Can I withdraw the money from the medical insurance card?
The money in the medical insurance card cannot be withdrawn, but can only be used to buy medicine in designated hospitals and pharmacies. But in the following three cases, the money in the medical insurance card can be withdrawn and used:
1, the use of medical insurance card is terminated;
2. The insured emigrates;
3. Transfer in different places.
As can be seen from the above, the money in the medical insurance card has interest, whether it is a personal account of medical insurance or a financial account of medical insurance card, it has interest. As for how to calculate the interest rate, the personal account of medical insurance bears interest according to the deposit rate of the bank in the same period every year, and the personal account of basic medical insurance pays interest quarterly.
Legal basis:
People's Republic of China (PRC) social insurance law
Article 23
Employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.
Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.
Article 26
The basic medical insurance for employees, the new rural cooperative medical system and the basic medical insurance for urban residents shall be implemented in accordance with state regulations.