Endowment insurance is a social insurance system established in accordance with relevant national laws and regulations to ensure the basic life of workers after retirement. According to the national regulations, the insured person can pay social security 15 years and receive the corresponding amount of pension after retirement.
Medical insurance is a social security system established to compensate the insured for economic losses caused by diseases. After the insured has incurred medical expenses, the medical insurance institution will give the insured certain economic compensation.
To put it simply, medical insurance refers to the basic social medical security, which is used to reimburse the insured for medical treatment; Endowment insurance is the insurance that the insured uses for providing for the aged and receives it after retirement.
Medical insurance is used for reimbursement of medical treatment, and endowment insurance is endowment insurance, which is collected after retirement. Endowment insurance and medical insurance belong to social insurance, and they are also the "five insurances" paid by enterprises for employees.
Endowment insurance is a social insurance system established in accordance with relevant national laws and regulations to ensure the basic life of workers after retirement. According to the national regulations, the insured person can pay social security 15 years and receive the corresponding amount of pension after retirement.
Medical insurance is a social security system established to compensate the insured for economic losses caused by diseases. After the insured has incurred medical expenses, the medical insurance institution will give the insured certain economic compensation.
legal ground
People's Republic of China (PRC) social insurance law
Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.
Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.
Twenty-sixth basic medical insurance for employees, new rural cooperative medical care and basic medical insurance for urban residents shall be implemented in accordance with state regulations.