Research On The Solvency Evaluation And The Solvency Influencing Factors Of Health Insurance Companies In China

With the rapid expansion of Chinese commercial health insurance market,the market entities continue to increase,and various types of health insurance products are continuously enriched.At present,there are seven health insurance companies in China.There are 150 insurance companies operating health insurance businesses,including 75 life insurance and pension insurance companies and 68 property insurance companies.Since health insurance is contracted for health and involves third-party service organizations,coupled with uncontrollable medical expenses and higher adverse selection and moral hazard factors,professional health insurance companies and life insurance companies,non-life insurance companies The risks are different.At present,China's health insurance companies often have performance losses.Therefore,the regulatory requirements for solvency of professional health insurance companies should be different from those of life insurance companies and property insurance companies.Since 2016,China's insurance industry has officially implemented the second-generation supervision system.The second-generation regulatory system is mainly concerned with the multi-level risk management control level of insurance companies,but the regulatory system does not have regulatory rules for health insurance business and health insurance companies.In the 1st and 9th documents of the regulatory rules,although the health insurance business is involved,it is only based on the health insurance business divided into long-term health insurance and short-term health insurance,which apply to the relevant provisions of life insurance business and non-life insurance business respectively.Relevant regulations.With the continuous development of China's commercial health insurance industry,the corresponding management system should also match its development speed.Therefore,the author evaluates the solvency of China's health insurance companies by entropy method.It is concluded that the supervision of China's health insurance companies' solvency is more comprehensive under the second-generation system,but China's health insurance companies still face insufficient solvency.This may be because commercial health insurance has its particularity,so the regulation of the solvency of health insurance companies should be targeted.At present,there is not much research on the solvency of China's health insurance companies.This paper firstly summarizes the research on the solvency of insurance companies.It is considered that the most suitable method for current use is to analyze the internal and external factors separately.At the same time,considering the availability of data and the amount of data,the analysis method that selects suitable solvency influencing factors through literature research,that is,the analysis of internal influence factors and external influence factors are all based on gray correlation analysis.At the end of the article,the comprehensive evaluation and analysis of the analysis results of the influencing factors shows that the impact of internal factors is the most important in terms of asset quality and operational stability,and the asset recognition rate and recognized asset-liability ratio have the greatest impact,but Asset quality,operational stability,reserve adequacy and profitability have certain influences;the macroeconomic development level of external influence factors has the greatest impact on it,followed by social basic medical insurance and its degree of protection,population growth model and medical services.surroundings.The results of this study show that the internal and external factors affecting the solvency of health insurance companies are different from those of life insurance companies and property insurance companies.Therefore,health insurance companies should carry out specialized solvency supervision to adapt to the development of the period.This paper is mainly to focus on the factors affecting the solvency of health insurance companies,and to analyze the solvency of health insurance companies.Under the background of the implementation of the second generation solvency supervision system in China,the preliminary evaluation and analysis of the solvency of China's health insurance companies,and then the research and analysis of its influencing factors have certain theoretical and practical significance.According to China's national conditions,I try to put forward the idea of supervising the solvency of China's health insurance companies.I hope that I can give a reference to the research on the solvency of China's health insurance companies.Due to the limitation of time and author level,there are still many shortcomings in this paper.The author will further improve in the future study and research.