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Medical Insurance Fund Overview of the Medical Insurance Fund

Medical insurance is one of the five major types of social security insurance in my country. The medical insurance fund refers to the collection of medical insurance premiums paid by enterprises, institutions, agencies, groups or individuals participating in medical insurance in a predetermined proportion through laws or contracts. It is a monetary fund formed to provide basic medical security for the insured. The collection and management of medical insurance funds are mandatory and not for profit.

The tasks of fund financial management are: conscientiously implement relevant national laws, regulations and policies, raise and use funds rationally; establish and improve financial management systems, organize and implement fund planning, accounting, analysis and assessment work, and truthfully reflect fund income and expenditure status;

Strictly abide by financial disciplines, strengthen supervision and inspection, and ensure the safety of funds.