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Why is medical insurance capped?

medical insurance cap line

refers to the upper limit of medical expenses that can be paid by the overall medical fund, that is, the "cap line" of the payment scope of the overall medical fund;

medical insurance deductible line

refers to the deductible standard of the overall medical fund, and the amount of medical expenses that must be borne by individuals according to regulations before the overall medical fund payment, which is also commonly referred to as the "threshold" for entering the overall medical fund payment.

medical insurance

means that through national legislation, according to the principle of compulsory social insurance, the basic medical insurance premium should be paid in full and on time by the employer and individual employees. If it is not paid in full and on time, regardless of individual account, the basic medical insurance fund will not pay its medical expenses.

medical insurance is an insurance to compensate the medical expenses caused by diseases. Social insurance in which employees are provided with necessary medical services or material assistance by society or enterprises due to illness, injury or childbirth. Such as free medical care and labor insurance medical care in China. The medical expenses of employees in China are shared by the state, units and individuals, so as to reduce the burden on enterprises and avoid waste. The insurance liability accident requires treatment, and the insurance premium is paid in proportion.

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