social insurance

noun

Definition of social insurance

: 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 task force, which disagreed on a lot, unanimously supported a universal social insurance program implemented and managed by the Colorado Department of Labor and Employment. Joe Rubino, The Denver Post, "Small businesses in Colorado eye paid family leave warily, but is it justified?," 15 Mar. 2020 The first state social insurance program for long-term care was recently initiated in Washington. Jasmine L. Travers, STAT, "We need long-term solutions for older Americans’ long-term care," 28 Dec. 2020 The study has an 87% confidence rate that a social insurance option funded by a 0.71% premium charged on employees’ wages to be solvent. Joe Rubino, The Denver Post, "Small businesses in Colorado eye paid family leave warily, but is it justified?," 15 Mar. 2020 Advocates for Social Security and other social insurance programs never let their guard down against threats to the programs and their beneficiaries. Michael Hiltzik, Los Angeles Times, "Column: Is Joe Biden secretly planning to cut your Social Security?," 3 Dec. 2020 From 1997 to 2016, Mexico’s hourly compensation costs -- salary, social insurance and labor taxes -- in the manufacturing sector held steady at about one-tenth the U.S. figure, according to a Conference Board database. David J. Lynch, Washington Post, "Trump’s Carrier deal fades as economic reality intervenes," 26 Oct. 2020 Unemployment benefits are basically a form of social insurance. Kwame Anthony Appiah, New York Times, "I Used a Sperm Donor. Should I Introduce My Daughter to Her Half Siblings?," 20 Oct. 2020 Washington state has created the nation’s first long-term care social insurance program. Ai-jen Poo, The New York Review of Books, "Who Cares? Now, All of Us Must," 27 May 2020 The German government has expanded the program to include contract workers and cover social insurance contributions. Carolynn Look, Bloomberg.com, "Explaining Kurzarbeit, or Saving Jobs the German Way," 3 Apr. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'social insurance.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of social insurance

1890, in the meaning defined above

Keep scrolling for more

Learn More about social insurance

Time Traveler for social insurance

Time Traveler

The first known use of social insurance was in 1890

See more words from the same year

Statistics for social insurance

Last Updated

3 Mar 2021

Cite this Entry

“Social insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/social%20insurance. Accessed 6 Mar. 2021.

Style: MLA
MLA Chicago APA Merriam-Webster

Keep scrolling for more

More Definitions for social insurance

social insurance

noun

Legal Definition of social insurance

: 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

Comments on social insurance

What made you want to look up social insurance? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

Who Knew?

True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
 AlphaBear 2

Spell words. Make bears.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!