support child health and development, including direct disbursement of maternity benefits to insured individuals [4] Group 3: Elderly Care and Long-term Insurance - Long-term care insurance is expanding to cover more individuals, with a focus on enhancing elderly care services starting in 2026 [6][7] - The initiative includes establishing geriatric departments in hospitals and extending care services to community and home settings [6] Group 4: Healthcare Accessibility and Insurance Fund Security - The medical imaging cloud platform will enhance the sharing of diagnostic data across provinces, aiming for over 300 mutual recognition projects by the end of 2027 [8] - The implementation of cross-province use of employee medical insurance accounts will be fully realized in 2026 [8] - A new drug traceability system will be enforced from January 1, 2026, to combat illegal activities related to medical insurance funds [8]

Group 1 - The core viewpoint of the article highlights the implementation of new healthcare policies in 2026 that will benefit the public, including the introduction of new drugs and medical services [2] - A total of 114 new drugs will be included in the national medical insurance drug list, covering areas such as cancer, diabetes, and rare diseases, with an additional 19 innovative drugs for commercial insurance [3] - The latest batch of centralized procurement for 55 drugs will take place in February 2026, including medications for allergies, diabetes, and antiviral treatments [3] Group 2 - From March 1, 2026, primary healthcare institutions are required to stock at least five categories of antihypertensive drugs to enhance medication accessibility [4] - The "zero out-of-pocket" policy for hospitalization during childbirth will expand nationwide, aiming for full coverage of eligible expenses by 2026 [5] - The long-term care insurance (LTCI) will transition from pilot programs to comprehensive coverage for all insured individuals, enhancing elderly care services [8] Group 3 - The medical insurance imaging cloud will facilitate the sharing of diagnostic imaging data, reducing the need for patients to carry physical records and minimizing repeated tests [9] - By 2026, the cross-province sharing of medical insurance accounts will be fully implemented, along with advancements in payment methods to reduce hospital wait times [11] - All medical institutions will be required to upload drug traceability codes starting January 1, 2026, to combat illegal activities related to medical insurance funds [11]

Core Viewpoint - The press conference held in Dezhou City on December 30 introduced the main progress and achievements of the city's medical security work for 2025, focusing on the pilot program for long-term care insurance for residents and its impact on improving service accessibility for disabled individuals in rural areas [1] Group 1: Long-term Care Insurance Pilot Program - The pilot program has implemented localized measures to enhance service accessibility for disabled individuals, including tailored plans for each town to ensure no eligible individuals miss out on benefits [3] - A tracking mechanism has been established to follow up with discharged patients from medical institutions, ensuring timely access to care services for newly disabled individuals [3] Group 2: Resource Utilization and Integration - The program has effectively utilized idle medical resources by converting unused hospital beds into nursing beds, increasing bed utilization rates by an average of 25.31% across 16 institutions [4] - Collaboration between quality elderly care resources and grassroots medical institutions has been initiated, addressing the shortage of specialized nursing resources in rural areas [4] Group 3: Professional Care Supply and Training - The city has integrated professional home service agencies into the long-term care insurance system, recruiting local caregivers and providing specialized training, resulting in a caregiver workforce of 1,060, with 84.9% being new hires since the pilot's launch [6] - A training mechanism for family caregivers has been established, offering hands-on training to improve the quality of care provided by family members [6] Group 4: Service Standardization and Customization - The home care service offerings have been optimized to include 51 types of care, ensuring comprehensive support for disabled individuals through a combination of family and professional caregiver services [7] - The "DeKang Anhu" care package has been introduced, allowing for a mix of fixed and optional services, with costs ranging from 100 to 180 yuan per session, catering to the personalized needs of disabled residents [7] - By 2025, the program has provided home care services to 241,400 disabled residents, totaling 362,100 hours of service [7]

Core Viewpoint - The company emphasizes the integration of investment in both material and human resources to enhance public welfare and service delivery, aligning with national economic policies focused on improving people's livelihoods [1]. Group 1: Policy Implementation and Community Engagement - The company has actively implemented the central government's decision to improve public service systems, particularly through the inclusion of non-emergency transport services in long-term care insurance, addressing community needs [2][3]. - A pilot program in Jiaxing County, Zhejiang Province, has been established to facilitate non-emergency transport for patients, with the company organizing community outreach to gather feedback and refine policies [3]. Group 2: Technological Innovation in Service Delivery - The company has introduced a smart long-term care service center in Huai'an, Jiangsu Province, utilizing technology to enhance service efficiency and transparency, ensuring that funds are used effectively [4][6]. - The AI-driven service assistant "Xiao Yu" has successfully answered over 200 inquiries, achieving a 100% accuracy rate in service path planning, demonstrating the integration of technology in public service [6]. Group 3: Rural Healthcare Support - The company has developed a model involving village doctors in long-term care insurance, addressing the challenges of rural healthcare and enhancing service delivery through community-based support [7][9]. - The successful implementation of this model has led to the establishment of a collaborative management system that connects village doctors with local health institutions, expanding the reach of long-term care services [9]. Group 4: Future Directions - The company aims to continue exploring and improving the elderly care service ecosystem, ensuring comprehensive coverage and effective support in alignment with national policies on aging and social security [9].

