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social insurance
noun
: protection of the individual against economic hazards (such as unemployment, old age, or disability) in which the government participates or enforces the participation of employers and affected individuals
Examples of social insurance in a Sentence
Recent Examples on the Web
The model to be studied would be a public-private partnership (PPP), ensuring quality social insurance for FBank customers.
—Miami Herald, 9 July 2024
Leading for now Washington state is by far the furthest along in creating a new long-term care social insurance program, called the WA Cares Fund.
—Marc Cohen, The Conversation, 30 Apr. 2024
The state collects only around 14 percent of GDP in tax revenues (a figure that rises by 4–6 percentage points if other revenues, such as social insurance contributions, are included), well below the Organization for Economic Cooperation and Development average of 34 percent.
—Daniel H. Rosen, Foreign Affairs, 27 Mar. 2024
These problems of funding our major social insurance programs and of medium- and long-term balancing of federal finances as a whole, are not insoluble ones.
—Edward Lotterman, Twin Cities, 26 May 2024
See all Example Sentences for social insurance
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'social insurance.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1890, in the meaning defined above
Dictionary Entries Near social insurance
Cite this Entry
“Social insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/social%20insurance. Accessed 9 Sep. 2024.
Legal Definition
social insurance
noun
: insurance of the individual against certain hazards (as unemployment, old age, and disability) that is undertaken, facilitated, or enforced by government
More from Merriam-Webster on social insurance
Britannica.com: Encyclopedia article about social insurance
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