What is the use of social security and medical insurance?

Medical insurance in social security has the following purposes: the part paid by the basic medical insurance fund can be directly settled by social insurance agencies, medical institutions and pharmaceutical business units; And when the insured reaches retirement age, the accumulated payment reaches a certain number of years, and he can directly enjoy medical insurance benefits without paying medical insurance.

Legal objectivity:

Article 27 of the Social Insurance Law of People's Republic of China (PRC) * * * If an individual who participates in the basic medical insurance for employees reaches the statutory retirement age and the accumulated payment reaches the fixed number of years stipulated by the state, he will no longer pay the basic medical insurance premium after retirement and enjoy the basic medical insurance benefits in accordance with the provisions of the state; Those who have not reached the fixed number of years prescribed by the state may pay the fees to the fixed number of years prescribed by the state. "People's Republic of China (PRC) Social Insurance Law" Article 29 The part of the medical expenses of the insured that should be paid by the basic medical insurance fund shall be directly settled by social insurance agencies, medical institutions and pharmaceutical business units. The administrative department of social insurance and the administrative department of health shall establish a settlement system for medical expenses in different places to facilitate the insured to enjoy the basic medical insurance benefits.