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Retirement health insurance card monthly money back to the standard
The money returned to the health insurance card each month is standardized as follows:
1. Active employees are allocated 3.5% of their contributory salary as the base for those who are 45 years old and below; and 4.2% for those who are above 45 years old.
2. Retirees are allocated 5% of their last month's pension of the previous year (the medical insurance account of the new retiree in the current year, according to the first month's pension at the time of retirement) as the base.
3. Flexibly employed retirees who have reached the required number of years of contributions are entitled to a personal account.
4. Participants who are entitled to civil servants' medical subsidies will be transferred to the individual account again at the rate of 2.5% of the base of the basic medical insurance individual account.
If you want to know more, take a look at this article
What is the difference between residents' health insurance and employees' health insurance?
Basic medical insurance has two main components, one is the individual account, which is used for daily expenses such as medicines for minor illnesses and outpatient care, and the money is at your disposal. The other part is the integrated fund, which is used for reimbursement of hospitalization expenses for major illnesses, and this part is operated by the social security fund management department. As long as the participant monthly withholding medical insurance, each month will be in accordance with a certain percentage of this part of the personal account of the medical insurance rebate money.
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