What does medical insurance co-ordination mean?

The balance of basic medical co-ordination refers to the remaining amount of the co-ordination fund in this social security year.

Basic medical co-ordination refers to the hospitalization expenses paid by the co-ordination fund in the hospitalization medical insurance expenses of each social security year, that is, reimbursement expenses.

The basic medical insurance pooling fund is the basic medical insurance premium paid by the employer, and the remaining funds and interest income after deducting the part transferred to the personal account are the basic medical insurance pooling fund. The purpose of establishing the basic medical insurance co-ordination fund is to help and share the disease risk among social groups in a certain area, solve the medical expenses of employees when they are seriously ill, embody the principle of social equity, and help reduce the social burden of enterprises.

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