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Is social security insurance?
Social insurance (social insurance ● social insurance ● social insurance)
It is a system with the state as the main body, which uses social forces to compensate employees for their income loss to a certain extent through legislative means when they temporarily or permanently lose their ability to work, even when they have the ability to work, so that they can continue to reach the basic living standard, thus ensuring the normal operation of labor reproduction and expanded reproduction, and ensuring domestic social stability.
Social insurance in China includes five types of insurance: endowment insurance, medical insurance, unemployment insurance, disability insurance, maternity insurance and sickness insurance. Now, a new rural cooperative medical system covering 900 million farmers is being piloted. These are all national welfare policies, not for profit.
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