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| Friday, September 05, 2008 23:38:08 |
Chindex United Family Hospitals launch PPO health insurance plan
Chindex International, Inc., an independent American provider of Western healthcare services and products China announced the launch of the first ever premium service commercial health insurance product for Chinese nationals in China by its Healthcare Services division which operates the Company's United Family Hospital (UFH) network of private healthcare facilities.
The program was developed in conjunction with the FESCO IB Insurance Brokerage Company, Ltd., the insurance brokerage arm of the well-known Chinese company, FESCO (Foreign Enterprise Service Corporation). The product is approved by the China Insurance Regulatory Commission, with Chinese currency settlement in Mainland China. It provides coverage worldwide. Chindex and FESCO IB will jointly market the product initially to targeted market segments in Beijing and Shanghai.
“We have been working hard to bring a health insurance product to the market which would allow Chinese people easier access to our United Family Hospital facilities. This program with FESCO IB is the first step," said Chindex CEO and United Family Hospital Chairman Roberta Lipson. "We hope in the future to issue other products which will be accessible to an even broader segment of the population in China."
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