Research On The Development Of Block Chain Medical Insurance In China

With the deepening of medical insurance system reform in China,problems such as uneven distribution of medical resources,poor circulation of diagnosis and treatment information,and data leakage of patient information have gradually surfaced.Datas show that medical adverse events account for 10% of malignant events in major developed countries.China has about 7.8 billion outpatient visits,200 million inpatients and 50 million surgical patients every year,so domestic medical treatment has high risks.However,by improving the insurance compensation mechanism,the occurrence of medical disputes can be reduced to a certain extent.Therefore,the medical insurance in the bottleneck period has received great attention.Meanwhile,the development of blockchain technology has attracted worldwide attention,and it is expected to improve the standard of medical insurance in the early stage of its development.Based on decentralized distributed ledger technology,blockchain can provide an information platform which can store personalized health record and payment status to insurance companies,and keep the insured continuous information records without being tampered.Meanwhile,the characteristics of high risk,strong dispersion and high sensitivity of insurance are consistent with the properties of blockchain.First,the decentralized record of blockchain is traceable,which can make the process of medical treatment and purchase of medical insurance services in medical institutions more transparent.Secondly,because of the unchangeable property and security of blockchain,it can solve the problem of information privacy protection and commercial core data security in data transmission.In addition,the consensus mechanism of blockchain can improve the credibility of the transaction.For functions of blockchain mentioned above,it can largely help the insurance companies achieve the goal of content sharing and connection in a lage number of scattered nodes within the companies and uses,thus greatly accelerates the space and speed of insurance innovation.Centering on the theme of blockchain on medical insurance,this paper takes the case of Wechat smart hospital 3.0 as an example to elaborate the concept of blockchain medical insurance,the characteristics and advantages of the applicaion of blockchain in insurance and the differences between it and ordinary commerical medical insurance.Then,according to the current development of Chinese blockchian medical insurance,the problems of Chinese blockchain medical insurance are elaborated,such as enterprises fail to prepare for transformation of development,immature technology application and lack of policies on insurance technology.Followed it the necessity and feasibility of developing blockchain medical insurance in China are analyzed.Combined with the mature experience of developing blockchain landing medical insurance in developed countries abroad,several inspirations are brought to the development of medical insurance in China.Finally,suggestions are given on strengthening international cooperation,formulating relevant standards,improving data platform,improving technology security and issuing laws,which are expected to be helpful to the innovation and developent of blockchain medical insurance in China.