Personal social security can only pay medical insurance, not old-age insurance?

When paying social security, whether you can only pay medical insurance but not old-age insurance depends on your identity.

According to the different types of medical insurance and endowment insurance, the answers are different.

To buy employee medical insurance and employee pension insurance, you can't just buy one insurance, whether it is paid by the company or purchased by yourself as a flexible employee, because the two insurances are tied together.

Especially when employers pay social security to employees, according to the relevant regulations of our country, medical insurance, endowment insurance, maternity insurance, industrial injury insurance and unemployment insurance are all tied together, which is also commonly known as five insurances, so it is not good to buy less.

If you buy medical insurance and old-age insurance as urban and rural residents, that is, social security for residents, you can buy them separately, because the old-age insurance for urban and rural residents and the medical insurance for urban and rural residents purchased as residents are not tied together.

However, even if social security is bought for residents, medical insurance and endowment insurance can be bought separately. It is generally not recommended that you buy only one of them. Because social security is a non-profit social security system in which the state participates in order to prevent and force most members of society, it has the function of income redistribution.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.