social insurance

noun

1. any of various forms of insurance in which a government is an insurer, especially such insurance that provides assistance to disabled or unemployed workers and to aged persons.

social insurance

noun

1. government insurance providing coverage for the unemployed, the injured, the old, etc: usually financed by contributions from employers and employees, as well as general government revenue See also social security national insurance social assistance

Word History and Origins

Origin of social insurance¹

First recorded in 1915–20

Example Sentences

Democrats want to expand the welfare state so that our social insurance system would look more like Europe’s.

From Salon

Supporters of the long-term care program, a form of social insurance similar to Social Security, say that making the 0.58% payroll tax optional would in effect kill the program, known as WA Cares.

From Seattle Times

The report outlines how social insurance coverage is low among gig workers globally.

From Seattle Times

Failure to lift the ceiling could see the US suspend its social insurance payments and the salaries of federal and military employees.

From BBC

Options under consideration in Japan include selling more government bonds, which means increasing its debt, raising its sales tax or increasing social insurance premiums.

From BBC

Related Words

• social security