Legal analysis: The "Regulations on the Supervision and Administration of the Use of Medical Security Funds" was adopted at the 117th executive meeting of the State Council on December 9, 2020, and is hereby announced and will come into effect on May 1, 2021.
Legal basis: Article 1 of the "Regulations on the Supervision and Administration of the Use of Medical Security Funds" In order to strengthen the supervision and management of the use of medical security funds, ensure the safety of the funds, promote the effective use of the funds, and safeguard the legitimate rights and interests of citizens in medical security, in accordance with the "Regulations of the People's Republic of China and the National Socialist Republic of China"
This Regulation is formulated in accordance with the Insurance Law and other relevant legal provisions.
Article 2 These regulations apply to the use and supervision and management of medical security funds such as the basic medical insurance (including maternity insurance) funds and medical assistance funds within the People’s Republic of China and the country.