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What does medical insurance account mean?

account of reimbursement amount of medical insurance fund.

a system developed on the basis of the personal account reform of medical insurance for employees at the provincial level. The establishment of medical insurance account aims to improve the efficiency of medical insurance fund and the medical experience of individual insured persons. When medical institutions seek medical treatment and incur medical expenses, the medical insurance foundation will directly pay part of the expenses to the medical institutions according to the prescribed reimbursement ratio, and deduct the rest from the medical insurance account. Real-time use of medical insurance funds through medical insurance account.