In June 2017, the WTCGP and WTC Tianjin, China signed an MOU to introduce member companies to opportunities in Tianjin – and on September 22nd,  they did just that.

Dr. John Bennett, WTCGP board member and Chairman and CEO, Devon International Group recently returned from a productive meeting at World Trade Center, Tianjin, China, where he met with Mr. Eric Cao, WTC, Tianjin,  Executive Director and Tiejun Zhang, Deputy Director-General, Tianjin Municipal Commission of Health and Family Planning.

The discussion? Healthcare coverage or lack thereof. Extending healthcare benefits to all citizens is a hot topic, not only in the US, but also in the Peoples Republic of China. Mr. Zhang would like to provide expanded healthcare benefits to include coverage of approved specialty drugs and some medical procedures that are not covered by China’s Social Security Program.

Devon International Group was also glad to report some confirmed steps forward, “We have received approval to offer Catastrophic Health Coverage to the People’s Republic of China,” says CEO, Dr. John Bennett. “We are the second US Company to offer coverage for severe medical problems in the US, and are glad to be partnering with world-renowned reinsurance company, Munich Reinsurance America.”

Next steps? Mr. Zhang will provide additional information to the Devon International Team and together they will move closer to providing extended healthcare coverage to the citizens of Tianjin, China.