Visit the global automotive industry news blog with Global automotive human capital and human resources news.
Margery Marshall
GLOBAL: "Merging Manufacturing and Sourcing Strategies for Global Opportunity: The Global Factory". 4-page report by Deloitte Consulting.
proceed to download
backGLOBALtalk July, 2012
Global Expert: Doing Business in China? What You Need to Know About Health Care
Is your company struggling to understand the Chinese health care system, the spectrum of medical insurance in China and how the new Social Insurance Law affects your non-local employees? The recently launched GlobalBusinessProfessor.com, a partner to aftermarketNews.com, recently hosted a seminar that addressed these very questions.
For companies sending staff to China — whether for short-term business trips or extended stays — it is critical to understand the major differences in the health care system. Getting sick or getting in an accident abroad is serious and can be especially confusing to handle if you are not familiar with China's health care system. For those companies doing business in China, there is also added cost involved for covering non-local employees under the country's social medical system.
In this information-packed, hour-long online seminar, presenters including Anthony Hidell, sales director for Cigna, a global health benefits and services provider and China Merchants Corp. (CMC), Cigna's joint venture in Shanghai; Michelle Colona vice president, National Accounts, Cigna International; and Kevin Zhou, regional vice president – Global Health Benefits CIGNA & CMC Life Insurance Co. Ltd., provide an overview of the Chinese market as a framework for understanding the country's complex Social Insurance Law and multi-tiered health care system. Webinar participants will learn the differences between public vs. private hospitals and local hires vs. non-local hires, as well as medical insurance options and local market practice for each.
"When you look at the health care industry in China, it's a very immature market," said Hidell, one of the seminar presenters.
China's Social Insurance Law, first introduced in late 2010 took effect in China in July 2011. It was also recently expanded to include foreign employees. However, the program is still in various phases of implementation across China's various provinces, according to Hidell. This is just one of the complexities that could impact your medical coverage working as an expat in China.
"For example, in Shanghai, that new social insurance law that requires foreign employees to be enrolled in basic social medical has not been imposed. In Beijing, it has been enforced. What that means is, any employer hiring non-locals now has to pay the added tax to have them enrolled in the social medical program. Why that's important is because it is an added cost to hiring non-locals, and it is a cost that a lot of people question the intention of the Chinese government on because quite frankly, there is no way that a foreigner is going to feel comfortable actually accessing the social medical system," Hidell said.
To gain a better grasp of these issues, GlobalBusinessProfessor.com has recorded an On-Demand Seminar titled "Expat Healthcare Issues in China". Click here for more information and to view the first 3.5 minutes of the seminar.
Source: AftermarketNews.com - GAI
Expatriate pensions and employee commitment - designing effective international retirement plans
read on
Mexico: Skills, sites needed for auto plants
read on
Dispute Resolution in Asia - Fourth Edition (Guide)
read on
Global Expert: Doing Business in China? What You Need to Know About Health Care
read on
China – New Government Policy Goal: More Collective Bargaining in the Private Sector
read on
Negotiating a Russian Deal
read on
Spain Passes Major Labour Law Amendments that Curtail the Leverage of Works Councils and Collective Bargaining Agreements
read on
USA: Employees vs. Independent Contractors: A Benefits Perspective
read on
Going, Going, Gone: No More New H-1B Visa Petitions Accepted
read on
Canada Business Immigration Manual
read on
Potential Corruption Risks in South America
read on
Viva Brazil! Legal Pitfalls for U.S. Multinationals Seconding Expats to Brazil
read on
Asian Firms Offer More Variable Pay than Western Firms
read on
Comparative Employment Risks in the BRIC Countries
read on
Asia: When is a mooncake a bribe?
read on
Can German wage agreements help other eurozone countries?
read on
USA: Attention all employers (unionized or not!) – Does your social media policy violate the NLRA? Top 10 lessons from the NLRB in 2011
read on
USA-CANADA: Respect the Border: Best Practices for Successful Cross-Border Moves
read on
Asian education systems lacking “practice orientation”
read on
Changes Affecting the U.S. Visa Application Process in Japan
read on
Thailand: Corruption, red tape holding back growth
read on
Making The Move To: Shanghai
read on
Mexico Bribery: Cost of Doing Business?
read on
Argentina - Employment & Labour
read on
Vietnam: Guidelines on the Recruitment of and Management Over Expatriates
read on
Mexico Employment Law – Employee Profit Sharing
read on
Flexible Benefits: An Effective Prescription in China
read on
Europe's Shrinking Labor Force
read on
The Italian way to flex-security: The Monti Reform of Italian employment law
read on
Hungary's New Labour Code: Significant changes that provide more flexibility for employers
read on
Is U.S. Immigration Policy Stifling Tech Innovation? What’s Really Behind the Tech Talent Shortage?
read on
subscribe to eJournals
View our blogs:
The Asian Automotive Industry Market
The Brazil Automotive Industry Market
The Chinese Automotive Market
The European Automotive Market
The Global Automotive Market (HR edition)
The Indian Automotive Market
The Mexican and Latin Automotive Market
The U.S. Automotive Market
To visit GlobalAutoExperts Directory, click here.