What are the benefits of maternity insurance

In our daily work, many companies provide five insurances and one fund, including maternity insurance. However, for some young people, who are certainly far from reaching childbearing age, the existence of this kind of insurance makes them very concerned about its role. After all, they can get certain help when they need it. So, what are the benefits of maternity insurance? Let’s take a closer look at the role of maternity insurance.

Let’s first understand the “five insurances and one fund”. The “five insurances” refer to five types of insurance, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance and maternity insurance; the “one fund” refers to the housing provident fund.

What is the use of maternity insurance?

The Trial Measures for Maternity Insurance for Enterprise Employees stipulates:

The proportion of maternity insurance premiums shall be determined by the local people's government based on the number of planned births and maternity allowances, maternity medical expenses and other expenses, and may be adjusted in a timely manner according to the expenditure situation, but shall not exceed one percent of the total salary.

Employees do not pay maternity insurance premiums individually.

What is the use of maternity insurance?

Female employees are entitled to maternity leave in accordance with the provisions of laws and regulations. The maternity allowance during maternity leave is calculated based on the enterprise’s employees’ average monthly salary in the previous year and is paid from the maternity insurance fund.

The examination fees, delivery fees, surgery fees, hospitalization fees and medicine expenses for female employees' childbirth are paid by the maternity insurance fund. Medical service fees and medicine expenses (including the expenses of self-paid medicines and nutritional medicines) that exceed the prescribed amount shall be borne by the employees themselves.

After a female employee is discharged from the hospital after giving birth, the medical expenses for diseases caused by childbirth will be paid by the maternity insurance fund; the medical expenses for other diseases will be handled in accordance with the provisions of medical insurance benefits. After the maternity leave of a female employee expires, if she needs rest and treatment due to illness, the procedure shall be handled in accordance with the relevant provisions on sick leave and medical insurance benefits.

After a female employee gives birth or has an abortion, she or her employer must go to the local social insurance agency with a family planning certificate issued by the local family planning department and a certificate of birth, death or abortion to receive maternity benefits and reimbursement of maternity medical expenses.

The maternity insurance fund is collected, paid and managed by the social insurance agency under the labor department.

I think everyone should have a clear understanding of the benefits of maternity insurance. It can be said that maternity insurance provides us with quite a lot of benefits, especially for women who are more likely to have fertility problems. Once a similar situation occurs, they can get corresponding compensation, which can reduce the pressure we bear, which is quite good.