What is the meaning of the five insurance, what is the use of

Five insurance includes pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. The five insurance and one gold refers to the employer to give workers several kinds of security treatment of the collective name, including pension insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, and housing provident fund. The term "five insurance and one gold" refers to the collective name of several kinds of security treatment given to workers by employers, including pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, and housing fund.

The usefulness of the five social security insurance is that it can protect the right of citizens to get material help from the state and society in accordance with the law in the case of old age, illness, work injury, unemployment and childbirth.

One, the role of paying pension insurance

Pension insurance, full name of the basic social pension insurance, is the state and society in accordance with certain laws and regulations, in order to solve the problem of workers in the state provisions of the discharge of labor obligations of the labor age limit, or because of the loss of the ability to work in old age after the withdrawal of labor positions and the basic life of a social insurance system. It is an important part of the social security system and one of the most important of the five major types of social insurance. The purpose of old-age insurance is to protect the basic living needs of the elderly and provide them with a stable and reliable source of livelihood. Therefore, the advantage of paying pension insurance is that after paying pension insurance for a minimum number of years and reaching the legal retirement age, you can apply for retirement and receive a monthly pension. Pension can be received until death, and with the improvement of the standard of living in society and "only increase", will be adjusted every year to increase, can make the old age to get a stable and reliable protection.

Second, the role of participating in the health insurance

1. The implementation of social coordination, with **** financial, enhance the ability to resist risk, to protect the basic medical needs of workers.

2. It enables participants to independently choose designated medical institutions and designated retail pharmacies.

3. A personal medical account owned by the individual is set up, and the personal account money can be freely disposed of within the stipulated range, and a certain amount of money can be accumulated for the insured during the time when no medical expenses are incurred, and can be inherited according to law. In addition, if the accumulation of in-service contributions to meet the minimum number of years, the ability to retire without having to continue to pay the basic medical fees can enjoy a higher level of reimbursement than the in-service health insurance benefits.

4. The implementation of social network management, on the one hand, to strengthen the monitoring of medical costs, so that the medical process is more reasonable; on the other hand, medical expenses incurred during medical treatment, the individual contributes to the self-payment portion of the remaining portion of the medical insurance agency and the medical institutions through the online settlement, to alleviate the burden of the participants, providing a convenient and efficient service.

Third, the role of unemployment insurance

Unemployment insurance refers to the state through the legislation mandatory, by the community to establish a centralized fund to provide material assistance to workers due to unemployment and temporary interruption of the source of livelihood, and thus to protect the unemployed during the period of unemployment of the basic livelihood, and to promote the re-employment of the system. It is an important part of the social security system and one of the main items of social insurance. Unemployed persons in urban enterprises and institutions are entitled to unemployment insurance benefits in accordance with the Regulations on Unemployment Insurance promulgated by the State Council.

It is understood that paying unemployment insurance can get you benefits such as unemployment insurance premiums when you lose your job. And such insurance as unemployment insurance belongs to the policy insurance, usually can not be bought in the commercial insurance company.

The role and significance of maternity insurance

Maternity insurance is one of China's five major social insurance systems. The important role of social security is to "take into account the fairness", the implementation of the second distribution, so that more members of society to enjoy the fruits of economic and social development. The purpose of establishing a maternity insurance system is to ensure that women workers who give birth enjoy protection during the period of childbirth and breastfeeding, so that they do not have to stop working or find themselves in a difficult situation because of childbirth. The implementation of maternity insurance can fundamentally solve the medical expenses incurred by women due to childbirth and the living allowance during maternity leave, and safeguard the legitimate rights and interests of women institutionally. The practice of the reform of the maternity insurance system has shown that the implementation of the social co-ordination of the maternity insurance under the new historical conditions has played a positive role in the protection of women's legitimate rights and interests, the improvement of women's employment environment, and the equalization of the burden on enterprises.

Experts say that paying for maternity insurance can reimburse the costs of prenatal checkups, family planning surgery and delivery surgery, and that maternity insurance premiums are fully borne by the unit.

Fifth, the role of workers' compensation insurance

Workers' compensation insurance is a kind of social insurance system that gives material help to workers when they are injured or disabled or die due to work, and when they are temporarily or permanently incapacitated. Work-related injury insurance premiums are all paid by the employer, and the individual worker is not required to make contributions.

At present, more and more people feel the benefits of industrial injury insurance, and actively urge enterprises to participate in industrial injury insurance, for their own labor safety "escort". According to reports, after participating in the work injury insurance, enterprises can effectively resist the risk of work injury, the injured can get medical treatment, rehabilitation treatment, but also to get economic compensation. If the employer should participate in but did not participate in the work injury insurance, when the employee was injured at work, the unit will have to bear all the costs of compensation for injuries at work, and its compensation standards and insured employees are the same, the difference is that the compensation for injuries at work is all responsible for the unit rather than the workers' compensation insurance fund to pay.

The advantage of paying workers' compensation insurance is that you can be compensated in case of work-related accidents or occupational diseases, and you don't have to worry about delays in the payment of workers' compensation insurance benefits by small companies, especially in the case of major accidents.

Legal basis:

Second Article of the Social Insurance Law of the People's Republic of China The State establishes a social insurance system for basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., and guarantees the right of citizens to obtain material assistance from the State and society in accordance with the law in the event of old age, illness, industrial injury, unemployment, or maternity, etc. The State also establishes a social insurance system to protect the rights of citizens to obtain material assistance from the State and society in accordance with the law.

Article 3 The social insurance system adheres to the policy of broad coverage, basic protection, multi-level and sustainability, and the level of social insurance shall be commensurate with the level of economic and social development.