Why does Shanghai pay for comprehensive insurance? What is the difference between social security and comprehensive insurance? What is the difference between social security and comprehensive insuranc

Why does Shanghai pay for comprehensive insurance? What is the difference between social security and comprehensive insurance? What is the difference between social security and comprehensive insurance? Shanghai comprehensive insurance is a kind of Shanghai social security, for foreign workers without talent residence permit, if you want to participate in the normal city insurance (four insurance) and housing fund, you need to apply for talent residence permit.

Additionally, comprehensive insurance is also of great use, such as the medical part, not only the medical card of 20 yuan per month, involving hospitalization and medical reimbursement, in addition to the comprehensive insurance is completely unit contribution, the individual does not bear any costs.

Detailed treatment of comprehensive insurance is as follows:

(Treatment of work-related injuries or accidental injuries)

Foreign workers used by employers and foreign workers without a unit who have work-related injuries (or accidental injuries) or occupational diseases during the period of participation in the comprehensive insurance shall be entitled to work-related injuries (or accidental injuries) or occupational diseases with reference to the standards of work-related injuries as stipulated in the Municipal Regulations, after being recognized by the relevant departments and after being identified as having the ability to work. After being recognized by the relevant departments and having their labor capacity appraised, they shall be entitled to work injury (or accidental injury) insurance treatment in accordance with the standards set by the city. The work injury (or accidental injury) insurance benefits shall be paid in a lump sum.

(Hospitalization Medical Treatment)

If a foreign worker is hospitalized due to illness or non-work-related injury during the period of participation in the comprehensive insurance, the part of the hospitalization medical expenses below the starting standard shall be borne by the foreign worker; the part above the starting standard shall be borne by the Comprehensive Insurance Fund at 80% and by the foreign worker at 20%. The starting standard for hospitalized medical expenses is 10% of the average annual salary of the city's employees in the previous year.

The maximum amount of hospitalization medical treatment for employers and non-employed foreign workers who have paid contributions for three months is the average annual salary of the city's employees in the previous year; the maximum amount of hospitalization medical treatment for those who have paid contributions for six months is twice the average annual salary of the city's employees in the previous year; the maximum amount of hospitalization medical treatment for those who have paid contributions for nine months is three times the average annual salary of the city's employees in the previous year; and the maximum amount of hospitalization medical treatment for those who have paid contributions for three months is three times the average annual salary of the city's employees in the previous year. For those who have made contributions for nine months, the maximum amount of hospitalization medical treatment shall be three times the average annual salary of the city's employees in the previous year; for those who have made contributions for one year or more, the maximum amount of hospitalization medical treatment shall be four times the average annual salary of the city's employees in the previous year.

(Subsidized treatment for daily medication)

Foreign workers are entitled to a subsidy for daily medication at a rate of RMB 20 per person per month during the period of their participation in the comprehensive insurance. After the foreign workers enjoy the comprehensive insurance card, the subsidized funds of 20 yuan per month for daily medication expenses will be injected into the comprehensive insurance card on a monthly basis, and the comprehensive insurance card holders can purchase medicines at pharmacies using UnionPay card POS machines in the city. At the same time, foreign workers can go to two hospitals, Shanghai Jian Gong Hospital and Changning District Central Hospital, for medical checkups and use their comprehensive insurance cards to pay for the checkups.

(Elderly Subsidy Treatment)

If an employer and an unemployed foreign worker have paid contributions for one year in a row, the foreign worker can get an old-age subsidy voucher, which is 7 percent of his or her actual contribution base.

Foreign workers can cash in their old age allowance in a lump sum with their old age allowance vouchers when they reach 60 years of age for men and 50 years of age for women.