What is the relationship between commercial health insurance and social insurance?
Social insurance is a kind of security system established by the state to make citizens get compensation and help in the case of old age, illness, unemployment, work injury, maternity and other incapacity. It is mandatory, and the premium is reasonably borne by individuals, enterprises and governments. Its purpose is to ensure the basic livelihood of workers and maintain social stability. The main form of commercial health insurance is that according to the contract, the insurance company shall bear the responsibility of paying insurance money when the insured dies, is disabled or sick or reaches the agreed age and time limit. The insured will take out insurance voluntarily, and the individual will pay the insurance premium to the insurance company. Social insurance has the advantages of wide coverage, unlimited insured population, relatively low premium and low compensation threshold. But there are also some shortcomings. First, the level of social insurance protection is low. The payment standard of social insurance is based on ensuring the basic life of the insured, which is far from enough for the insured who pursues a high-quality life. Secondly, the types and functions of social insurance are single, based on the principle of "social equity", which cannot meet the different requirements of all social strata. Commercial health insurance provides customers with more choices by designing different rates and different products. In short, social insurance focuses on protection, and commercial health insurance focuses on compensation. The two go their own ways and complement each other. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China
What's the difference between commercial health insurance and social insurance?
1. Commercial health insurance is a kind of commercial operation, in which insurance operators conduct independent accounting, operate independently and assume sole responsibility for their own profits and losses, while social insurance is an integral part of the national social security system, backed by state financial support.
2. Commercial health insurance is based on the principle of equality and voluntariness. Whether to establish an insurance relationship is entirely up to the insured, and social insurance is compulsory. All citizens or workers who meet the statutory conditions pay insurance premiums and get protection, which is directly stipulated by national legislation.
3. The coverage of commercial health insurance shall be determined by the insured, the insured and the insurance company through consultation. Under different insurance contracts, the coverage and level of the insured are different; The scope of social insurance is stipulated by the state in advance, and the scope of protection is strictly limited by laws and regulations.
The above is the introduction of "commercial health insurance and social insurance", and I hope it will help everyone.