What is the main reason for the social security deficit?

Legal analysis: the reasons for the social security fund deficit: social security fund deficit, in fact, is a social phenomenon caused by the arrival of the aging society. Retirees increase too much and life expectancy is generally longer, by the impact of inflation also have to raise pensions every year, so the social security fund expenditure is too large, and the new insurance can not make up for the expenditure gap, can be broadly speaking social security fund loss.

Legal basis: "Chinese People's **** and State Social Insurance Law"

Article 29 The part of the medical expenses of the insured that should be paid by the basic medical insurance fund shall be settled directly by the social insurance administration organization with the medical institutions and the drug business units.

The administrative departments of social insurance and the administrative departments of health shall establish a settlement system for medical expenses incurred for medical treatment in other places, so as to facilitate the enjoyment of basic medical insurance by insured persons.

Article 30 The following medical expenses shall not be included in the scope of payment by the basic medical insurance fund:

(1) those that should be paid from the workers' compensation insurance fund;

(2) those that should be borne by a third person;

(3) those that should be borne by the public ****health;

(4) those that seek medical treatment outside China.

Medical expenses shall be borne by a third person in accordance with the law, and if the third person fails to pay or if the third person cannot be identified, the basic medical insurance fund shall pay in advance. The basic medical insurance fund shall have the right to recover the costs from the third party after the payment is made.

Article 31: According to the needs of management and service, the social insurance administration organization may sign service agreements with medical institutions and drug business units to regulate the behavior of medical services.