Job Recruitment Website - Social security inquiry - What does it mean that the insured status is to suspend payment?

What does it mean that the insured status is to suspend payment?

The insured status is deferred payment, that is, social insurance premiums have not been paid in the past three months. At this time, the social security relationship is suspended, and the unit no longer pays social insurance premiums for it.

The employer or the insured shall pay the medical insurance premium in full and on time. If the employer or the insured fails to pay the basic medical insurance premium in full for two consecutive months, the social insurance agency may suspend the medical insurance benefits for the insured, and may resume the medical insurance benefits after paying the relevant medical insurance premiums and late fees in accordance with the regulations. If the medical insurance premium has not been paid in full for more than 3 months in a row, the medical insurance benefits shall be calculated according to the new insured except for the full payment of medical insurance premium and late payment fee.

What is social insurance?

Social insurance is a social and economic system that provides income or compensation to people who lose their ability to work, temporarily lose their jobs or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.