Is it okay for a company to pay only medicare and not social security?

Usually, medical insurance and social security belong to different types of insurance. Medical insurance refers to a unified medical insurance system funded by the state or local government, which provides a basic medical insurance system for the insured. Social security, on the other hand, refers to the welfare insurance system paid to employees and their families and other people under certain conditions, including pension insurance, work injury insurance, maternity insurance, unemployment insurance and medical insurance. Therefore, it is unreasonable for a company to pay only for medical insurance but not social security.

According to China's laws, when the employees of an employer unit reach a certain size, the employer must pay social insurance premiums for the employees according to law, and declare and pay them to the relevant departments, including enterprise annuity, medical insurance, pension insurance and so on. This protects the employees in the normal work of the unit to which they belong, and compensates for the damages arising from the potential risks posed by the work. At the same time, social security is also a key measure to maintain a harmonious relationship between employers and employees as well as smooth operation.

Therefore, the payment of social insurance should be stipulated and implemented in accordance with the law in the management of the enterprise. Failure to purchase sufficient social insurance may not only violate the relevant national and regional regulations or ordinances, but also cause losses to the legitimate rights and interests of its employees.