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Can the industrial injury insurance fund achieve provincial overall planning by the end of 2020?
Recently, Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued the Guiding Opinions on Provincial Overall Planning of Work-related Injury Insurance Funds, requiring that provincial overall planning of work-related injury insurance funds be fully realized by the end of 2020.

The "Opinions" clarify that all provinces (autonomous regions and municipalities) should unify the scope and objects of insurance coverage, rate policies and payment standards, work injury identification and labor ability appraisal methods, treatment payment standards, handling procedures and information systems. On this basis, where conditions permit, unified fund collection and expenditure management should be implemented.

Other places can also set up provincial adjustment funds, which will be transferred to the provincial social security fund financial accounts for centralized management by the city (prefecture) according to certain rules and proportions, so as to adjust and solve the expenditure gap of the industrial injury insurance funds of the cities (prefectures).

Who knows the future?