The difference between medical insurance and social security

"1. Social medical insurance is a social insurance system established by the state and society according to certain laws and regulations to provide basic medical needs for workers within the scope of protection. Social medical insurance consists of basic medical insurance and medical assistance for serious illness, supplementary medical insurance for enterprises and supplementary medical insurance for individuals. 2. Social medical insurance includes medical insurance for serious illness. Medical insurance reimbursement hospitalization has an annual reimbursement limit, which is currently four times the average social wage. However, social medical insurance has a wide coverage and low security. See a doctor first, then reimburse. In addition, self-funded drugs or imported drugs are not covered by social medical insurance. 3. Commercial medical insurance also provides critical illness medical insurance. Commercial critical illness insurance paid immediately after diagnosis, which solved the embarrassment of having no money to treat the disease. Regardless of the number of companies, a few insured amounts can be accumulated and superimposed. 4. To sum up, social medical insurance includes critical illness medical insurance, but its protection is limited and insufficient, and it needs commercial critical illness medical insurance as a supplement.

Legal objectivity:

"Medical Insurance Regulations" Article 7 The basic medical insurance premium shall be paid by both the employer and the employee. Among them, the employer pays 5%-7% of the total monthly salary of its employees, and the rate of employees paying basic medical insurance premium is not less than 2% of their total monthly salary. People's Republic of China (PRC) Labor Law Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.