If you still think million medical insurance only compensates you with money, you may not fully understand its value.
Having million medical insurance means more than just covering medical expenses—it provides the confidence to stay healthy and even buys you time in a race against death. Here’s why: Illness is terrifying, but even worse is lacking the funds for treatment. The cost of treating cancer or severe illnesses can often reach hundreds of thousands, a sum most families cannot afford. This often leads to exhausting savings or selling assets. Money can buy life-saving time and hope. With advancements in medical technology, many once-incurable diseases are now treatable—provided you have sufficient funds. Even for incurable conditions, ample financial resources can extend life through advanced treatments, offering hope for each additional day. Million medical insurance serves as a powerful supplement to basic health insurance. Many imported drugs and equipment required for serious illnesses are not covered by basic insurance, making them expensive out-of-pocket expenses. Some million medical insurance plans now cover external drug and equipment costs, with annual payouts up to millions, preventing financial ruin. Thus, million medical insurance is crucial for both patients and their families. For a few hundred dollars annually, you can secure millions in coverage, offsetting major medical expenses. For families with limited savings, it not only mitigates financial risk but also spares them the agonizing choice between treatment and bankruptcy. But with so many products and complex terms, how do you choose the right one? Drawing on 8 years of insurance evaluation experience and thousands of client cases, this article provides a practical guide. 1. How to Choose Million Medical Insurance: Focus on These 4 Points! Post-DRG reform, many products are outdated. Finding a reliable plan is challenging—here’s what to prioritize. 1. Comprehensive Basic Coverage Hospitalization, outpatient surgery, special outpatient care, and pre/post-hospitalization emergency visits are essential. Missing any could cost you tens of thousands. 2. Long-Term Renewal Guarantee A long-term renewal policy acts as a “permanent pass” for million medical coverage.Currently, many products in the market offer guaranteed renewal for up to 20 years, and some even provide lifetime coverage for specific illnesses like cancer. This means that during the guaranteed renewal period, factors such as illness, claims, or product discontinuation will not affect your ability to renew, ensuring more stable coverage.
3. Comprehensive Coverage for Outpatient Medications Outpatient medication coverage has undergone significant changes following recent healthcare reforms. With the implementation of DRG reforms and the widespread adoption of centralized procurement, it is crucial to prioritize products without restrictive medication lists. Cost-control measures have led to the disappearance of many imported drugs and specialized medications from hospitals. However, most previous million-yuan medical insurance plans only covered cancer-specific drugs, leaving many non-cancer chronic and major illnesses uncovered. The best million-yuan medical insurance products now cover all prescribed medications and medical devices without restrictions, supporting 100% reimbursement for almost any drug, effectively expanding the medication pool by hundreds of times. While not achieving complete medication freedom, having options is far better than having none. 4. Broader Hospital Network Coverage When selecting a hospital network, prioritize products that include private hospitals, VIP departments, and international departments, in addition to standard secondary and above public hospitals. This eliminates hospital restrictions during treatment and allows access to more comfortable medical environments, ensuring both convenience and high-quality care. For those short on time or unsure where to start, click here to consult our professional planners, who will tailor the optimal plan for your specific needs. To explore detailed product comparisons and recommendations, continue reading for our top picks. II. Which Million-Yuan Medical Insurance Plans Are Worth Buying? Following the four criteria mentioned above, you can easily identify high-quality products. To save you time from comparing individual products and clauses, we have spent a month. See the table below: For comprehensive outpatient medication coverage, prioritize Blue Healthcare (Good Medicine Edition). Blue Healthcare (Good Medicine Edition) is underwritten by Pacific Health Insurance and offers the following: Building on the strong reputation of the Blue Healthcare series, the Good Medicine Edition further enhances coverage for outpatient medications post-DRG implementation, providing more comprehensive protection. It reimburses outpatient medications and devices during hospitalization without restrictive lists, including items like human albumin and neck braces, making it highly practical. Blue Healthcare (Good Medicine Edition) Pacific Health InsuranceMedical Insurance
Guaranteed Renewal for 20 Years Covers Special Medical Needs Reimbursement for Anti-Cancer Drugs/External Purchased Drugs View Evaluation For households with 2 or more members, consider the family plan. Seniors aged 56~60 can enroll without medical examinations, provided they meet the health declaration requirements. The family shares a deductible, and premiums are discounted, offering great value! For stable cancer coverage, consider Xin Yi Bao (Longevity Edition). Xin Yi Bao (Longevity Edition) is underwritten by Pacific Health Insurance. Key features include comprehensive cancer coverage, lifetime guaranteed renewal for cancer, and no deductible for cancer hospitalization. It’s an excellent choice for those prioritizing cancer protection. Recently upgraded, it now includes unrestricted coverage for general external drugs, with a minimal price increase (e.g., +¥14/year for a 30-year-old), maintaining high cost-effectiveness. Xin Yi Bao (Longevity Edition) Pacific Health Insurance Medical Insurance Lifetime Renewal for Cancer Medical Coverage 20-Year Renewal for General Medical Coverage Special Medical Coverage Available View Evaluation For those with health concerns but seeking strong cancer coverage, consider Zun Xiang E Sheng 2025. Available up to age 70, it offers lenient underwriting for certain conditions and robust benefits, including unrestricted external drug/device coverage and general outpatient reimbursement. While not guaranteed renewable, its renewal history is stable. For premium medical resources, consider Xing Xiang Shou (Plan 2). If your budget allows and you reside near special/private hospitals, a mid-tier medical insurance like Xing Xiang Shou (Plan 2) is ideal. It covers treatment at special/private hospitals for general illnesses, ensuring higher-quality care. Xing Xiang Shou (Plan 2) stands out as a mid-tier plan with 20-year guaranteed renewal and excellent external drug coverage. For those ineligible for standard health-declaration products due to pre-existing conditions, alternatives like Xin Yi Bao (No-Health-Declaration Edition) or Zhong Min Bao Mid/High-End Medical Insurance are available. In conclusion, a good medical insurance policy leverages a few hundred yuan to cover millions in medical expenses. We recommend securing coverage for all family members as a financial safeguard. Ultimately, we hope you remain healthy and never need to use these policies.
