General Office of the CPC Central Committee and General Office of the State Council: Establish and improve a long-term care insurance service quality evaluation mechanism and a cost control incentive and restraint mechanism.

The General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued opinions on accelerating the establishment of a long-term care insurance system. Among them, it proposes to establish a sound fund payment management mechanism. Long-term care service institutions are subject to designated management. Establish a sound long-term care insurance service quality evaluation mechanism and cost control incentive and restraint mechanism. Establish a payment mechanism and negotiation mechanism in line with the characteristics of long-term care insurance services, improve payment methods for different service models, and strengthen fund settlement management. Strengthen fund management and supervision. The fund is included in the special account of the social security fund, with separate accounting, dedicated management, and specialized use of funds. Strengthen budget performance management, establish fund operation monitoring and risk prevention mechanisms, and carry out medium and long-term actuarial analysis. Establish a sound fund supervision system, improve the mechanism for punishment of individuals and institutions committing fraud to the insurance, strengthen fund supervision, strengthen financial and accounting supervision, and audit supervision, enforce financial discipline, and ensure fund safety.