What is the social insurance system in China?

First, what is the social insurance system in China?

1. Social insurance system refers to the system of social insurance policies and measures stipulated by law and implemented according to certain rules. Social insurance belongs to social undertakings. China's social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability.

2. Legal basis: Article 3 of the Social Insurance Law of People's Republic of China (PRC).

The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Second, how is the medical insurance system stipulated?

Medical insurance generally refers to basic medical insurance, which is a social insurance system established to compensate workers for economic losses caused by disease risks. The medical insurance fund is established through the contributions of employers and individuals. After the insured person has medical expenses, the medical insurance institution will give certain economic compensation. The establishment and implementation of the basic medical insurance system has gathered the economic strength of units and social members. With the government's funding, sick social members can get necessary material help from the society, reduce the burden of medical expenses, and prevent sick social members from "poverty due to illness".

Third, the company's social insurance system must be effective?

1, the company's social insurance system may not be effective. Specifically, if the system content violates the provisions of the Social Insurance Law, the Labor Law and the Interim Regulations on the Collection and Payment of Social Insurance Fees, the system will be partially or even completely invalid;

2. Social insurance: it is an important part of the social security system and occupies a core position in the whole social security system. In addition, social insurance is a contributory social security. The funds are mainly paid by employers and workers themselves, and the government finances give subsidies and bear the ultimate responsibility. However, workers can only enjoy the corresponding social insurance benefits if they fulfill their statutory payment obligations and meet the statutory conditions.