How to use the social security pooling fund?

Legal analysis: the medical insurance pooling fund refers to the remaining part of the medical insurance premiums paid by all employers for employees in a pooling area after deducting them from personal accounts.

The medical insurance pooling fund belongs to all insured persons, and is managed centrally by social insurance agencies and used uniformly. It is mainly used to pay the medical expenses, operation expenses, nursing expenses and basic inspection expenses of the insured employees. The medical insurance fund shall be stored in a special account for special purposes, and no unit or individual may misappropriate it.

Legal basis: Regulations on Industrial Injury Insurance

Article 2 Enterprises, institutions, social organizations, private non-enterprise units, foundations, law firms, accounting firms and other organizations and individual industrial and commercial households with employees in People's Republic of China (PRC) shall participate in work-related injury insurance in accordance with the provisions of these Regulations and pay work-related injury insurance premiums for all employees or employees of their own units.

Article 12 Work-related injury insurance funds shall be deposited in the financial special account of social security funds to pay for work-related injury insurance benefits, labor ability appraisal, publicity and training on work-related injury prevention and other work-related injury insurance fees as stipulated by laws and regulations. Specific measures for the proportion, use and management of work-related injury prevention expenses shall be formulated by the administrative department of social insurance of the State Council in conjunction with the departments of finance, health administration and safety production supervision and management of the State Council. No unit or individual may use the industrial injury insurance fund for investment, operation, construction or decoration of office space, bonus payment or other purposes.