What are the rates for workers' compensation insurance and medical insurance?

The rates for work injury insurance are different because the industries are different, and the use of work injury insurance premiums and the incidence of work injuries are also different. The social insurance administrative department of the State Council shall determine the different rates for different industries according to the degree of risk of work-related injuries in the different industries, and announce the rates after submitting them to the State Council for approval.

Legal basis

Article 8 of the Regulations on Work-Related Injury Insurance

Work-related injury insurance premiums shall be determined in accordance with the principle of determining the amount to be paid and the balance of income and expenditure.

The State determines the differential rates for different industries according to the degree of risk of work-related injuries in those industries, and establishes a number of rates within each industry based on the use of work-related injury insurance premiums, the incidence of work-related injuries, and other circumstances. The differentiated rates for the industries and the rate brackets within the industries shall be formulated by the social insurance administrative department of the State Council and reported to the State Council for approval before they are announced and put into effect.

Article 9

The social insurance administrative department of the State Council shall regularly understand the income and expenditure of the industrial injury insurance fund of each integrated area of the country, and propose timely adjustments to the industry-differentiated rates and intra-industry rate grades, and report them to the State Council for approval before promulgating them for implementation.

Article 10

Employers shall pay work-related injury insurance premiums on time. Individual employees shall not pay work-related injury insurance premiums.

The amount of work-related injury insurance premiums to be paid by an employer shall be the product of the total wages of the employees of the employer multiplied by the contribution rate of the employer.

In industries where it is difficult to pay work-related injury insurance premiums according to the total wages, the specific ways of paying work-related injury insurance premiums shall be stipulated by the social insurance administrative department of the State Council.