Xianning will halve employers' contributions to the basic medical insurance scheme for five months to help them resume work while freeing the enterprises in Xianning with 84.1083 million yuan, according to Xianning Municipal Medical Insurance Bureau on March 21st.

 Various employing units which participate in basic medical insurance in Xianning(excluding government and public institutions registered as legal persons in the establishment and management department) will see their medical insurance contributions (excluding maternity insurance) halved, starting from Feb 1st, 2020 to June 30, 2020, according to “the notice on reducing employers' contributions to the basic medical insurance premiums, issued by Xianning Municipal Medical Insurance Bureau, Xianning Municipal Finance Bureau, Xianning Municipal Taxation Bureau of State Taxation Bureau” .

The policy in delaying payment of basic medical insurance, critical illness insurance and maternity insurance for enterprises will remain in place, and the time limit for delaying payment shall not exceed 6 months in principle, with overdue fees exempted during the period, when the current income of the insured persons will not be affected.  

The employers which have paid the basic medical insurance premiums at the normal rate within the period will receive the refund in line with the relevant regulations.

The "notice" requires that it is necessary to strengthen fund management, rationally adjusting the fund budget for 2020 and enhancing statistical monitoring to track and analyze the operation of the social insurance fund, so as to take practical and effective measures to control the risk of fund operation.  It is important to perfect the handling management service and optimize the handling process to ease the burden of employers, according to the “notice”. (By Wang Tian/Xianning Daily)