Is social security medical insurance or endowment insurance?

Social security is neither endowment insurance nor medical insurance. To be precise, social security includes endowment insurance and medical insurance. Social security is the general name of five insurances: endowment insurance, medical insurance, industrial injury insurance, unemployment insurance and maternity insurance.

However, we also need to note that social security is divided into employee social security and resident social security. Among them, employee social security does pay pension insurance, medical insurance, work injury insurance, unemployment insurance and maternity insurance, but resident social security usually only needs to pay pension insurance and medical insurance, and the other three insurances do not need to be paid. If you pay social security as a flexible employee, you generally only need to pay pension insurance and medical insurance.

Everyone needs to pay attention, because when social security is paid, these insurances are paid together, so when social security is paid, these insurances will be paid. Moreover, once the medical insurance is paid off, the insured can no longer enjoy the basic medical insurance benefits. Therefore, I suggest that you try to avoid the occurrence of social security payment. If it is paid off, it should be renewed in time.

Social security includes medical insurance and endowment insurance.

In fact, the full name of social security is social insurance. The purpose of the state is to protect and share the social risks of the elderly, the unemployed and the sick in society. The purpose of the state is to ensure social security and provide a certain proportion of income or compensation to those who have lost their ability to work or suffered various economic losses due to health reasons. It belongs to a social and economic system, and the insured can receive a certain amount of insurance money every month after retirement by paying enough premiums for a certain period of time. Social security and medical insurance can be seen intuitively from the difference between social security card and medical insurance card. As far as social security card is concerned, it not only has the function of medical insurance card, but also is a voucher for handling various social security businesses. But for the medical insurance card, the medical insurance card is limited to the medical insurance function, and the insured can only enjoy the medical insurance treatment by using the medical insurance card.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to get material help from the state and society in the event of old age, illness, industrial injury, unemployment and maternity.

Fifth people's governments at or above the county level shall incorporate social insurance into the national economic and social development plan.

The state raises social insurance funds through multiple channels. People's governments at or above the county level shall provide necessary funds and support for social insurance.

The state supports social insurance through preferential tax policies.

Article 6 The State exercises strict supervision over social insurance funds.

The State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall establish and improve the supervision and management system of social insurance funds to ensure the safe and effective operation of social insurance funds.

People's governments at or above the county level shall take measures to encourage and support all sectors of society to participate in the supervision of social insurance funds.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.