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Guangzhou to Establish Dreaded Disease Fund in 2006
Latest Updated by 2006-04-29 17:56:38
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Mr. Li Weijie, Director of Bureau of Civil Affairs of Guangzhou Municipality announced that Guangzhou would establish the Dreaded Disease Fund in 2006. The operating rules are currently being established and are expected to be issued by the end of the year.

It is learned that RMB 79.517 million will be invested in six public welfare projects, with RMB 20.385 million on the financing project for the disabled, RMB 13 million on the financing of "The Elders' Welfare Service Star Project", RMB 2.067 million on financing the community construction project, RMB 18.28 million on financing the social welfare project, RMB 17.242 million on the financing of social & public welfare and charity projects (RMB 3 million of Jianyiyongwei Fund included), and RMB 8.543 million on financing the basic medical expenses of poor rural households with low relief.

In order to solve the problem of many ordinary families getting into poverty because of the cost of curing the disease of family member(s), Guangzhou is going to establish the Dreaded Disease Fund. Local residents can get finance from the Fund when they have dreaded diseases if the social insurance and their employer cannot afford the expenses.

Mr. Li Weijie said that this Fund involves several departments, including civil affairs and medical department, therefore the specific implementation plan is still under negotiation and construction. This Fund will raise money from government investment and social donations, with the initial capital coming from the public welfare capital of the welfare lottery.

Editor: Yan

By: Source: english website
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