In recent years, the overall management of medical insurance funds in China has been improved, but there are still certain weak points in the supervision of grassroots medical insurance funds. Zhuji City of Zhejiang Province has fully exploited its advantage as the birthplace of the "Fengqiao Experience", integrated "Fengqiao Experience" in the new era with the supervision of grassroots medical insurance funds, explored, implemented a comprehensive governance model of "Fengqiao-style" medical insurance fund supervision, encompassing "one grid system, three Fengqiao teams, four working mechanisms, eight tasks", effectively enhancing the supervision efficiency of grassroots medical insurance funds. Based on the experience of Zhuji City, the logic of "Fengqiao Experience" contributes to the supervision of grassroots medical insurance funds in the new era can be summarized as follows: the leadership of the Communist Party of China is the core, the grassroots foundation is the support, digital empowerment is the knob, prevention, control from the source is the key, co-governance, sharing is the goal