The Adjustments of the Maternity Insurance System in Consequence of Two-Child Policy in China

In consideration of the population and economic problems such as the aging of the population, the rising of labor costs and the crisis of pension insurance, Chinese government carried out a new population policy in 2016, which was called two-child policy. This policy allows almost every family to have at least two children. The purpose of the policy is to restrain the aging process. Before having the expectant effect, this policy has already brought about some other problems. The two-child policy can't achieve its goals well without the matched relevant systems, the most important of which is the maternity insurance system. This paper investigated the current maternity insurance systems in different provinces and found the defects of China's maternity insurance system from the perspective of the two-child policy. It tried to make it clear that whether the scope of application of maternity insurance is comprehensive, whether the maternity leaves in every province in China are coordinated and appropriate, whether the maternity insurance fund can pay the insurance benefits steadily for a long time. To overcome the possible defects, in addition to the analysis of the domestic data, this paper also investigated the maternity leave abroad. If the maternity insurance system can be adjusted properly, the two-child policy will achieve better effects.