What is agricultural insurance?

The new rural old-age insurance, also known as the new rural social old-age insurance, is a social old-age insurance system organized and implemented by the government to ensure the basic life of rural residents in their later years, and is an important part of the national social insurance system. Agricultural insurance is a kind of endowment insurance, and medical insurance is medical insurance. They are different insurance items, and there are differences in insurance benefits and insurance claims.

Legal analysis: The new rural endowment insurance, also known as the new rural social endowment insurance, is a social endowment insurance system organized and implemented by the government to ensure the basic livelihood of rural residents when they are old, and it is an important part of the national social insurance system. Agricultural insurance is a kind of endowment insurance, and medical insurance is medical insurance. They are different insurance items, and there are differences in insurance benefits and insurance claims.

The main difference between the new rural insurance and social security lies in the different objects of protection:

The full name of the new rural cooperative medical system is "the new rural cooperative medical system", which is a reimbursement procedure composed of a small part paid by farmers and a large part paid by the state every year. You must be a rural hukou to participate in the new rural cooperative medical system. Each person pays only the same amount of money each year, and you need to pay again in the second year to enjoy the new rural cooperative medical system. The target population is farmers who work at home and have not come out to work in cities and towns.

Social security is the abbreviation of social insurance. Social insurance is a social security system in which the state provides certain material assistance to workers who temporarily or permanently lose their source of livelihood due to old age, illness, work injury, unemployment, childbirth and death. Social insurance has the characteristics of security, universality, mutual assistance, compulsion and welfare. When the social insurance fund can't make ends meet, the national financial funds will make up for the fund gap.

Agricultural insurance refers to the rural social security system in which the administrative department is responsible for organization and management, rural economic organizations, collective institutions and workers from all walks of life share the obligation to pay old-age insurance premiums, and workers enjoy basic old-age insurance benefits according to the payment status of old-age insurance premiums when they are old.

At present, there are three forms of social endowment insurance in China: occupational insurance, new rural insurance and urban residence insurance. Anyone can only buy one of them, not more than two. The new rural social endowment insurance, referred to as agricultural insurance, is aimed at rural registered residents who are unemployed and have not participated in social security. Voluntary payment by individuals is not mandatory.

Medical insurance is insurance to compensate medical expenses caused by diseases. Social insurance in which employees are provided with necessary medical services or material assistance by society or enterprises due to illness, injury or childbirth.

Legal basis: Article 20 of the Social Insurance Law.

The state establishes and improves the new rural social endowment insurance system. The new rural social endowment insurance combines individual contributions, collective subsidies and government subsidies.