Hubei is the first stop.

With the breaking of the online payment of Internet medical insurance, the scale of the Internet medical market will also expand accordingly.

On April 1, the Ping An Good Doctor (01833.HK) Hong Kong stock closed up 2.28% to HK $ 73.95 per share, with a turnover of HK $ 368 million throughout the day. At present, the latest market value of Ping An Good Doctor is HK $ 78.926 billion.

Ping An Good Doctor’s closing price is the highest stock price in the past 20 days. Over the past 10 days, its stock price has increased by 24.2%. Since the occurrence of the New Crown epidemic, good news on the policy side has continued, and the inclusion of Internet medical services in the scope of medical insurance payments has also entered a substantial implementation stage.

On March 31, Ping An Hao Doctor announced that its internet hospital has opened online medical insurance payment in Hubei Province, and launched the “Internet Medical Security Service Platform”. Ping An Hao Doctor became the world’s first Internet medical platform to open online medical insurance. . According to Ping An Good Doctor, Hubei users can use this platform to use one-stop service for online diagnosis and treatment, prescription transfer, online payment and home delivery of medicines.

In early March, the National Medical Insurance Bureau and the National Health and Health Commission issued related medical insurance policies, and proposed online review services for common and chronic diseases provided by eligible Internet medical institutions for insured persons. Medical insurance fund payment scope. At that time, CITIC Construction Investment issued a research report that the settlement of problems on the payment side was conducive to cultivating the habit of online medical treatment for patients and was conducive to the accelerated development of the Internet medical industry.

With the transfer of chronically ill prescription drugs in offline hospitals to online, it will also push up the overall Internet medical market size. Analysys predicts that under the catalysis of the epidemic, the market size of the Internet medical industry will reach 196.09 billion yuan in 2020, and the annual growth rate is expected to exceed 59.3% in 2014 and reach 63.7%.

For Ping An Good Doctor, access to medical insurance payment means that it has entered the 300 million chronic disease market center in China. Policy loosening can improve the low-frequency consumption of Internet medical care to a certain extent, which is beneficial to enterprises and customers. Next, what Ping An Good Doctor needs to do is to continuously expand the coverage of medical insurance and gain more chronically ill users.

As of December 31, 2019, Ping An Good Doctor App had 315 million registered users, 67 million monthly active users and 3 million monthly paid users, with 729,000 daily consultations. .

On March 26, Dr. Ping An Hao was awarded the first “Overweight” rating by Morgan Stanley with a target price as high as HK $ 75. On the 27th, Morgan Stanley released a research report toDr. Ping An Hao has a “Super Match” rating with a target price of HK $ 74 and a maximum of HK $ 92.