What does it mean that social security has personal account expenditure and overall account expenditure?

1, personal account expenditure: the amount paid by the insured's personal account for medical insurance, mainly outpatient expenses.

2. Overall account expenditure: that is, the funds in the overall account are used to pay the related medical expenses of the insured.

3. Personal account records shall include: personal basic information, payment information, pension payment information, personal account storage information, transfer and connection information, termination and cancellation information, etc.

4. Social security pooling account: originally refers to the overall management of labor insurance system funds, and later used to fund various social insurance projects.

Extended data:

Social insurance is an economic guarantee to help workers and their relatives to prevent income interruption and loss from causing basic living difficulties when they encounter risks such as old age, unemployment and injury.

Social insurance is the most basic content of modern social security, and it is also an important tool to maintain social stability under the market economy. There are three aspects of social security fund: compulsory payment by individual workers, payment by enterprises (or employers) on behalf of employees, and appropriate government subsidies. Social security shall be combined with overall planning and individual accounts, and shall be implemented in accordance with the system norms formulated by the state.

The attribute of social insurance expenditure in fiscal expenditure items is transfer expenditure and people's livelihood expenditure.

Social security co-ordination account, the word "co-ordination" originated from the name of the social security fund co-ordination office established after the 1970 s in China. At first, it refers to the co-ordination management of labor insurance system funds, and then it is used to fund various social insurance projects.

Baidu encyclopedia-social security co-ordination account

Baidu Encyclopedia-Social Security Expenditure