What is the basis of social security, basic pension and basic medical care?

Social security is based on basic old-age insurance and basic medical insurance.

Basic endowment insurance and basic medical insurance are the two cornerstones of the social security system. The basic old-age insurance aims to provide basic living security for retirees, and the expenses are shared by the state, units and individuals to achieve social mutual assistance; The basic medical insurance ensures that citizens can get the necessary medical services when they are sick, and the expenses are paid jointly by the employer and employees, or by individual industrial and commercial households and flexible employees themselves. These two systems ensure that citizens can get material help from the state and society in accordance with the law when they are old and sick.

Components of social security:

1, basic old-age insurance: providing basic living security for retired workers;

2. Basic medical insurance: used to reduce the economic burden of employees seeking medical treatment due to illness;

3. Unemployment insurance: providing living allowances and employment services for the unemployed for a certain period of time;

4. Work-related injury insurance: providing medical treatment, rehabilitation and economic compensation for workers injured at work;

5. Maternity insurance: provide certain economic subsidies and guarantees for the maternity of female employees.

To sum up, basic old-age insurance and basic medical insurance constitute the cornerstone of the social security system, aiming at providing basic living security for retirees, ensuring that citizens can get necessary medical services when they are sick, and realizing social mutual assistance and national material help.

Legal basis:

People's Republic of China (PRC) social insurance law

second

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 when they are old, sick, injured, unemployed and have children.