Medical Risk Fund Scope of Use

Medical risk fund is a policy, medical risk fund can be withdrawn in accordance with the provisions of the China Securities Regulatory Commission documents: the balance of the open-ended, closed-end securities investment funds managed by the fund management company can no longer be withdrawn when the total net asset value of the fund 1%. Custodian bank according to the custodian of the net asset value of each securities investment fund for the withdrawal of the base, the balance of more than 1% can no longer be withdrawn. In the event of a pre-tax loss of the company, the full amount of the investment income of the general risk reserve shall be included in the management of the general risk reserve. If the company incurs a loss on the investment of the risk reserve, the company should reduce the balance of the general risk reserve by the amount of the loss. His accounting entries, for debit: health care expenditures - withdrawal of medical risk fund, credit: special fund - medical risk fund.

How long does it take for health insurance to take effect

1. Employee health insurance is effective the following month when purchased in the same month.

2. Resident medical insurance is purchased in September-November of each year and takes effect on January 1 of the following year. If you buy it consecutively, it will be valid forever.

3. There is a 3-month waiting period if you miss the above purchase time.

Medical insurance is generally referred to as basic medical insurance, which is a social insurance system established to compensate workers for the economic losses caused by the risk of illness. Through the employer and individual contributions, the establishment of a medical insurance fund, the insured person sick visit medical expenses incurred by the medical insurance organization to give them a certain amount of economic compensation.

The establishment and implementation of the basic medical insurance system gathers the economic strength of the unit and members of the community, coupled with the government's financial support, can make the sick members of the community from the community to obtain the necessary material help to reduce the burden of medical expenses.

Medical insurance is a kind of insurance to compensate for the medical expenses caused by illness. Employees due to illness, injury, maternity, social insurance by society or enterprises to provide the necessary medical services or material help. Such as China's public medical care and labor insurance medical care. In the future, the medical expenses of Chinese workers will be borne by the state, the organization and the individual **** together, in order to reduce the burden on enterprises and avoid waste.

Legal basis:

Article 28 of the Social Insurance Law of the People's Republic of China*** and the People's Republic of China states that medical expenses in line with the basic medical insurance drug catalog, diagnostic and therapeutic items, medical service facility standards, as well as those for emergency and rescue, shall be paid out of the basic medical insurance fund in accordance with state regulations.