Why do you need a new social security card?

Reasons why the social security card needs to be updated:

1, more secure: the new social security card will be embedded with the key and serial number when it is made, and the authentication function will be loaded at the same time, which improves the security.

2. Function upgrade: The new social security card has not only social security function, but also financial function, and can be used as a bank card. The old social security card only has social security function.

The social security card replacement process is as follows:

1. I apply for replacing my social security card with my valid ID at the newly selected card bank.

2. After the production of the new bank social security card is completed, activate the new social security card at the new bank outlet and receive the notice of personal account transfer of medical insurance.

3. I hold the transfer notice to any branch of the original card bank, go through the formalities of clearing the balance of financial account and transferring the balance of personal medical insurance account, and cancel the original social security card (after the new social security card is activated, the relevant treatment will be sent to the new card; The original social security card can still be used in designated medical institutions and retail pharmacies, but the medical insurance account can only be queried at the original bank counter).

4. After the cancellation of the original social security card, the funds in the personal account of medical insurance of the original social security card will be transferred to the new social security card in the form of bank transfer as soon as T+/KLOC-0.

To sum up, to replace the social security card, you need to apply to the newly selected card bank first, and then wait for the business card printing to be completed and activate the new social security card. After activating the new social security card, you need to go to the original card bank to clear the balance of the financial account and transfer the balance of the personal medical insurance account, and finally cancel the original social security card and wait for the funds of the personal medical insurance account of the original social security card to be transferred to the new social security card.

Legal basis:

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

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 5

The people's governments at or above the county level will incorporate social insurance into the national economic and social development plan. The state raises social insurance funds through multiple channels. People's governments at or above the county level shall give necessary financial support to social insurance. The state supports social insurance through preferential tax policies.