How to spend the money in the social security card? There are so many uses.

How to spend the money in the social security card? Before answering this question, let's first understand what the money in the social security card is, and then look at how different money should be spent.

At present, the social security cards we use are basically financial social security cards, and there are two accounts, one is a financial account and the other is a social security account.

The financial account in the social security card is actually the same as our ordinary bank card. It has the basic functions of ordinary debit cards. You can go to the bank to activate your financial account, and then withdraw cash directly or spend it by credit card.

Of course, you can also go to the bank to open online banking like an ordinary debit card, and then spend it through online banking or mobile banking, or by binding Alipay credit cards. These are all normal.

At present, there are two kinds of money in the social security account, endowment insurance and medical insurance.

1, endowment insurance.

Endowment insurance has two parts, one is the balance of individual account and the other is the overall account. Everyone can't see the balance of the overall account, because it is coordinated by local social security departments and has little to do with individuals.

What you can see is the personal account balance, which can be inquired by phone, or by logging in to social security APP or Alipay, and how many people have the pension account balance can be seen at a glance.

However, when the balance of the individual pension account has not reached the retirement age, everyone can only inquire and cannot use it. This money will be kept in everyone's accounts until everyone reaches retirement age and goes through retirement procedures. The social security department will transfer a certain amount to everyone's financial account on time every month, and everyone can withdraw the money directly.

Of course, under special circumstances, everyone can apply for withdrawing the balance of personal pension insurance in advance, such as the insured's death before reaching retirement age, or the insured's emigration and cancellation of his China nationality. In this case, you can take the relevant information to the local social security bureau to handle the settlement procedures of old-age insurance, so that the balance of personal old-age insurance can be taken out.

2. Medical insurance account.

The medical insurance account also has the balance of the overall account and the personal account, in which the overall account is beyond the control of the individual. Only when everyone goes to the hospital or the balance of personal accounts reaches a certain amount can they use the overall account.

However, for the medical insurance pooling account, the regulations vary from place to place. For example, some places will return the money from the overall account to the personal account according to a certain proportion, so that everyone can control it.

How to use the balance of individual medical insurance account is currently regulated differently in different places. By observing the relevant policies of cities across the country, the balance of individual medical insurance accounts mainly has the following purposes.

(1) directly used to buy medicine.

The biggest function of personal account balance of medical insurance is to buy medicine. You can buy medicines at designated medical insurance institutions, such as hospitals or pharmacies. At present, many drugs support medical insurance payment.

(2) Buy commercial insurance.

In some places, in order to encourage people to participate in more social insurance, insured people are allowed to buy some commercial insurance with the balance of their personal accounts.

For example, if the personal account of Nanjing Medical Insurance Card exceeds 3,000 yuan, it can be used to purchase my commercial health medical insurance, and the annual use limit is 2,000 yuan; For example, Fuzhou stipulates that the part of the personal account of the medical insurance card that exceeds 5,000 yuan can be used to purchase commercial supplementary insurance.

(3) For purchasing long-term care insurance.

Long-term care insurance is called the sixth insurance. Long-term care insurance is a kind of social insurance, which is mainly used to reimburse the expenses incurred by the elderly who can't take care of themselves due to old age, illness or disability, need medical treatment at home or in nursing homes, and are cared for by special personnel.

At present, many areas in China have begun to pilot long-term care insurance. The payment of care insurance mainly consists of two parts, one part is drawn from the employee medical insurance expenses paid by the unit, and the other part is drawn from the personal medical insurance account balance.

For example, Qingdao deducts 0.2% of the employee's contribution base from the money that should be transferred to the employee's personal account, and pays 0.5% of the contribution base from the overall fund.

(4) Pay insurance for family members.

At present, in many places, in order to improve the efficiency of using the balance of personal medical insurance account and reduce the burden of participating in insurance, insured persons are allowed to use the balance of personal medical insurance account to buy urban and rural medical insurance for their families.

For example, if the personal account balance of the first-class insured in Shenzhen basic medical insurance reaches more than 60% of the average social wage in Shenzhen, you can use the personal account balance of medical insurance to participate in the insurance.

(5) Cash withdrawal

Under normal circumstances, the balance of personal medical insurance account cannot be withdrawn, but at present, some areas are also trying to withdraw the personal balance of medical insurance account.

For example, Beijing can apply for personal passbook withdrawal of medical insurance cards; Tianjin can transfer 70% cash from the personal account of the medical insurance card to the financial account of the medical insurance card.

What we have listed above is only the policies of some cities. As for how to use the money of social security card, it should be combined with local reality.