What's the difference between basic medical insurance and serious illness medical insurance?

Legal analysis: Both basic medical insurance and serious illness medical insurance are for urban and rural residents. They are unequal, with certain differences and connections. The basic medical insurance is an important part of the social security system, and it is a kind of social insurance formulated by the government with the participation of employers and employees. The overall medical care system for serious illness belongs to the supplementary form of basic medical insurance.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Twenty-third employees should participate in the basic medical insurance for employees, and the employer and employees should jointly pay the basic medical insurance premiums in accordance with state regulations.

Twenty-sixth basic medical insurance for employees, new rural cooperative medical care and basic medical insurance for urban residents shall be implemented in accordance with state regulations.