Ping An Good Doctor eying corporate health management market

Ping An Healthcare and Technology said it has signed agreements with around 200 enterprises to offer managed health care plans, 50 days after the launch of the service.

Ping An Healthcare and Technology Company Ltd, or Ping An Good Doctor, announced that it has signed agreements with around 200 enterprises to offer one-stop managed health care plans for a total of 1.50 million employees, 50 days after the launch of the service.

The plan aims to provide around the clock, comprehensive health management services to enterprise employees, covering services like physical examinations, online medical consultations and health insurance.

By combining the advantages of full-time medical teams and AI doctors, the “online clinic" platform is able to provide convenient and fast consulting services for corporate clients 24 hours a day and seven days a week.

It can make a quick judgment of users’ medical needs, and if the online diagnosis shows that there is no need to visit a hospital, then he or she can purchase medicine from online pharmacies and receive them within one hour.

The "Healthy China 2030” blueprint, released by the Communist Party of China Central Committee and the State Council in 2016, said that the total scale of the health service industry will amount to 16 trillion yuan (US$2.39 trillion) by 2030.

Accordingly, Ping An Good Doctor predicted that the market for health management of Chinese enterprises will reach 4.8 trillion yuan during the same period.

The great market potential, plus the relatively low efficiency of domestic hospital outpatient services, presents big opportunities for one-stop medical management service providers.

Bai Xue, chief operating officer of Ping An Good Doctor, said they are not only concerned about the health of enterprise employees, but are also committed to spreading the concept of health management to every enterprise and every employee.

The managed health care plan was co-launched by Ping An Good Doctor and the Ping An Annuity Insurance Company in late May, 2018. 

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