Medical Insurance and Integrated, High-End Medical Service Provider Join Forces in a New Healthcare Model
United Family Healthcare and Yong An Insurance Jointly Launch New Unity Health Insurance Plan to Provide Long-Term, Hassle-Free Option for Individuals and Families in China Seeking Access to the Very Best in Personalized, Premium Care
Beijing, China – July 2, 2015 – Fosun Group today announced that two of its portfolio companies, United Family Healthcare (UFH), China’s first and largest international-standard healthcare provider, and Yong An Insurance Co., Ltd. (YAIC), China’s renowned national property and casualty insurance leader, have jointly launched an officially sanctioned UFH-customized insurance plan open to anyone seeking the most convenient access to world-class premium healthcare in China.
The new plan, Unity Health Insurance, is the first of its kind, a program that comes directly from the collaboration between a professional, international-standard medical system and insurance company. This innovative approach challenges traditional medical insurance models, where a single insurance agency offers reimbursement for services purchased from healthcare providers on behalf of their clients. With the healthcare organization involved in the process, all parties’ interests are aligned to improve the general health of plan members through prevention and early detection programs. Should illness occur plan members will receive care through United Families world class network of hospitals and clinics. With the backing of Fosun Group’s considerable resources, Unity Health Insurance is a substantial leap in the development of medical insurance products in China.
Unity Health Insurance allows those enrolled to enjoy 100% coverage, full reimbursement, direct billing services, no deductibles, and only a per-visit charge of RMB 50 (US$ 8) throughout most of UFH’s 19 international-standard hospitals, clinics, and medical centers across China. Unity Health Insurance will cover the cost of UFH’s renowned high-quality, safe, and personalized treatment for most major care areas, including inpatient and outpatient care, emergency services, wellness care, general health check-ups, preventative care, vaccinations, pediatric health, and many more. With a referral from a UFH Family Medicine physician and slight extra co-pay, the plan also provides for limited treatment at hundreds of public medical institutions across China, including VIP facilities. Annual enrollment prices for the Unity Health Insurance plan will range from approximately RMB 10,000 to 35,000 (US$ 1,600 to $5,700) for individuals, depending on the age of the individual being insured, with family options available as well. Details of the plan can be explained by a team of experienced YAIC professionals and consultants providing 24 hour, 7 day a week service at 400-630-0611.
“Our Unity Health Insurance plan provides comprehensive, convenient, and personalized United Family healthcare at a predictable and transparent price point,” said Roberta Lipson, CEO of United Family Healthcare. “Now everyone can access premium care at some of the finest hospitals and clinics in China, hassle-free, by enrolling and getting a Unity Health Insurance card.”
Patients enrolled in the Unity Health Plan will be assigned a UFH Family Medicine physician who will serve as their personal health consultant. Based on the in-depth knowledge of each individual’s unique health circumstances, conditions and medical history, this physician will help maintain and improve health, ensuring those in the plan receive high-quality, comprehensive, continuous, and coordinated care. Those enrolled in the Unity Health Insurance plan will enjoy direct billing, paperless checkout after treatment, and automatic free membership for all UFH facilities with potential additional discounts, updates on the latest in health information, and a range of other services that allow patients to focus on good health, rather than the hassle of billing and reimbursement.
Unity Health Insurance 24-hour Service Hotline: 400-630-0611
About Yong An Insurance
The Yong An Insurance Co., Ltd. (YAIC), China’s influential national property and casualty insurance company, is focused on actively fulfilling its responsibilities to its stakeholders in financing, economic compensation and social management. Founded in Xi’an, China in 1996 as a part of the Fosun Group, YAIC strives to realize its mission of creating satisfaction for customers, wealth for shareholders, values for society and opportunities for employees. YAIC’s Health Insurance Business Unit focuses on health and accident insurance. It is led by skilled staff with over a decade of experience in integrating product development, underwriting, claim management and reinsurance, all in one operation. The YAIC Health Insurance Business Unit provides efficient health solutions tailored to each individual’s needs while safeguarding risk, bringing health and happiness to you and your family.