The medical insurance fund refers to the special funds for basic medical insurance for employees raised by medical insurance agencies from units and individuals to ensure basic medical care for employees. The basic medical insurance fund includes two parts: social pooling fund and individual account, which are paid by employers and individual employees in a fixed proportion.

The role of the basic medical insurance fund:

The basic medical insurance pooling fund is the basic medical insurance premium paid by the employer, and the remaining funds and interest income after deducting the part transferred to the personal account are the basic medical insurance pooling fund. The purpose of setting up the basic medical insurance pooling fund is to help and share the disease risks among social groups in a certain area, solve the medical expenses of employees when they are seriously ill, embody the principle of social equity, and help reduce the social burden of enterprises.