Shanghai: Encourage the development of commercial health insurance through methods such as tax deductions and optimizing fundraising.

The Shanghai Financial Regulatory Bureau recently jointly issued with the Shanghai Medical Insurance Bureau, the Municipal Party Committee Office of Financial Work, the Municipal Development and Reform Commission, the Municipal Science and Technology Commission, the Municipal Health Commission, and the Pudong New Area Government, the "Several Measures to Promote the High-quality Development of Commercial Health Insurance and Support the Innovation of the Biopharmaceutical Industry." It mentioned deepening the innovation of payment mechanisms for innovative drugs and medical devices, facilitating the entry of innovative drugs and medical devices into hospitals, medical directories, and prescriptions, supporting medical institutions in the rational use of innovative drugs, and innovative drug application cases within the scope of commercial health insurance coverage may not be included in the payment range by disease. At the same time, it encourages support for the development of commercial health insurance through tax deductions, optimization of financing, and other means. Strengthen insurance promotion and guidance to form a policy synergy.