Yang Zheng: It is necessary to take the demand for the elderly as the starting point to promote the exploration of the combination of medical and health care

Source: People's Daily News

On April 18, the Boao Forum for Asia Annual Conference 2021 opened. Yang Zheng, Secretary of the Party Committee of Ping An Life Insurance Co., Ltd. (hereinafter referred to as "Ping An Life"), was invited to attend the sub-forum on "Welcoming an Aging Society - Social Management for the Elderly" and expressed his views on the current pension dilemma and solutions.

Yang Zheng said that to cope with aging, all parties need to work together and contribute wisdom and efforts. Insurance companies should give play to the important supplementary role of commercial insurance to the national social security system, make up for the huge gap in national pension resources, integrate the pension service industry chain from the supply side and payment side, and spawn and prosper the pension ecology.

In Yang Zheng's view, the continuous intensification of aging has brought great challenges to the development of China's economy and society, and has also promoted the continuous upgrading of demand for pension financial products, aging supplies, and pension services, bringing new growth points to the development of the economy and society. Driven by the national pension service policy, the pension service industry will accelerate its development and usher in a golden period of growth. As a "social stabilizer", the background of the insurance industry is love and responsibility, in the face of the people's growing demand for the elderly, the insurance industry has accelerated the implementation of the relevant policies and measures of the state on promoting the combination of medical and nursing care, actively participated in the construction of the three pillar system of old-age security, steadily promoted the pilot of the long-term care insurance system, and promoted the combination of medical and health care.

Yang Zheng also said that Ping An Life should fully seize the opportunity of aging development, take the growing demand for old-age care as the starting point, and strive to explore the innovative development path of combining medical and health care.