What are the advantages and disadvantages of social insurance?

Advantage 1: Effective immediately. As long as the enterprise pays it to you, your medical insurance will take effect, unlike commercial insurance, which has a waiting period of about 30- 180 days.

Advantage 2: You can insure against diseases. Even if you are sick at present, you can pay medical insurance or submit an expense account. At present, most of the critical illness insurance in China has strict health notification. If you don't meet the requirements, you can't buy commercial insurance even if you have money.

Advantage 3: Guaranteed renewal. Many consumers' commercial insurance is not guaranteed to be renewed. If you are sick, you can't buy commercial insurance if you want to continue.

Advantage 4: Long-term effect. Men who have paid for 25 years and women who have paid for 20 years can continue to enjoy medical reimbursement after retirement.

Insufficient social security:

1, medical insurance reimbursement is very strict: cosmetic surgery, weight loss, height increase, myopia correction, infertility, sexual dysfunction, mental illness, the above medical expenses, medical insurance does not care. In addition, if you have a traffic accident or are injured by gangsters, these are not covered by medical insurance.

2. Social security drugs are very strict: the state has clear regulations on the scope of medical insurance drugs, which can be reimbursed and which need to be paid at their own expense. For example, if you have cancer, most imported drugs that are particularly effective for treatment are not covered by social security.

List of social security medical reimbursement:

Class A drugs: all of them are included in the scope of reimbursement (the curative effect is average, but the cost is low)

Class B drugs: 90% are included in the scope of reimbursement (with good curative effect and slightly higher cost).

Class C drugs: not included in the scope of reimbursement (excellent curative effect and high cost)