Is there a difference between individual insurance and unit insurance?

First of all, the definition is different:

(1) Personal medical insurance means that individuals use various insurance tools to build their own medical security system, including social medical insurance and commercial medical insurance.

(2) Unit medical insurance is a social insurance system established to compensate workers for economic losses caused by disease risks. The medical insurance fund is established through the contributions of employers and individuals. After the insured person has medical expenses, the medical insurance institution will give certain economic compensation.

Second, the payment amount is different:

(1) Individuals pay social security, and the general contribution ratio is 20%. Then, we should refer to the local average wage and the payment grade provided by the social security department. The lowest grade is 60%, and the highest grade is 300%.

(2) The unit pays social security, and the payment ratio is paid by the company and the individual. Endowment insurance is that the unit pays you 20% every month and you pay 8% yourself; Medical insurance is a serious illness plan that the company pays you 9% every month, and you pay 2% yourself, plus 10 yuan.

Third, the insurance age is different:

(1) insurance: the minimum age of insurance is generally 90 days after birth to 16 years old. The maximum age of insurance is similar, both are 65 years old.

(2) Social security paid by the company: the minimum insurance age is 16 years old, and the maximum insurance age is the statutory retirement age.

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