Social insurance
From The Art and Popular Culture Encyclopedia
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Social insurance is any government-sponsored program with the following four characteristics:
- the benefits, eligibility requirements and other aspects of the program are defined by statute;
- explicit provision is made to account for the income and expenses (often through a trust fund);
- it is funded by taxes or premiums paid by (or on behalf of) participants (but additional sources of funding may be provided as well); and
- the program serves a defined population, and participation is either compulsory or so heavily subsidized that most eligible individuals choose to participate.
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See also
- Generational accounting
- Right to health
- Social Insurance Number (Canada)
- Social security
- Social Security (United States)
- Social Security (Sweden)
- Social Security (Australia)
- Social Security Disability Insurance (United States)
- Social health insurance
- Social Protection
- Social Protection Floor
- Social safety net
- Social welfare provision
- Universal health care
- Welfare state
- Welfare culture
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