What is the use of the money in the personal account of the social security card?

There are five main differences between personal account balances and health account balances:

1. Different names: Personal account balances and health account balances have different names, and the sum of the two is the amount of money that can actually be used on a social security card.

2. Different scopes of use: Health account balances are widely used; personal account balances have narrower uses.

3. Different uses: Health account balances can be used to buy drugs at pharmacies; personal account balances can only be used at hospital outpatient or inpatient departments.

4. Different contribution amounts: Different regions have different social security regulations, and the balances of personal accounts and health accounts are different. Generally speaking, the balance of personal account is larger.

5. Different accounts: The balance of the personal account and the balance of the health account do not belong to the same account. The sum of the two is the amount of money that can actually be used on a Social Security card.

1. There is no difference between the personal account balance and the amount of the social security card account. Personal account balances are account balances. They are subsidiary. The account amount of the social security card consists of two parts, the personal account amount and the overall amount. The personal account part is borne by the worker and the overall part is borne by the employer. In the case of pension insurance, for example, the enterprise pays 20% and the individual pays 8%. Twenty percent of the enterprise's contribution is included in the overall account, and 8 percent of the individual's contribution is included in the individual account. After an employee retires, the state pays the individual and co-ordinated portions of the pension to the employee on a monthly basis according to the pension calculation method.

2, the main difference between social insurance and commercial insurance: the implementation of different purposes. Social security is to provide members of society with the necessary basic security, not for profit; commercial insurance is a commercial operation of the insurance company for profit. Different ways of realization. Social insurance is mandatory according to national legislation. Commercial insurance follows the principle of "freedom of contract" and is voluntarily insured by enterprises and individuals; the subjects and objects of implementation are different. Social insurance fund by the state set up by the specialized agencies to raise, manage and distribute, the object of the legal scope of the members of society.

3, commercial insurance is managed by the insurance company, the insured can be anyone who meets the underwriting conditions: different levels of protection. Social insurance is the most basic protection of the insured, its level is higher than the social poverty line, less than 50% of the average social wage; commercial insurance provides a level of protection depends entirely on the agreement of the insured parties and the amount of premiums paid by the insured. As long as the insured meets the conditions for enrollment and has a certain payout capacity, the insured can obtain a high level of protection. Therefore, the personal account balance of the social security card is different from the account balance.