The new insurance plan, with premiums covered by the government, aims to “alleviate concerns over vaccination among the elderly group and their family members”, state television reported late on Thursday, citing information from the Beijing office of China’s banking and insurance regulator.
The insurance policy payout could be as high as 500,000 yuan (US$74,200) per person for a single benefit, according to the report, which didn’t provide specific details of the plan.
Elsewhere, several districts in the northern city of Tianjin, also battling a fresh Omicron cluster, have pledged to “strictly limit” entry into venues such as stadiums for unvaccinated senior citizens who don’t have medical conditions that render vaccination unsuitable.
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