Our reporter Leng Cuihua
A report recently released by the Insurance Association of China and the Swiss Re Institute predicts that by 2030 and 2040, the demand for long-term care services in my country will reach about 3.1 trillion yuan and 6.6 trillion yuan respectively, and there will be a gap in long-term care service protection. It will reach 1.9 trillion yuan and 3.8 trillion yuan respectively.
In the context of accelerated aging in my country, the demand for old-age care and nursing care continues to increase.
Industry insiders believe that promoting the better development of my country's long-term care insurance requires both macro-level policy support and the insurance industry's efforts on the supply side.
According to the forecast of the World Bank, China's aging will further accelerate in the next 20 years. By 2040, the number of people aged 60 and above will reach about 420 million, accounting for more than 30% of the total population.
At the same time, according to the survey results of the National Office on Aging, the disabled elderly accounted for about 18.3% of the elderly population in the same period.
As my country's aging population accelerates, the demand for nursing care insurance continues to grow.
Xie Yuantao, dean of the School of Insurance at the University of International Business and Economics, told the Securities Daily reporter that there is a huge demand for elderly care services, and a multi-level and multi-pillar care system needs to be built.
Considering the long history of the stratification of commercial insurance and social security, it is recommended that the basic needs of social security long-term protection insurance be solved, and the problems of affordability and accessibility should be solved. Crowding effect.
From the perspective of supply, the current market as a whole is still weak.
Statistics show that by the end of 2021, 49 cities in my country have piloted social security long-term protection insurance (social security "sixth insurance"), but the coverage is still relatively small.
From the perspective of commercial nursing insurance, inter-industry exchange data shows that in 2020, the long-term care insurance premium income of life insurance companies is about 12.3 billion yuan, accounting for only about 1.5% of health insurance premiums. The influence of commercial long-term care insurance is still small.
According to Xie Yuantao, the pilot period of my country's long-term social security protection insurance is still short and the scope is still small.
At the same time, non-uniform nursing standards and high nursing costs have hindered the development of the commercial nursing insurance market.
"From a global perspective, the development of commercial long-term care insurance is relatively weak as a whole." Fang Lianquan, secretary-general of the World Social Security Research Center of the Chinese Academy of Social Sciences, told the "Securities Daily" reporter that on the one hand, due to its long operation cycle, insurance On the other hand, there is a certain probability of disability, and the people who pay attention to this product are relatively small, especially young people who pay less attention to this product.
The imbalance between supply and demand has created a huge gap in the protection of long-term care services.
The above report pointed out that in 2021, the long-term care service guarantee gap for the elderly in urban areas in China will be about 921.7 billion yuan, which is equivalent to about 65% of the long-term care service guarantee demand. It is expected that by 2040, this gap will reach 3.8 trillion yuan.
To meet the nursing needs of the disabled elderly, a multi-level nursing system needs to be established.
Industry insiders have given various suggestions on how to promote the development of commercial nursing insurance.
Xie Yuantao believes that to promote the development of commercial nursing insurance, we can try to take the development route of Huimin Insurance, meet the nursing needs of the elderly through the development of inclusive products, and appropriately relax the requirements for insurance age, insurance occupation and insurance health status. The balance of the employee medical insurance personal account pays the premiums, allowing direct insurance for immediate family members, and increasing the insurance rate through policy support, so that more young groups can be insured for commercial nursing insurance.
"The development of commercial nursing insurance should be inclusive, and the state will give tax incentives or subsidies. At the same time, commercial insurance companies should have a deep understanding of people's nursing needs, improve product actuarial pricing, develop more nursing insurance that meets the needs, and increase market supply. ." Fang Lianquan said.
The report released by the Insurance Association of China and the Swiss Re Institute also put forward detailed suggestions for promoting the development of long-term care insurance.
In terms of macro system, it is recommended that the government clearly establish a multi-level nursing security system, and introduce encouraging policies such as fiscal and tax incentives, and broadening the scope of capital investment.
In terms of capacity building, it is recommended that the insurance industry accelerate the exploration of innovative insurance products suitable for China's national conditions.
In terms of improving quality and efficiency, it is recommended that all stakeholders continue to improve and perfect the supply mode of nursing insurance, and gradually build a long-term care service system with a long-term mechanism.
(Securities Daily)