Can retirees from Shiyan Power Supply Company of State Grid withdraw money from Shanghai medical insurance account?

The retirees of Shiyan Power Supply Company of State Grid can't get the money from the Shanghai medical insurance account. The money in the personal account of medical insurance cannot be withdrawn, and you can only seek medical treatment and purchase medicine in designated hospitals and pharmacies. However, if the insured person dies, relatives can go through the formalities of surrender with the death certificate, or the insured person immigrates and goes through the formalities of surrender with the certificate issued by the public security department, and there is also the transfer in different places. After local insurance, the balance of medical insurance account can be transferred to a new account.

The role of medical insurance

It is conducive to improving labor productivity and promoting the development of production. Medical insurance is the inevitable result of social progress and production development. Conversely, the establishment and improvement of medical insurance system will further promote social progress and production development. Adjust income differences and reflect social equity. Medical insurance is an important means for the government to adjust the income difference and redistribute income by collecting medical insurance premiums and paying medical insurance service fees.