Legal analysis: No, newborn medical insurance is a kind of basic medical insurance, which aims at the medical expenses such as hospitalization, treatment and operation of newborns reported by insurance. Children's mutual fund is a non-profit social welfare fund established by the people's government and the administrative department of health. 50% of the children's mutual fund is co-ordinated by parents, and 50% is reimbursed according to regulations. The new children's medical insurance is borne by individuals first, and then reimbursed according to different proportions and reimbursement standards. Newborn medical insurance card and children's mutual fund do not conflict, and they are both effective supplements to children's medical insurance.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 2 The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, industrial injury, unemployment and maternity.

Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be compatible with the level of economic and social development.

Article 4 Employers and individuals who pay social insurance premiums according to law in People's Republic of China (PRC) have the right to inquire about payment records and personal rights and interests records, and ask social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.