no.

fund payment usually refers to overall fund payment, which means that all units' medical insurance contributions are put into a public fund part, which is not recorded in personal accounts. The overall fund payment refers to using the funds in the overall account to pay the related medical expenses of the insured. The use of the overall fund payment should comply with the local medical insurance policy, including the hospitals and medical institutions, the scope of reimbursement, the deductible line and the proportion.

medical insurance is one of the five major types of social security in China. The medical insurance fund refers to a monetary fund that is collected by enterprises, institutions, organizations or individuals participating in medical insurance in the form of law or contract and pays a specified amount of medical insurance premiums in advance, which provides basic medical insurance for the insured. The collection and management of the medical insurance fund is mandatory.