The Ministry of Finance has issued a document to standardize the accounting of medical security funds.
Journalists learned that in order to further standardize the accounting of medical security funds and strengthen the management of medical security funds, the Ministry of Finance has issued the "Supplementary Provisions on the Accounting System of Social Insurance Funds" which will officially take effect on January 1, 2026. It is reported that as early as 2017, the Ministry of Finance issued the "Accounting System of Social Insurance Funds". Since its release, this system has played a positive role in standardizing the accounting of social insurance funds, strengthening the management of social insurance funds, and safeguarding the safety of social insurance funds. The main contents of this "Supplementary Provisions" include: clarifying that the long-term care insurance fund and the urban and rural medical assistance fund will refer to the "Accounting System of Social Insurance Funds"; adding relevant accounting items and their usage instructions; specifying the reporting format and compilation requirements for the "income and expenditure statement" of the long-term care insurance fund, as well as the reporting requirements for the "major illness insurance expenses" item in the urban and rural resident medical insurance fund; clarifying the requirements for the connection between old and new systems of urban and rural resident medical insurance funds.
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