How do Singapore, Northern Europe and Japan carry out comprehensive accounts and personal accounts for medical insurance and pension?

1. First of all, the central provident fund (CPF) is the core of Singapore's medical insurance and pension system. Provident fund is not only a national comprehensive account, but also a personal account. The central provident fund is mainly paid by employers and employees and is mandatory. Personal accounts are used for personal retirement savings, and national comprehensive accounts are used for public welfare such as medical insurance, housing loans and education savings.

2. Secondly, Northern Europe has almost achieved full coverage of universal medical insurance and social welfare. Individual accounts are mainly paid by individuals, and national comprehensive accounts are jointly invested by the state and employers. At the same time, some public welfare and medical insurance are funded by taxes, and those who receive these benefits can enjoy a personal account system based on individuals and covering the whole family.

3. Finally, the Japanese medical insurance and pension system is divided into two accounts, one is the social insurance account paid for employees and enterprises, and the other is the resident basic account, which is jointly invested by the local government and the state. Resident basic account is mainly used for residents' medical insurance and pension system, and it is a comprehensive account for the whole people. Personal account is personal savings related to social insurance plan, which is mainly used to supplement some insurance expenses.