Ping An health insurance can be divided into short-term health insurance and long-term health insurance. Short-term health insurance refers to health insurance with an insurance period of less than one year, excluding renewal clauses. Long-term health insurance refers to health insurance whose insurance period exceeds one year or whose insurance period does not exceed one year.
There are three main payment methods for Ping An Health Insurance: expense compensation or reimbursement, fixed payment and hospitalization subsidy. Health insurance mainly considers disability rate, disease rate and duration of disease (disability), and its calculation is based on the loss rate of insurance amount and unexpired liability reserve.
The insurance liability of Ping An Health Insurance is injury insurance, and the influencing factors are particularly complicated. There are many risk factors in health insurance, especially adverse selection and moral hazard. Therefore, in underwriting, health insurance is much stricter than other insurances.
Ping An Health Insurance Co., Ltd. is a professional health insurance company of China Ping An Group. It was established on June 13, 2005 with the approval of China Insurance Regulatory Commission. Its main business scope includes all kinds of health insurance business, accident insurance business, health insurance business entrusted by the government, health consulting service, health insurance reinsurance business, etc. The company has a registered capital of 500 million yuan and is headquartered in Shanghai, China.