Health Risk Management is an Effective Solution for Enterprises in China

BEIJING, April 29, 2011 /PRNewswire-Asia/ -- Sponsored by Valurise Health Solutions International Group (VHS), and guided/supported by the Chinese workers' mutual Insurance Association of the All-China Federation of Trade Unions, the Insurance Association of China and the International Disease Management Alliance, the 2011 International Health Risk Management Forum, Opportunity and Challenge of Health Risk Management in the Transition Period in China (www.internationalhrm.org) has been held on 20th April, 2011.

Mr. Xiangyuan Zhu, former member of NPC Standing Committee and vice chairman of China Democratic National Construction Association, attended this convention and made the keynote speech. The speech showed great foresight and implications. He first unfolded the critical challenges with that China is faced in rapid growth of industrialization, urbanization and demographic aging, and pointed out that the medical system reform which is the prime concern of the people is the biggest challenge. Mr. Zhu maintained that the flourishing of health risk management in China provides a great opportunity for resolving the contradictions between the market economy and the planned economy and accelerating the healthcare reform. Thus he expressed his great expectations for the business of health risk management, and gave high praise and recognition to the leading health risk management enterprises of which Valurise Health Solutions International Group (VHS) is a good and pioneering representative.

Mr. Zhu said, the "three news" VHS proclaims -- new idea, new exploration, and new mode of comprehensive physical and mental health risk management, has four important implications for promoting social harmony and improving people's quality of life and mental outlook. First, the health risk management promoted by VHS is good for optimizing the medical resources allocation, which is to alleviate the problem of inadequate and overly expensive medical service from its root. Second, the "VHS mode" pushes the defense line of health forward to the stage of "no sickness". Thus it really functions as a medical prevention. Third, it forms the conception of "overall health", which means health includes not only physical health but also mental, not only treatment but also prevention. Forth, as a private enterprise, covering hundreds of top medical and experience institutions, both abroad and domestically, and their health counselors and trainers, VHS takes the lead in public social service and serves over 900,000 elites. There should be more support and incentives for enterprises like VHS so that they can thrive, accumulate more experience, and have further exploration, deepening and improvement.

Mr. Xiangyuan Zhu also redefined and reinterpreted the "three treasures of life" -- health, wisdom, and youth in emotion, which has great theoretical and practical values in enhancing the physical and mental health of the Chinese staffs in enterprises.

At present, as people become more and more concerned with "social security," there is a series of unavoidable challenges for either the staff, or the enterprises or the society.

"This year before the two conferences (NPC and CPCC) was held, the public had already showed concern on livelihood issues and healthcare naturally was one of their focuses," said Mr. Longchun Sun, former vice minister of the Ministry of Health of the People's Republic of China. Mr. Longchun Sun also pointed out that "although Chinese health risk management is a new complete, well-organized and scientific service system as the understanding of it deepens, a series of health risk management institutions represented by VHS have emerged. Such institutions, exploring and innovating on the basis of the conditions in China, can ease the contradiction between the increasing healthcare demands and the limited health resources, curb the medical expenditure, improve the medical treatment and reduce people's economic burden."

"The combination of health insurance and health risk management can not only provide financial compensation, effective treatments, and quick recovery after illness, but also supervise, analyze, evaluate physical conditions and offer health counseling and guide. The organic combination of Health Insurance and Health Risk Management is the inevitable requirement of Health Insurance specialized operations, thus the synergies between Health Risk Management and Health Insurance should be maximized," said Mr. Yisheng Gong, executive director in the Life Insurance Dept. of the China Insurance Regulatory Commission (CIRC).

"Health insurance is not simple transaction of cash. It should provide comprehensive health risk management and service, including health maintenance and the complete management before, during and after the treatment," said Mr. Zhichao Wang, Chief Secretary of the Insurance Association of China.

The CEO of VHS, Dr. Rico W. Tong said in the forum that research indicates that after the risk intervention of VHS, the cost of four major chronic diseases has been reduced by about 16%, which exceeds the early expectation. Mr. Warren. E. Todd, executive director of IDMA said in the convention, "Half of chronic diseases are originated from pressure. The practice of international health risk management shows that 75% of the diseases can be prevented".

Besides, many speakers pointed out that as the material wealth grows, the sense of happiness is going down. This kind of deviation deserves the public concern from enterprises and the society.

"Alibaba have always committed to create the strongest sense of happiness for its staff. The value system we promote is customers first, employees second and shareholders third," said Mrs. Cherry Wong, senior director of the human resources department of Alibaba Group, a global leading internet company, "The average age of the staff in Alibaba is 26.7. They have to face high pressure in work, and many other problems such as getting married and having children, and buying an apartment. After the health risk management of VHS, the staff indeed has felt health care, their sense of health has also been enhanced and their work pressure has been effectively reduced, which is very good for healthy and sustainable development of the enterprise".

"Physical and mental health are inseparable. The health risk management of VHS helps the enterprises to provide overall service, and really improve the health and happiness index of their staffs," said Dr. Daolong Zhang, attending Psychiatrist, International EAP Expert, and Medical Director of VHS.

The 2011 International Health Risk Management Forum has ended successfully, in which wonderful ideas and experiences had been shared. The attendants had the consensus that the exploration of health risk management for enterprises has just started. China is in a critical transitional phase of rapid industrialization, urbanization, and aging.

The exploration of cross-sectoral cooperation between health risk management business and other enterprises, insurance industry or health care service industry, will help Chinese enterprises and their staffs manage their health more effectively, lessen the risks the enterprises experience in development, and actively promote the development of health insurance and its effects on the multi-level medical system construction in China.

About VHS Group (www.valurise.com)

Originated since 2006 and invested by Softbank and others, VHS group was registered in U.K and has USA office established in New Jersey. The branches in Hong Kong, Beijing, Suzhou, and Shenzhen were established gradually.

Valurise Health Solution International Group（VHS）is the first and leading health risk management service provider in China. Taking the lead to introduce the international break-through approach of the third generation of health management, we devote to provide reliable third-party health risk management solutions to both local and overseas health insurance agencies and advanced employers. Cooperating with global leading professional partners home and abroad, we are now providing services for more than 0.9 million elites in China. VHS Group now owns 15 intellectual property rights, and is running well-known brands of V-Health Center, H-EAP (Health-Employer Assistance Program), Health One-Touch Smart (HOTS), Check-Up One-Touch Smart (COTS) also.

In 2010, The mode of VHS 's health risk management was defined as " VHS Mode " by the Insurance Association of China and Chinese Academy Of Social Sciences. The "VHS Mode" is recorded in the China Health Insurance Development Report as advanced health risk management and health cost control experience of health insurance industry, and promoted to the entire industry.

"VHS Mode" is in accordance with the VHS Value "Neutrality, only for health." VHS works as a third-party authority provides variety options of health risk management strategies and services for insurance companies, advanced employers and governmental insurance institutions, so that to help partners improve and optimize customer value in the aspects of operating costs, product innovation, support functions, risk management, human resource development and other areas.

SOURCE Valurise Health Solutions International Group