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What is the cost of social assistance fund for road traffic accidents?
The source of social assistance fund for road traffic accidents is to extract a certain proportion from the compulsory liability insurance premium paid by motor vehicle owners, and the local government gives certain subsidies, mainly according to the business tax paid by insurance companies in operating compulsory insurance; Obtained from fines, mainly for car owners who have not purchased compulsory insurance according to regulations.

legal ground

Article 17 of the Road Traffic Safety Law of the People's Republic of China

The state implements a compulsory motor vehicle third-party liability insurance system and establishes a social assistance fund for road traffic accidents. Specific measures shall be formulated by the State Council.

Article 75

Medical institutions shall promptly rescue the injured in traffic accidents, and shall not delay the treatment because the rescue expenses are not paid in time. If the vehicle involved in the accident participates in compulsory motor vehicle third-party liability insurance, the insurance company shall pay the rescue expenses within the liability limit; Rescue expenses exceed the liability limit, and did not participate in compulsory motor vehicle third-party liability insurance or escape after the accident, the road traffic accident social assistance fund shall advance part or all of the rescue expenses, and the road traffic accident social assistance fund management institution has the right to recover from the person responsible for the traffic accident.