What is the meaning of the coordinated fund of medical insurance

Medical insurance fund refers to the remaining part of the medical insurance premiums paid by all the employers for the employees in a certain coordinated area, after deducting the part transferred to the individual account. The medical insurance fund belongs to all participants, and is centrally managed by the social insurance agency for unified transfer and use, and is mainly used to pay for the medical, surgical, nursing, and basic examination fees incurred by the insured workers. The medical insurance fund shall be stored and used exclusively for the purpose, and shall not be misappropriated by any unit or individual.

Precautions related to the use of the medical insurance card:

1. The medical insurance card should be kept in a safe place, and should not be bent, folded, scratched, and should not be exposed to magnetic objects (e.g., televisions, stereos, and magnetic clasps, etc.).

2. The Medical Insurance Card is for the sole use of the insured person and may not be lent, fraudulently used, altered or forged.

3. If the Medical Insurance Card cannot be used due to equipment failure of the designated medical institution or designated pharmacy, the medical fee will be paid by the individual in cash first, and then re-settled according to the regulations at the original medical institution or pharmacy where the equipment failure occurred after the failure is eliminated.

4, the participant because of foreign (out of the country) settlement and cancellation of the city's household registration, health insurance relations out of the city, death and other termination of the health insurance relationship, the participant or his family should be returned to the city, district and county health care centers or service points cancellation of the "medical card".