How much does it cost for individuals in Nanhai, Foshan to participate in social insurance and only pay endowment insurance and medical insurance in January?

When you retire from medical insurance, you must accumulate a certain payment period (including deemed payment period), which is generally 20 -30 years, and the actual payment period must reach 5 years (or 10 years), so that you can enjoy medical insurance benefits for life free after retirement.

Employee medical insurance processing flow:

1. The employing unit shall, in accordance with the provisions of the Municipal Human Resources and Social Security Bureau, go through the basic medical insurance registration formalities at the designated social insurance agency. Among them, the newly established employer shall, within 30 days from the date of establishment, go through the registration procedures for basic medical insurance.

2. If the employer terminates or changes the registered items of the basic medical insurance according to law, it shall go through the formalities of cancellation or change of registration with the original registration authority within 30 days from the date of the relevant situation.

3. The social insurance agency shall, when going through the formalities specified in the preceding two paragraphs of this article, conduct an audit in accordance with the requirements of the Municipal Human Resources and Social Security Bureau, and inform the Municipal Medical Insurance Center of the employer's registration, change of registration or cancellation of registration in a timely manner in accordance with the provisions.

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