Which is more cost-effective, agricultural insurance or social security?

Rural insurance and social security, which is cost-effective, need to be judged according to personal circumstances.

Social security and agricultural insurance have their own advantages, which is more cost-effective, depending on individual circumstances. Social security is paid five years earlier than rural insurance, and the adjustment of social security fund is usually adjusted every year, while rural insurance rarely adjusts the fund. Therefore, from the perspective of long-term benefits, social security may have more advantages. Social security payment is relatively fixed and inflexible, while rural insurance can pay flexibly according to economic conditions, which may be more beneficial to people with unstable economic conditions. As for medical insurance, rural cooperative medical care is mainly aimed at agricultural registered permanent residence, and it is attended by families. However, there is no household registration limit for social security, and the reimbursement ratio is usually higher. Therefore, for farmers who work in the company, if the company has already purchased social security, there is no need to purchase rural cooperative medical care. When choosing, we should consider the nature of personal work, economic situation and the demand for medical security, and comprehensively evaluate which insurance is more suitable for us.

Historical evolution of rural endowment insurance;

1. Rural insurance is rural social endowment insurance, which originated from the pilot work in the 1980s.

2. In 2009, China began to promote the new rural social endowment insurance system nationwide;

3.20 1 1, the new rural social endowment insurance and urban residents' social endowment insurance are merged;

4.20 14 With the establishment of the basic old-age insurance system for urban and rural residents, rural insurance has been formally included;

Since then, rural insurance, as a part of the basic old-age insurance for urban and rural residents, enjoys the same treatment as urban residents.

To sum up, the choice of agricultural insurance and social security needs to be comprehensively evaluated according to the nature of personal work, economic situation and medical needs. Social security provides the advantages of early collection time and annual salary adjustment, which is suitable for people with stable income; Rural insurance provides flexibility in payment and is suitable for people with large fluctuations in economic conditions. In terms of medical insurance, the reimbursement rate of social security is usually high, and there is no household registration restriction, which is suitable for non-agricultural registered permanent residence people.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 16

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age. Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.