Job Recruitment Website - Social security inquiry - Are medical insurance and endowment insurance separate?
Are medical insurance and endowment insurance separate?
It's separate. Both medical insurance and endowment insurance are part of social security. Social security is the general name of basic social insurance. Endowment insurance, medical insurance, maternity insurance, unemployment insurance and industrial injury insurance all belong to social security insurance. As of June 5438+ 10, 2024, there are various forms of social security participation in China, among which endowment insurance and medical insurance are the most basic. Whether an individual pays social security directly or a company pays social security, there will be insurance in both aspects. Although both of them are part of social insurance and "five insurances" paid by enterprises for employees, they are separate, with different functions and different payment standards.
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