Is the balance of social security card the balance of medical insurance?

The balance of social security card is not the balance of medical insurance, as follows:

1. Social security card refers to an integrated circuit card that is uniformly planned by Ministry of Human Resources and Social Security and issued to the society by local human resources and social security departments. Social medical insurance card is a special card for personal account of medical insurance, which takes personal ID card as the identification code and stores detailed information such as personal ID card number, name, gender, payment and account capital consumption.

2. The medical insurance account is a special account for the insured to enjoy the medical insurance personal account treatment, and the social security bureau will transfer the medical insurance personal account treatment to the account regularly every month. The use of this account is restricted, so cash cannot be withdrawn. It can only be used for the medical expenses of the insured or their relatives in hospitals and pharmacies.

Legal basis: Article 63 of People's Republic of China (PRC) Social Insurance Law.

If the employer fails to pay social insurance premiums in full and on time, the social insurance premium collection agency shall order it to pay or make up within a time limit.

If the employer fails to pay or repay the social insurance premium within the time limit, the social insurance premium collection agency may inquire about its deposit account in banks and other financial institutions; And can apply to the relevant administrative departments at or above the county level to make a decision on the allocation of social insurance premiums, and notify their bank or other financial institutions in writing to allocate social insurance premiums. If the balance of the employer's account is less than the social insurance premium that should be paid, the social insurance premium collection agency may require the employer to provide guarantee and sign a deferred payment agreement.

If the employer fails to pay the social insurance premium in full and fails to provide guarantee, the social insurance premium collection agency may apply to the people's court for sealing up, distraining and auctioning the property whose value is equivalent to the social insurance premium that should be paid, so as to offset the social insurance premium with the proceeds from the auction.