Economic Developments in Contemporary China by Jeffries Ian;
Author:Jeffries, Ian;
Language: eng
Format: epub
Tags: Economics, Finance, Business & Industry
Publisher: Taylor & Francis Group
Published: 2010-07-29T00:00:00+00:00
Many younger people from the countryside are working in cities where they have to pay all their treatment costs. A new labour contract law introduced this year [2008] requires employers to pay medical insurance for such workers. But migrants are often hired informally, making it easy for employers to evade such requirements ⦠[One estimate says that] more than half of the urban population has no insurance ⦠Last year [2007] the government introduced an urban insurance scheme (similar to the rural one) aimed at non-working residents, including children and university students. The aim is to have every urban citizen covered by 2010 ⦠the government spends a mere 0.8 per cent of GDP on health.
(The Economist, 23 February 2008, p. 71)
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