What does social security capital injection mean?

Legal analysis: Since 20 16, 10, the social insurance fund management center has transferred 70% of the employee's personal account amount of medical insurance in the current month to his social security card financial account, and the insured can withdraw it by himself to compensate the medical expenses borne by the individual and pay for the purchase of commercial health insurance, physical examination and other expenses; The remaining 30% can't be withdrawn, which will be used to pay part of the medical expenses incurred by the insured in the medical insurance policy.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4 Employers and individuals in People's Republic of China (PRC) shall pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services.

Article 7 The administrative department of social insurance in the State Council is responsible for the management of social insurance throughout the country, and other relevant departments in the State Council are responsible for the relevant social insurance work within their respective functions and duties.

The social insurance administrative department of the local people's government at or above the county level shall be responsible for the social insurance management within its administrative area, and other relevant departments of the local people's government at or above the county level shall be responsible for the relevant social insurance work within their respective functions and duties.

Eighth social insurance agencies to provide social insurance services, responsible for social insurance registration, personal rights and interests records, social insurance benefits payment and other work.