Medical fund refers to a fund jointly invested and managed by individuals and the government, which is specially used to pay medical and health insurance fees and aims to improve the level of national health security and the quality of medical services. The establishment of medical fund is of great significance to weaken the pressure of personal medical expenditure, reduce the burden of medical expenses, and enable some poor families to obtain timely and effective medical care and health protection.

Medical fund management generally adopts "socialized management" mode, which is operated and managed by professional institutions or social groups throughout the process to ensure the transparent and controllable use of funds. At the same time, the operating mechanism of the medical fund adopts two ways: budget management and investment operation, and comprehensively supervises and audits the use of medical expenses to ensure the rationality and efficiency of the use of funds.

Medical fund is an important part of China's medical and health system, which will provide a more perfect, fair and sustainable medical security system for the whole people. In the future, the medical fund will be further promoted, the coverage will be expanded, the level of security will be improved, and the goal of universal health security will be achieved. At the same time, strengthen the supervision of medical expenses, protect the legitimate rights and interests of consumers, and promote the overall upgrading of the medical service industry.