What's the difference between commercial insurance and social security? How much do you pay every year?

Social security mainly guarantees the basic needs of life, but it gives people the lowest level of protection, while commercial insurance has a higher level of protection. The two may overlap, but they are irreplaceable. For an in-depth analysis of the relationship between commercial insurance and social insurance, please refer to how to use social insurance. 1. Teach you how to apply for reimbursement!

As we all know, social security is our most basic guarantee, and the content of five insurance covers all aspects of our lives. Take the medical insurance in the five risks as an example. Even if you are sick now, you can continue to apply for insurance in the second year, you can reimburse related medical expenses, and you can enjoy lifelong medical insurance after paying 15 years. But this does not mean that social security is enough, and its protection is still not enough. Commercial insurance is needed to supplement it. See below for details.

There are many differences between social insurance and commercial insurance. Let's take medical insurance as an example to briefly explain why commercial insurance can't replace social insurance.

1, ensuring that the contents are not completely coincident.

Compared with the content of commercial medical insurance, the content of social medical insurance can be said to be dwarfed. For example, social medical insurance does not cover the medical expenses caused by out-of-hospital consultations and ambulance calls, but these are all covered by commercial medical insurance.

As shown in the figure below, the types of drugs that can be reimbursed by social security are also very limited. For example, for the treatment of malignant tumors, there are many specific drugs with good effects and little side effects, but they are expensive. For example, for the treatment of lung cancer, Kelida costs more than 50,000 yuan per month. However, such specific drugs are not included in social security drugs, and there is no commercial insurance. Many cancer patients cannot support such high expenses for a long time with family savings.

2. The reimbursement amount is different.

Social medical insurance, as a welfare given by the state to citizens, has a much lower reimbursement rate than commercial medical insurance. If you receive treatment in a different place, even if medical insurance can be reimbursed, the reimbursement ratio will usually be reduced. Without commercial medical insurance, only social medical insurance is not enough to resist risks. As shown in the figure, more than half of the medical expenses and less than 50% of the social security reimbursement.

If you want to know more about the similarities and differences between social insurance and commercial insurance, please read this article.