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What is the basic medical insurance fund?
The medical insurance fund refers to the special funds for basic medical insurance for employees raised by medical insurance agencies from units and individuals to ensure basic medical care for employees. The basic medical insurance fund includes two parts: social pooling fund and individual account, which are paid by employers and individual employees according to a certain proportion.

Medical insurance is one of the five social security in China. Medical insurance fund refers to the proportion determined in advance by enterprises, institutions, organizations or individuals participating in medical insurance in the form of law or contract.

Monetary funds raised by paying a certain amount of medical insurance premiums to provide basic medical insurance for the insured. The collection and management of medical insurance funds is mandatory and not for profit.

The tasks of fund financial management are: conscientiously implementing relevant national laws, regulations and policies, and rationally raising and using funds; Establish and improve the financial management system, organize the implementation of fund planning, accounting, analysis and assessment, and truthfully reflect the income and expenditure of the fund; Strictly abide by financial discipline, strengthen supervision and inspection, and ensure the safety of funds.