After taking out medical insurance, when the insured falls ill or has an accident, the insurance company needs to compensate the insured with a corresponding proportion of insurance money according to the agreement.
The main object of health insurance such as sickness insurance is the insured with serious diseases. The insured pays the insurance premium in advance. If a serious illness occurs during the insurance period, the insurance company must pay the insurance amount in one lump sum. Usually, this kind of policy covers a large amount.
Health insurance is actually an insurance with the health of the insured as the target. Like common critical illness insurance and medical insurance, it is a kind of health insurance.
However, many people will confuse critical illness insurance with millions of medical insurance. Let me tell you the difference between million medical insurance and critical illness insurance. First of all, critical illness insurance is a fixed amount of compensation for the diagnosed diseases, and some diseases it guarantees must be treated or meet the conditions agreed in the contract before they can be paid. The amount of compensation is subject to the insurance amount agreed in the contract, which has nothing to do with the treatment cost and is based on the payment insurance. Moreover, whether you use this insurance money for treatment or for other purposes is beyond the control of the insurance company. The most important function of critical illness insurance is to prevent families from getting sick because of financial support and income interruption, which leads to family economic crisis. Critical illness insurance is also one of the most complicated restrictions in health insurance. Because of this, China Insurance Association has unified the definition of major diseases.
Long-term care insurance refers to the insurance that pays the expenses incurred by individuals who cannot take care of themselves due to old age, illness or disability and need to be accompanied by a special person at home or a nursing home. Long-term care insurance belongs to the category of health insurance, and the subject matter is personal health. Usually the nursing period is long, which may be half a year, one year, several years or even more than ten years. The significance of nursing is to maintain the individual's physical function for as long as possible, rather than taking cure as the main purpose. Long-term care insurance can be used as economic compensation for nursing expenses.
Long-term care insurance mainly covers the daily care expenses of the elderly or caused by illness or disability. Generally divided into home care and institutional care. The difference between medical insurance and medical insurance is that medical insurance mainly guarantees the expenses needed for medical treatment, while long-term care insurance is mainly used to guarantee the expenses paid for general life care, generally excluding medical intervention.
3. In May, 2020, the Guiding Opinions on Expanding the Pilot of Long-term Care Insurance System (Draft for Comment) issued by the National Health Insurance Bureau proposed to expand the scope of the pilot. On the basis of the original 15 pilot cities, it is planned to expand the pilot scope to 29 cities according to the principle of each province 1 pilot city, with a pilot period of two years. In September, with the consent of the State Council, the National Medical Insurance Bureau and the Ministry of Finance issued the Guiding Opinions on Expanding the Pilot Long-term Care Insurance System, and the number of pilot cities for long-term care insurance increased to 49.