Is medical insurance cumulative?

The number of years of medical insurance can be accumulated. If the insured reaches the statutory retirement age and the accumulated payment reaches the number of years stipulated by the state, he will no longer pay the basic medical insurance premium after retirement and can enjoy the basic medical insurance benefits in accordance with the provisions of the state; If not, it is necessary to continue to pay the fees to the specified number of years.

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. If the employer fails to declare the amount of social insurance premiums that should be paid according to law, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month. After the payment unit completes the declaration procedures, the social insurance fee collection agency shall settle the accounts according to law.

Legal basis: Article 16 of the Social Insurance Law of People's Republic of China (PRC).

Individuals who participate in the basic old-age insurance will receive the basic old-age pension on a monthly basis if they have paid a total of fifteen years when they reach the statutory retirement age.

Individuals who participate in the basic old-age insurance and pay less than fifteen years when they reach the statutory retirement age can pay for fifteen years and receive the basic pension on a monthly basis; Can also be transferred to the new rural social endowment insurance or urban residents' social endowment insurance, enjoy the corresponding pension insurance benefits in accordance with the provisions of the State Council.