Does social insurance include medical insurance?

There are two pieces of social security medical care: individual account and overall account. Personal account generally refers to medical insurance card. If you pay social security every month, the cost in the medical insurance card will increase accordingly, and the cost of using up the medical insurance card will be gone.

The overall account has a particularity. If the social security is not paid in the middle months, the money in the previous overall account will be taken away by the state, and the re-payment will start from scratch, unless the social security for the interrupted months is made up.

Extended data:

Social insurance is raised, managed and distributed by special institutions set up by the state, targeting social members within the legal scope; Commercial insurance is managed by insurance companies, and the insured can be anyone who meets the underwriting conditions.

In order to compensate the income lost by the insured in the risk accident and maintain his minimum living, it is necessary to refer to his usual income, on the one hand, as a standard for measuring payment, on the other hand, as a basis for calculating premium.

The biggest drawback of the work-based proportional insurance system is that the burden of social insurance is directly related to wages. Whether employers and employees bear social insurance premiums or one of them bears social insurance premiums, the burden of social insurance is manifested in the increase of labor costs, which will lead to capital crowding out labor, which will lead to an increase in unemployment.