What do social security individual accounts and co-ordination accounts mean?

The difference between a pool account and an individual account is as follows:

1. The concept is different: the overall account refers to the funds of various social insurance projects. Personal account is to record the part paid by the insured and the part transferred from the unit, as well as the interest of these two parts.

2. Different purposes: the money in the overall account belongs to the individual. Personal account is the main basis for the insured to receive personal account-related treatment when going through retirement procedures, transferring across the overall scope, surrendering before retirement, leaving the country to settle down before retirement or terminating the basic pension relationship after death.

3. Different ways of use: the overall account is to pay pensions or funeral subsidies and pensions to their survivors on a monthly basis, and personal accounts can be withdrawn after retirement.

First, medical insurance refers to social medical insurance.

1 is a social insurance system that meets the basic medical needs of workers when they are sick according to laws and regulations. 20 16 65438+ 10/2 the State Council issued "opinions on integrating the basic medical insurance system for urban and rural residents" to promote the integration of medical insurance for urban residents and the new rural cooperative medical system, and gradually establish a unified national medical insurance system for urban and rural residents. On February 20th, 2065438+0616, Ministry of Human Resources and Social Security held a video conference on the nationwide networking of basic medical insurance and direct settlement of medical treatment in different places, and signed letters of responsibility with the first batch of 22 provinces including Beijing, which applied for nationwide networking of basic medical insurance and direct settlement of medical treatment in different places, marking the formal implementation stage of direct settlement of medical treatment in different places.

Second, insurance companies.

An insurance company refers to a company as a legal person established in accordance with the Insurance Law and the Company Law. Insurance companies collect premiums, invest the premium capital in bonds, stocks, loans and other assets, and use the income of these assets to pay the insurance compensation determined in the policy. Through the above business, insurance companies can get high return on investment, provide customers with appropriate insurance services at lower premiums, and make profits.

An insurance company is an insurer in the form of company organization, which deals in insurance business. The insurer in the insurance relationship has the right to collect insurance premiums and establish insurance premium funds. At the same time, in the event of an insured accident, it is obliged to compensate the insured for economic losses.

Insurance companies are companies that sell insurance contracts and provide risk protection. An insurance company refers to an economic organization that operates the insurance industry. Insurance companies refer to commercial insurance companies established with the approval of China Insurance Regulatory Authority and registered according to law, including direct insurance companies and reinsurance companies.