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szdaily -> Shenzhen -> 
Medical insurance contributions to be adjusted starting July 1
    2022-06-28  08:53    Shenzhen Daily

THE Shenzhen Municipal Healthcare Security Bureau will adjust the contributions of medical insurance payment starting July 1 based on the salary standard of on-the-job employees in 2021.

In 2021, the average annual salary of on-the-job employees in nonprivate sectors was 155,563 yuan (US$23,272), or 12,964 yuan a month, according to the bureau.

Based on the city’s salary standard, the payment for medical insurance, which is graded at three tiers, will be adjusted accordingly,

In Tier I, the payment for basic medical insurance is calculated on the base of 60% to 300% of the average salary standard of the previous year, or between 7,778 and 38,892 yuan. The payment ratio is 8.2%, in which the employer pays 6.2% and the employee pays 2%.

In Tier II, the payment ratio for basic medical insurance is 0.8% of the average monthly salary in the previous year. The employer shares 0.6%, while the employee shares 0.2%.

In Tier III, the employer pays 0.45% to the standard of the average monthly salary of the previous year and the employee pays 0.1%.

The payments for maternity insurance, solely paid by employers, will also be adjusted according to the salary standard.  (Zhang Yu)

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