Why should social security cards be related?

Legal analysis: Why do social security cards need to be related? The social security card association plays a great role. After the social security card and bank card are merged, it is called "financial social security card". Its functions are as follows: the integration of social security card and bank card is the first step of multi-card merger, which fundamentally solves the inconvenience of too many cards; Ministry of Human Resources and Social Security and the People's Bank of China signed an agreement. People's Bank of China gradually replaced magnetic stripe cards with chip cards from the perspective of security. The social security card just took this opportunity to be replaced by a financial social security card, which is conducive to the combined use of social data and bank data; After the financial social security card is launched, we will cooperate with health departments, hospitals and banks to develop medical insurance information systems. In the future, all expenses will be deducted directly from the insured's account, which will not involve cash delivery and will not waste the time of queuing for medical treatment.

Legal basis: Article 8 of People's Republic of China (PRC) Social Insurance Law provides social insurance services, and is responsible for social insurance registration, personal rights and interests record, social insurance benefits payment, etc.