Is Medicare part of Social Security?

Social insurance includes Medicare, and social insurance and Medicare are included and included in the relationship.

The effects of a company's break in social security are as follows:

1. The longer the pension insurance is interrupted, the greater the loss of pension;

2. During the period of interruption in the payment of medical insurance, the company cannot enjoy the medical insurance benefits, which affects the number of years of contribution;

3. The social insurance premium collection agency orders the payment of the premium by a certain period of time or to make up the full amount, and from the date of non-payment of the premium, it will add daily Late payment fee;

4. Other impacts.

The process of the company to pay social security for employees is as follows:

1, the company should bring the original and copy of the business license, the original and copy of the organization code certificate, and the original and copy of the business license of the individual industrial and commercial households with employees, and provide the unit's account opening bank, account number, postal code, legal person ID card number, legal person's contact phone number, the business operator and the Contact phone number and other related materials and information;

2. Go to the district or municipal social insurance agency to which the place of registration belongs. Qualified for social insurance registration, issued a social insurance registration certificate;

3, specifically for employees for insurance should go to the local employment service center for the insured employees for the "recruitment of personnel employment record, labor contract record roster";

4, the payment of contributions to fill out the "employees to pay insurance premiums for the changes in the table", the need to cover the official seal of the unit, the person in charge of the unit's official seal, The official seal of the person in charge of the unit and the official seal of the person in charge of the unit are required to be stamped. If the employee has been insured before, he/she should provide his/her insurance number;

5. Business operation procedure for declaration of increase or decrease of insured persons. The insured enterprise should be in the 1-15th of each month, the best 15 days before the social insurance business website for the unit through the increase or decrease in the number of participants and changes in the information to be contributed to the declaration business, and fill out and retain the relevant forms and information.

In summary, social security is a contributory social security, the funds are mainly paid by employers and workers themselves, the government financial subsidies and bear the ultimate responsibility.

Legal basis:

Article 16 of the Social Insurance Law of the People's Republic of China

Individuals who have participated in basic old-age pension insurance and have contributed for a total of fifteen years by the time they reach the legal retirement age shall receive a basic old-age pension on a monthly basis.

Individuals who have participated in basic old-age insurance and have contributed for less than fifteen years by the time they reach the statutory retirement age may contribute until they reach the full fifteen years and receive a basic pension on a monthly basis; they may also be transferred to the new type of rural social old-age insurance or the urban residents' social old-age insurance, and enjoy the corresponding old-age insurance treatment in accordance with the provisions of the State Council.