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Analysis of the current situation of sports insurance in China and the United States and its inspiration for China

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DOI: 10.23977/socmhm.2024.050217 | Downloads: 17 | Views: 680

Author(s)

Junyao Chen 1

Affiliation(s)

1 School of Economics and Management, North China University of Technology, Beijing, China

Corresponding Author

Junyao Chen

ABSTRACT

Since the 19th National Congress of China proposed to "accelerate the construction of a strong sports country", as an important pillar of national economic development and an important force to promote economic transformation and upgrading, sports construction is more and more significant in China. However, building a strong sports country requires the development of all aspects. Scientific sports insurance construction plays a crucial role in the development of the sports cause. The article comprehensively analyzes the development process and market potential of sports insurance between China and the United States through data analysis, background investigation and other means, and compares the two countries from an economic perspective. It focus on the specific sports fields of the two countries, such as CBA, and analyzes the current situation of sports insurance in the two countries in detail. It synthesizes the advantages and disadvantages of the two countries and puts forward the author's suggestions for the development of China's sports insurance industry.

KEYWORDS

Sports insurance, United States, Sports industry, CBA, Compensation for work-related injuries

CITE THIS PAPER

Junyao Chen, Analysis of the current situation of sports insurance in China and the United States and its inspiration for China. Social Medicine and Health Management (2024) Vol. 5: 124-127. DOI: http://dx.doi.org/10.23977/socmhm.2024.050217.

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