What is the difference between several grades of social security in Shenzhen?

Legal analysis: the social security standard is five insurances (endowment insurance, medical insurance, maternity insurance, industrial injury insurance and unemployment insurance), among which only medical insurance will be divided into first, second and third grades. According to "Shenzhen Social Medical Insurance Measures", the first grade of basic medical insurance: the monthly payment is 8% of the total monthly salary, of which the employer pays 6% and the individual pays 2%. If my total monthly salary exceeds 300% of the average monthly salary of employees in this Municipality last year, I will pay it according to 300% of the average monthly salary of employees in this Municipality last year; If the total monthly salary is lower than 60% of the average monthly salary of employees in this Municipality last year, it shall be paid according to 60% of the average monthly salary of employees in this Municipality last year. The second stage of basic medical insurance: the monthly payment is 0.7% of the average monthly salary of employees in this city last year, of which the employer pays 0.5% and the individual pays 0.2%. The third stage of basic medical insurance: the monthly payment is 0.5% of the average monthly salary of employees in this city last year, of which the employer pays 0.4% and the individual pays 0. 1%.

Legal basis: Measures of Shenzhen Municipality on Social Medical Insurance.

Article 2 This Municipality implements a multi-level and multi-form social medical insurance system. The government establishes basic medical insurance and local supplementary medical insurance. According to the payment and corresponding treatment, the basic medical insurance is divided into one, two and three forms.

Article 3 All employers, employees and other personnel in this Municipality shall participate in social medical insurance in accordance with the provisions of these Measures.