The difference between the social security five insurance and personal two insurance

What is the difference between a company's payment of five insurance premiums and a person's payment of the difference is as follows:

1, the individual can only pay the pension insurance and medical insurance; unit of the five insurance, including pension insurance, medical insurance, maternity insurance, workers' compensation insurance, unemployment insurance.

2, the contribution ratio is different: the unit payment ratio is as follows: pension insurance: 20% of the unit, 8% of the individual (their own payment into the personal account); medical insurance: 10% of the unit, 2% of the individual (their own payment into the personal account); unemployment insurance: 1.5% of the unit, 0.2% of the individual; injury insurance: 0.5-2% of the unit, the individual does not pay; maternity insurance: 0.8% of the unit, the individual does not pay; unit Unemployment insurance: 1.5% for the unit and 0.2% for the individual Individuals paying insurance need to bear the full cost.

3. The reimbursement rate of insurance paid by enterprises is high, and the reimbursement rate of insurance paid by individuals is low.

Different concepts: social security is the abbreviation of social insurance, refers to the pension insurance, medical insurance, maternity insurance, unemployment insurance, industrial injury insurance five kinds of insurance. Five insurance refers to pension insurance, medical insurance, maternity insurance, unemployment insurance, work injury insurance and housing fund

Buy five insurance is to the social security agency to buy, social security fees are not paid to the insurance company, so there is no change of insurance company things. The insurance company to buy insurance belongs to commercial insurance, is the policyholder and the insurance company to enter into an insurance contract between the two sides of the civil legal relationship. And the five insurance and one metal from the state's protection. Both are insurance, but the nature is completely different. Legal basis: buy five insurance is to social security agencies to buy, social security fees are not paid to the insurance company, so there is no change in the insurance company things. The insurance company to buy insurance belongs to commercial insurance, is the policyholder and the insurance company between the conclusion of the insurance contract between the two sides of the civil legal relationship. And the five insurance and one metal from the state's protection. Both are insurance, but the nature is completely different.

Legal basis:

The People's Republic of China Social Insurance Law

Article 2 The state establishes a social insurance system of basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance and other social insurance systems to protect the citizens' rights to obtain material assistance from the state and society according to the law in the case of old age, sickness, industrial injury, unemployment and maternity. and society in cases of old age, sickness, industrial injury, unemployment and maternity, in accordance with the law.

Article 3 The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.