What does Class A medical insurance mean?

First, the difference between the insured items

Class A comprehensive security plan: it includes six social security projects, including basic pension, medical care, unemployment, work injury, maternity insurance and housing security.

Class B comprehensive security plan: it includes five social security projects, including basic pension, medical care, unemployment, work injury and maternity.

Class C comprehensive security plan: it includes four social security items: basic pension for employees, unemployment, work injury and hospitalization for serious illness (Class C comprehensive security plan is a transitional and temporary comprehensive security plan).

Second, the difference between the applicable units

A comprehensive social security plan is mainly applicable to all employers and employees who have formed labor relations with them in the new cooperative development zone of the park; All types of employers outside the Sino-Singapore Cooperation Development Zone can choose to participate.

Class B comprehensive social security plan is mainly applicable to all kinds of employers and employees who have formed labor relations with them outside the new cooperative development zone of the park. All kinds of employers in Sino-Singapore Cooperation Development Zone can choose to participate after the application of the unit, the audit of the park provident fund management center and the approval of the park provident fund management department.

Class C comprehensive social security plan is mainly applicable to private enterprises, individual industrial and commercial households and their employees and self-employed persons outside the new cooperative development zone in the park. Similar enterprises and personnel in the Sino-Singapore Cooperation Development Zone, as well as other enterprises and personnel, may choose to participate after completing the examination and approval procedures specified in the preceding paragraph.

Three, the classification of the difference in the proportion of comprehensive payment (the employer pays the provident fund work-related injury insurance premium in addition to 0.2% of the monthly payment base of all employees of the unit)

The comprehensive contribution ratio of the provident fund of Class A comprehensive social security plan is 44% of the employee's monthly contribution base, which is paid by the employer and the employee at the ratio of 22% respectively.

The comprehensive contribution ratio of the provident fund of Class B comprehensive social security plan is 36% of the monthly contribution base of employees, which is paid by the employer and the employees respectively according to the ratio of 18%.