Core Viewpoint - The modernization of China is closely linked to a robust social security system, which is essential for achieving common prosperity. The 20th Central Committee's Fourth Plenary Session emphasizes the need for an optimized and sustainable social security system during the 15th Five-Year Plan period [1] Group 1: Economic Growth and Social Security - Social security plays a crucial role in China's rapid economic development and long-term social stability, with the country having established the world's largest and most comprehensive social security system [1] - Experts suggest that reforms should focus on reducing pension disparities among different groups and regions, enhancing fairness, and gradually increasing the level of protection [2][3] - There is a need to balance rigid expenditures like pensions with investments in children and families to create a virtuous cycle of development and welfare [2] Group 2: Adapting to Social Changes - The current demographic changes and employment transformations necessitate further improvements in the social security system to enhance its effectiveness [3] - Innovative funding models for pension insurance are essential due to the increasing limitations of fiscal subsidies amid an aging population [3] - Social security should also play a more active role in income distribution adjustment and addressing technological changes [3] Group 3: Long-term Care Insurance - Since its pilot launch in 2016, long-term care insurance has made progress but still faces challenges such as limited coverage and mismatched service supply and demand [4] - Recommendations include accelerating national legislation for long-term care insurance and developing a sustainable funding mechanism [4] Group 4: Promoting Social Mobility - Barriers to labor mobility across urban-rural, regional, and new-old employment sectors exist, primarily due to inadequate social security system integration [5] - The design of social security must adapt to the characteristics of new employment forms to enhance coverage and rights protection for workers [6] - Continuous optimization of the social security system is necessary to improve social mobility and promote fairness and quality of life [6]

Core Insights - The current pension system in China faces dual challenges of "getting old before getting rich" and "being unprepared for aging" as the country enters a longevity era [1][2] - The core issue of the pension problem is identified as "where the money comes from," highlighting the low participation rate and high account vacancy in the third pillar of the pension system [1] Summary by Categories Pension System Structure - China has established a three-pillar pension system consisting of basic pension insurance (first pillar), enterprise annuities/professional annuities (second pillar), and personal pensions (third pillar) [1] - The low participation rate and high account vacancy in the third pillar are significant issues that need to be addressed [1] Financial Risks for the Elderly - The two major financial risks faced by the elderly are medical expenses and disability care [2] - Although pilot programs for long-term care insurance (LTCI) have been initiated in some cities, overall coverage and utilization rates remain low [2] Policy Recommendations - It is suggested to explore allowing individuals to access part of their personal pension early under strict regulation, which could enhance the system's attractiveness [1] - There is a call for accelerating the nationwide coordination of LTCI and improving the integration of basic medical insurance with commercial health insurance and LTCI [2] - The development of the pension industry should seek a balance between "high-end" services and "universal accessibility," ensuring that middle and low-income groups can achieve sustainable pension payment capabilities [2] - Policy design must consider both efficiency and equity, particularly focusing on the needs of rural and vulnerable populations [2]

Group 1: Financial Performance - Revenue for Q3 2025 was 4.1 billion CNY, a decrease of 4.6% year-on-year, primarily due to a decline in retail business in Yunnan and risk management in distribution [2] - Net profit attributable to shareholders for the first nine months of 2025 was 269 million CNY, down 8.17% year-on-year, with credit and asset impairment losses impacting nearly 15 million CNY [2] - Total cash dividends for 2025 amounted to nearly 300 million CNY, with a share buyback of 150 million CNY, of which 135 million CNY was financed through a special loan [2] Group 2: Business Segment Performance - Retail business, which includes retail pharmaceuticals (over 55% of retail revenue), saw a significant decline in Yunnan, while other regions maintained positive growth [3] - Distribution business faced a substantial drop in revenue due to risk management measures following the Kunming Minsheng Pharmaceutical incident, affecting various distribution categories [4] - The Chinese medicine industrial segment is focusing on formula granules, with nearly 660 products meeting local standards and around 400 products progressing towards national standards [4] - The healthcare business, although small, is growing rapidly, with the first centralized elderly care center achieving profitability and plans for a second center expected to open by the end of 2026 [4] Group 3: Store Network and Adjustments - The number of stores decreased from 11,498 at the beginning of the year to 11,230 by September 30, 2025, with 430 closures and 288 openings/migrations [5] - Yunnan has 5,521 stores (49% of total), with ongoing adjustments to enhance store efficiency and expand non-pharmaceutical categories [5] - By the end of 2025, the company plans to complete adjustments in 1,000 stores, focusing on health-related products and professional categories [5] Group 4: Strategic Insights and Future Plans - The company aims to optimize internal operations in response to external policy changes and macroeconomic factors affecting the retail environment [6] - The introduction of long-term care insurance presents significant opportunities for the healthcare business, with existing centers positioned to accommodate this demand [9] - Future investments will focus on regions like Southwest China and Hainan, with plans to enhance store density and service capabilities [10] - The company plans to promote community and home-based elderly care services, aligning with the preference of over 95% of seniors for home care [11]