What is critical illness medical insurance? Is it social security?

Insurance Bian Xiao helps you answer, and more questions can be answered online.

Xiao Nuo answer:

Hello!

Medical insurance for serious illness is a supplementary insurance for social security, and it is also an insurance jointly funded by the government, collectives and individuals and undertaken by commercial insurance institutions. Due to the increasing medical expenses in China, it is difficult for social security to support the treatment burden of the masses. Poverty caused by illness, returning to poverty due to illness? Problem, launched a serious illness medical insurance. On the basis of social security, reduce the economic pressure of the masses to see a doctor.

If the insured person's accumulated compliance medical expenses exceed the deductible line of serious illness medical insurance in a medical insurance year, it can be reimbursed by serious illness medical insurance, and the reimbursement ratio is determined according to the level of medical expenses. The higher the medical expenses, the higher the reimbursement ratio.