What does the medical insurance card mean?

If the cardholder is cancelled by the public security department due to death or disappearance, or goes abroad to settle down, the cardholder or agent shall cancel the social security application at the social security institution of the insured place, and cancel the financial application at the designated service outlet of the bank marked on the card by the notice of cancellation issued by the social security institution of the insured place. After the service outlets designated by the card face recognition bank complete the card cancellation procedures, the service outlets designated by the card face recognition bank will destroy the cards according to the regulations.

Medical insurance co-ordination refers to the remaining part of medical insurance premiums paid by all employers for employees in a co-ordination area after being deducted from personal accounts. The medical insurance pooling fund belongs to all insured persons, and is managed centrally by social insurance agencies and used uniformly. It is mainly used to pay the medical expenses, operation expenses, nursing expenses and basic inspection expenses of the insured employees. The medical insurance fund shall be stored in a special account for special purposes, and no unit or individual may misappropriate it. The overall planning fund includes: the remaining part of the total payment of all insured units in the overall planning area after deducting individual accounts; Financial subsidies; Social donation; Bank interest; Late payment fees, etc. At present, the employer's contribution ratio is about 6% of the total salary, and the individual contribution ratio is 2% of my salary. Part of the basic medical insurance premium paid by the unit is used to establish the overall fund, and part of it is included in the personal account; The basic medical insurance premiums paid by individuals are included in personal accounts. Pooling funds and individual accounts bear different responsibilities for payment of medical expenses. The overall fund is mainly used to pay for the hospitalization and outpatient treatment of some chronic diseases, and the overall fund has a minimum payment standard and a maximum payment limit; Personal accounts are mainly used to pay for general outpatient expenses.

legal ground

Regulations of People's Republic of China (PRC) Municipality on Basic Medical Insurance for Urban Workers

Article 3 The basic medical insurance fund for urban workers shall be established, and the system of combining individual medical accounts (hereinafter referred to as individual accounts) with basic medical pooling funds (hereinafter referred to as pooling funds) shall be implemented.