We can fully feel the enthusiasm of venture capital, in contrast, the attitude of venture capital is much calmer.

For the "medical+insurance" model, the words of Zhao Heng, the founder of rural diary, seem to reveal the current investment pattern of "medical+insurance". Zhao Heng told Health Point that at present, only industrial capital is interested in "medical+insurance", but most domestic venture capital funds are not optimistic about this model, which is determined by the nature of venture capital. Domestic venture capitalists generally want to quit the project after three to five years, and medical care is an area with long investment cycle, heavy asset investment and no short-term return, so it can't wait.

"Health insurance is definitely a major business that investors pay attention to, and there is a lot of room for development of health insurance in the future!" Xu Qian, a partner of Detong Capital, is optimistic about the "medical+insurance" model from a long-term perspective. Because Caesar model started from the low end in the United States, after years of development, it has shown good development prospects in disease prevention and control, health management promotion and medical cost reduction.

However, Xu Qian also said that although the "insurance+medical care" model is feasible in China in theory, it remains to be seen how to operate it. At present, the domestic basic medical insurance fund is facing the risk of collapse, and after the emergence of Internet medical care in the past two years, some people in the industry envisaged connecting health management and chronic disease management through Internet medical care, hoping to form a model similar to Caesar's. But there are many problems to be solved in this process. For example, the development of domestic commercial health insurance is not so fast, China people's current insurance awareness is not strong, the insurance efficiency is not high, the cost is relatively high, and there are also some problems in the security services provided. In addition, insurance companies lack experience in managing hospitals, depending on the management efficiency of implementation. Therefore, as an investor, it is also in the stage of looking for investment opportunities.

Xu Qian believes that the most significant efficiency of commercial health insurance intervention should be in promoting health management. As we all know, the government's management of medical insurance is extensive. Although some places are currently purchasing security services in pilot governments, the quantity is still relatively small. But what is certain is that the efficiency of commercial health insurance must be higher than that of government management of health insurance. In order to reduce the payment rate, efforts will be made in health management, disease prevention and chronic disease management.

Chen Yi, president of Tsinghua Holdings Beijing Huakong Kangtai Medical and Health Group, has different views on commercial insurance direct investment hospitals. "Out of their own pocket, you have a hospital. Does the payment system only involve your own hospital? What is the strategic layout in the future? This is a question worth thinking about. "

Chen Yi said, whether public hospitals or private hospitals, everyone's eyes are fixed on medical insurance. Therefore, as the payer, the government should provide services for medical institutions and insurance companies. This involves the top-level design and positioning of medical insurance and commercial insurance. How to connect the government with several large insurance companies, how to connect social security with commercial insurance, what kind of framework is formed, what kind of payment system is established, and how to connect hospitals with commercial insurance are all issues that need to be considered.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.