Is social security and medicare one and the same

Social security and medical insurance are one and the same.

Social security consists of five elements: basic pension insurance, basic medical insurance, work injury insurance, unemployment insurance and maternity insurance, of which medical insurance is medical insurance, which is an important part of social security. Employers are usually responsible for paying these insurance fees for their workers, while employee health insurance is mandatory and workers must pay it together when they are employed. For flexibly employed workers, they can choose to pay their own pension insurance premiums or medical insurance premiums. In addition, the basic medical insurance for urban residents or the New Rural Cooperative Medical Care (Xinnongjia) are separate from the employee social security and do not need to be paid together. The social security card has the functions of a medical insurance card and can be used as an electronic voucher to enjoy the rights and benefits of social security and public **** employment services.

The role of social security includes:

1. can stabilize social life;

2. can achieve redistribution;

3. can promote economic development;

4. most areas to buy a car to buy a house and social security linked to the requirement that only to pay social security for a certain period of time, before you can buy a car to buy a house in the local;

5. in social security The five major insurance policies included in the social security system each have their own roles to play.

In summary, social security and health insurance are one and the same, medical insurance is an important part of social security, the employer is responsible for paying the insurance costs for the employee, employee health insurance is mandatory. Flexibly employed workers can choose to pay their own pension insurance premiums or medical insurance premiums. The basic medical insurance for urban residents or the New Farmers' Cooperative is separate from the social security for employees and do not need to be paid together. The social security card has the function of a medical insurance card and can be used as an electronic voucher to enjoy the rights and benefits of social security and public **** employment services.

Legal basis:

The Social Insurance Law of the People's Republic of China

Article 2

The state establishes a social insurance system of basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance, maternity insurance, etc., and guarantees the citizens' rights to obtain material assistance from the state and society in accordance with the law in the event of old age, sickness, industrial injury, unemployment and childbirth. rights.