The difference between a company buying social security and an individual buying social security.

The difference between a company buying social security and an individual buying social security is as follows:

1, different types of insurance: the former only participates in endowment insurance and medical insurance, but does not participate in work injury insurance and maternity insurance, but some areas can participate in unemployment insurance. The latter participates in five kinds of insurance, such as pension, medical care, work injury, maternity and unemployment;

2. Different payment bases: the former takes 40%- 100% of the average monthly salary of employees in the province in the previous year as the payment base, while the latter takes my average monthly salary in the previous year as the payment base, with different basic data;

3. The proportion of payment is different: the former accounts for 20% of the endowment insurance, the medical insurance payment is 80% of the local average monthly salary of urban workers in the previous year, and the basic medical insurance premium is 4.2% or 8%. The latter social security contributions are paid by the unit according to a certain proportion and by myself;

4. The payment subject is different: the former bears all the expenses personally. The expenses for the latter to pay social security are jointly borne by the employer and the employee, with the employer bearing most of the expenses and the employee bearing a small part. And the social security fee is withheld and remitted by the unit;

5. Different household registration restrictions: the former must have a local household registration to pay social security, and can only participate in social security for urban workers without local household registration. The latter pays employee social security without household registration restrictions, as long as it is a full-time job;

6. Different willingness to pay: the former can decide whether to pay social security fees according to its actual situation, while the latter must pay social security fees according to regulations.

Legal basis: Article 23 of the Social Insurance Law of People's Republic of China (PRC).

Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.