What can replace social security without paying social security?

Commercial insurance can replace social security in the following ways: it can be supplemented by commercial insurance, such as pension and critical illness protection. In the absence of social security, some can temporarily replace social security with certain commercial insurance, but some cannot, such as hospitalization insurance. Most commercial hospitalization insurance covers you until you are 65, and then it's gone. We know that medical care is mostly after you get old. Social security not only solves your medical care when you are young now, but also protects your medical care after retirement until your life.

First, social security is certainly beneficial, especially in the aspect of security after old age, which commercial insurance is incomparable. For example, diseases after the age of 65 (except major diseases) do not have insurance companies to provide medical expenses protection, but social security medical care can! Pension is definitely a strong social security pension, because the future pension standard of social security is based on the future average social wage level, and commercial pension insurance is impossible.

Second, social insurance is a kind of insurance required by the state. The state develops social insurance undertakings, establishes a social insurance system and sets up a social insurance fund, with the aim of enabling workers to get help and enjoy insurance benefits in old age, illness, work injury, unemployment and childbirth. China's "Labor Law" and "Social Insurance Law" clearly stipulate that it is the legal obligation of the employer to pay social insurance for workers, which is obviously compulsory by the state, and the employer shall not refuse to undertake this legal obligation under any excuse or reason.