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Table 4 Operation of the URRBMI fund under different fertility policies and fertility intentions

From: The effect of the universal two-child policy on medical insurance funds with a rapidly ageing population: evidence from China’s urban and rural residents’ medical insurance

Situation

Time of occurrence of current deficit

(Year)

Time of occurrence of accumulated deficit

(Year)

Amount at the time of occurrence of deficit

(Billion)

Time delay

(Year)

2021–2030

Accumulated balance

(Billion)

2021–2050

Accumulated balance

(Billion)

Current balance

Accumulated balance

Current balance

Accumulated balance

Strict one-child

2021

2027

−0.478

−99.166

−1194.312

−54,369.347

Universal two-child

(20%)

2022

2028

−8.509

−72.060

1

1

− 719.567

−49,657.684

Universal two-child

(40%)

2022

2028

−5.969

−15.930

0

0

−633.924

−48,569.366

Universal two-child

(60%)

2022

2029

−3.395

− 219.239

0

1

− 548.235

−47,437.963

Universal two-child

(80%)

2022

2029

−0.786

− 149.025

0

0

− 461.277

−46,259.073

Universal two-child

(100%)

2023

2029

−12.464

−77.773

1

0

− 372.991

−45,029.947