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A Major Boost: Online Medical Insurance Payments Open to E-pharmacies

Published:2016-10-09 Source: Yuanshengtai Pharmaceutical Industry

With the gradual opening of relevant policies, pharmaceutical e-commerce has achieved a breakthrough in medical-insurance payment, injecting strong momentum into the sector.

Analysts note that online insurance payment will markedly improve convenience and willingness for online drug purchases; compliant companies with mature supply chains will benefit first.

For the TCM sector, the combination of online consultation, smart decoction and delivery is making “seeing a TCM doctor and drinking herbal decoction” ever more convenient — a trend from which Yuanshengtai’s decoction-delivery system also stands to benefit.