Objective: To construct an indicator system to comprehensively evaluate the resource allocation level of the health and pension industry in 31 provinces of China from 2016 to 2021, calculate the fairness of resource allocation, clarify the problems in resource allocation of the health and pension industry in China, and promote high-quality development of the health and pension industry. Methods: The entropy method is used to comprehensively evaluate the level of resource allocation in the health care industry, and the Gini coefficient and Theil index are used to analyze the fairness of resource allocation in the health care industry. Results: The level of resource allocation in the health and pension industry is generally not high, with significant inter provincial differences; the unequal allocation of resources in the health industry is on the rise; regional differences are the leading force that causes differences in the fairness of resource allocation in the health and pension industry. Conclusion: It is suggested to improve the infrastructure and stimulate the endogenous impetus of the development of the health and pension industry; deeply cultivate market demand and improve the level of resource allocation in the health and pension industry; optimize financial investment and bridge the gap in regional health resource allocation.