"Social insurance is a form of social welfare that provides insurance against economic risks."
Social insurance is a system of government programs that provide income support in the event of unemployment, disability, or retirement. Public economics examines the design of social insurance programs and their impact on labor market outcomes.
Social Security: This program provides retirement, disability, and survivor benefits to eligible individuals. It is funded through payroll taxes and is administered by the federal government.
Medicare: This program provides health insurance coverage to eligible individuals who are over 65 or have certain disabilities. It is funded through payroll taxes and is administered by the federal government.
Medicaid: This program provides health insurance coverage to eligible low-income individuals and families. It is funded jointly by the federal government and states and is administered by the states.
Unemployment insurance: This program provides temporary financial assistance to eligible individuals who have lost their jobs through no fault of their own. It is funded through payroll taxes and is administered by the states.
Workers' compensation: This program provides benefits to employees who are injured on the job or suffer from work-related illnesses. It is funded by employers and is administered by the states.
Disability insurance: This program provides financial assistance to eligible individuals who are unable to work due to a disability. It is funded through payroll taxes and is administered by the federal government.
Supplemental Security Income (SSI): This program provides financial assistance to eligible low-income individuals who are aged, blind, or disabled. It is funded by general tax revenues and is administered by the federal government.
Social insurance financing: This topic covers how social insurance programs are funded and how the costs are distributed among workers, employers, and taxpayers.
Social insurance eligibility: This topic covers the criteria that individuals must meet in order to receive benefits from social insurance programs.
Social insurance administration: This topic covers how social insurance programs are administered, including the role of government agencies, eligibility determinations, and appeals processes.
Social insurance and income inequality: This topic covers how social insurance programs can help to reduce income inequality by providing a safety net for low-income individuals and families.
Social insurance and economic mobility: This topic covers how social insurance programs can promote economic mobility by providing financial assistance to individuals during times of need.
Social insurance and labor markets: This topic covers how social insurance programs can affect labor market behavior by providing incentives for workers to stay in or leave the workforce.
Social insurance and retirement: This topic covers how social insurance programs can affect retirement behavior by providing financial incentives to retire at certain ages.
Social insurance and health outcomes: This topic covers how social insurance programs can affect health outcomes by providing access to healthcare services for eligible individuals.
Social Security: A government-run program that provides retired workers and their dependents with a monthly income. It is funded by payroll taxes.
Unemployment Insurance: A benefit paid to workers who have lost their jobs through no fault of their own. It is funded by employers' payroll taxes.
Medicare: A government-run health insurance program that provides coverage for individuals over the age of 65 and those with certain disabilities.
Medicaid: A joint federal-state program that helps low-income individuals and families pay for medical care.
Workers' Compensation: A program that provides benefits to workers who are injured or become ill due to their job.
Disability Insurance: A program that provides benefits to individuals who become disabled before retirement age and are unable to work.
Supplemental Security Income (SSI): A program that provides financial assistance to low-income individuals who are elderly, blind, or disabled.
Temporary Assistance for Needy Families (TANF): A program that provides cash assistance and other support services to low-income families with children.
Food Stamps/SNAP: A program that provides food assistance to low-income individuals and families.
Housing Assistance: A program that provides assistance to low-income individuals and families to help them afford safe and decent housing.
"The insurance may be provided publicly or through the subsidizing of private insurance."
"Individuals' claims are partly dependent on their contributions, which can be considered insurance premiums."
"To create a common fund out of which the individuals are then paid benefits in the future."
"Types of social insurance include: Public health insurance, Social Security, Public Unemployment Insurance, Public auto insurance, Universal parental leave."
"Social insurance differs from other forms of social assistance as individuals' claims are partly dependent on their contributions rather than solely based on need."
"Public health insurance is considered a type of social insurance."
"Social Security is a form of social insurance that provides insurance against economic risks related to retirement, disability, and survivor benefits."
"Public Unemployment Insurance is a type of social insurance that offers protection against economic risks associated with involuntary job loss."
"Public auto insurance is a type of social insurance that provides insurance against economic risks related to auto accidents."
"Universal parental leave is included as a type of social insurance to provide insurance against economic risks associated with taking time off work for parenting."
"In contrast to other forms of social assistance, individuals' claims in social insurance are partly dependent on their contributions."
"Individuals' contributions can be considered insurance premiums that help create a common fund for paying future benefits."
"Yes, social insurance can be provided through the subsidizing of private insurance."
"Yes, both public health insurance and Social Security are considered types of social insurance."
"No, social insurance takes into account individuals' contributions as a factor for determining benefits."
"Public Unemployment Insurance is part of the social insurance system and provides benefits based on the individual's contributions, unlike general unemployment assistance programs."
"Public auto insurance is a social insurance program that covers economic risks related to auto accidents."
"Universal parental leave is included to provide insurance against economic risks associated with taking time off work for parenting."
"No, individuals contribute to social insurance premiums in order to create a common fund out of which benefits are paid to them in the future."