BEIJING — A public welfare insurance program designed to promote poverty alleviation has benefited 9.54 million people living below the poverty line since its launch in July 2017, the China Foundation for Poverty Alleviation (CFPA) said on July 12.
The program, launched jointly by the CFPA and private platforms including the Alibaba Foundation, aims to provide supplementary medical insurance to people aged between 18 and 60 from poor households across the country.
By the end of June 2020, the program had covered 80 counties in 12 provincial-level regions, settling a total of 94,833 insurance claims, with compensations reaching 153.86 million yuan (about $22 million), the CFPA said.