What is the social security pooling account and how to use the money? -Stock market financing

Now many insured people have noticed the difference between social security pooling account and individual account. We are all familiar with social security personal accounts, so what is a social security pooling account? How to use the money in the social security pooling account? Let's take a look.

manage jointly

Social security account originally refers to the overall management of labor insurance system funds, and later extended to mutual fund assistance of various social insurance projects. Part of the money paid by social security goes into the social insurance account, which is paid by the state as a unified fund to realize the adjustment between the rich and the poor.

The money in the social security co-ordination account is generally used for reimbursement. For example, if the insured has an accident within the scope of medical insurance reimbursement, he can apply for reimbursement of related expenses in the medical insurance department. However, the balance of the personal account is used for the outpatient service of the hospital and the daily visit of the pharmacy.