The difference between enterprise insurance and social security

Legal analysis: I. Different concepts

Social security is the abbreviation for social insurance, which is a social and economic system to provide income or compensation for the population incapacitated, temporarily out of the workforce, or loss due to health reasons. Medicare is short for medical insurance, which is a type of insurance that compensates for medical expenses caused by illness. It is a social insurance that provides necessary medical services or material help by the society or the enterprise when the employee is sick, injured or gives birth.

Second, the role of different

Social security can provide participants with basic medical insurance, basic pension insurance, industrial injury insurance, unemployment insurance and maternity insurance within the scope of economic security. Because social insurance is a governmental act, it is characterized by mandatory.

Legal basis: The Social Insurance Law of the People's Republic of China

Article 4 Employers and individuals within the territory of the People's Republic of China shall pay social insurance premiums in accordance with the law, and shall have the right to inquire into the records of contributions and individual rights and interests, and to request the social insurance agencies to provide social insurance counseling and other related services.

Individuals enjoy social insurance benefits in accordance with the law, and have the right to supervise the payment of contributions for them by their own units.

Article 58 An employer shall, within thirty days from the date of employment, apply for social insurance registration with a social insurance agency for its employees. If the employer fails to apply for social insurance registration, the social insurance agency shall approve the social insurance contributions to be paid by the employer.

Individual entrepreneurs without employees who voluntarily participate in social insurance, part-time workers who do not participate in social insurance with their employers, and other flexibly employed persons shall apply for social insurance registration with the social insurance administrative organization.