Refers to the remaining portion of the medical insurance premiums paid by all employers in a certain coordinated area for their employees after deducting and transferring them to personal accounts.
The overall fund includes: the remainder after deducting the total payment of all insured units in the coordinated area and crediting it to individual accounts; financial subsidies; social donations; bank interest; late payment fees, etc.
The medical insurance pooling fund belongs to all insured persons and is stored and used exclusively for special purposes. No unit or individual may misappropriate it.
The overall fund is mainly used for: hospitalization of insured persons, emergency rescue in non-designated hospitals, off-site referral (hospital), off-site placement, special disease outpatient services and other medical expenses.
Legal basis: "Social Insurance Law of the People's Republic of China" Article 64 Social insurance funds include basic pension insurance funds, basic medical insurance funds, work-related injury insurance funds, unemployment insurance funds and maternity insurance fund. Except for the basic medical insurance fund and maternity insurance fund, which are jointly established and accounted for, other social insurance funds are accounted for and accounted for separately according to the types of social insurance insurance. Social insurance funds implement the unified national accounting system. Social insurance funds are earmarked for exclusive use and may not be misappropriated or misappropriated by any organization or individual. Basic pension insurance funds will gradually implement national pooling, and other social insurance funds will gradually implement provincial pooling. The specific time and steps will be stipulated by the State Council.