Ministry of Finance: The government will provide subsidies to urban and rural residents participating in long-term care insurance according to regulations.

On the 26th, Guo Yang, director of the Social Security Department of the Ministry of Finance, stated at a press conference of the State Council Information Office that the government will provide subsidies as required to urban and rural residents who participate in long-term care insurance. In 2026, central government subsidies to local governments will be pre-allocated based on the estimated number of insured individuals in each region, and then settled based on the actual number of insured individuals in the following year, to ensure that funds are fully disbursed.