Is it cost-effective for individuals to pay social security or medical insurance?

It is cost-effective for individuals to pay medical insurance.

Social security is much higher than the new rural cooperative medical system because of its five insurances. The annual payment of the new rural cooperative medical system is about 200 yuan, and the minimum payment of social security employees is more than RMB 1000. The higher the salary, the higher the payment.

Scope of use Medical insurance in social security can be used for registration, medical treatment, medicine purchase, hospitalization reimbursement, etc. At present, the new rural cooperative medical system can only reimburse hospitalization expenses in many cities, and a few cities can also reimburse medical expenses.

meaning

Social Security You can participate in social security as long as you have a formal job or are in a town. The new rural cooperative medical system can only be run in rural areas. Social security is paid once a month, and medical expenses cannot be reimbursed from the next month. The insured person has accumulated 15 years and can receive a monthly pension after retirement. Generally speaking, men have been insured for 25 years and women have been insured for 20 years. After retirement, they can still enjoy medical reimbursement without continuing to pay fees.