What is the overall fund in social security?

The medical insurance pooling fund refers to the remaining part of the medical insurance premiums paid by all employers for employees in an overall planning area after deducting personal accounts.

The medical insurance pooling fund belongs to all insured persons, and is managed centrally by social insurance agencies and used uniformly. It is mainly used to pay the medical expenses, operation expenses, nursing expenses and basic inspection expenses of the insured employees. The medical insurance fund shall be stored in a special account for special purposes, and no unit or individual may misappropriate it.

Extended data:

Before the start of the overall planning year, we must budget the total revenue and expenditure of the medical insurance fund in this overall planning year, especially the revenue and expenditure of the overall planning fund, leaving enough room. After the overall budget is completed, we will separately approve the specific revenue and expenditure budgets of individual accounts and overall funds.

Fund early warning system refers to the establishment of a basic medical insurance system, through the management information system, set up corresponding warning lines for various funds, and give early warning of possible risks in the operation of the fund system. For the integrated area that has been networked, it is necessary to make full use of the management information system and computer settlement system to implement online monitoring.

Once the overall fund is seriously overspent, the guarantee function of the basic medical insurance system will be weakened or even collapsed, which will lead to the failure of the basic medical insurance reform.

However, it is an objective and unavoidable fact that the whole fund faces various risks during its operation. Therefore, it is of great practical significance to seriously study and discuss various risks existing in the operation of medical insurance funds, and to avoid and guard against these risks.