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 More than a tenth of all strikes, sit-ins and protests recorded by CLB in 2018 and 2019 involved rows over pensions and social insurance. The Economist, "The migrants who made China an industrial giant face a grim retirement," 30 Nov. 2019 State action is critical to address issues like financial crises and growing inequality, or to dismantle enduring inequities such as caste and racial hierarchies, or to provide social insurance and welfare in a changing economy. K. Sabeel Rahman, Washington Post, "In a healthy democracy, power starts at the top — and the bottom," 25 Oct. 2019 Moreover, it is tied up in retirement savings as well as varying degrees of social insurance. The Economist, "Millions of millionaires," 22 Oct. 2019 Unlike full-time employed workers, dispatch workers do not receive paid sick leave and social insurance for medical expenses, CLW said. Dalvin Brown, USA TODAY, "iPhone 11: Apple denies breaking labor laws in China on the heels of watchdog report," 9 Sep. 2019 In addition to the tens of millions of credit card applications stolen, the company said on Monday, the breach compromised one million Canadian social insurance numbers — the equivalent of Social Security numbers for Americans. Emily Flitter, New York Times, "Capital One Data Breach Affects 100 Million; Woman Charged as Hacker," 29 July 2019 His problem with the Sanders/Warren Medicare for All proposals seema to be a) replacing commercial insurance with social insurance is undesirable, and b) reimbursements for hospitals and doctors would be substandard. Letter Writers, Twin Cities, "Letters: This Minnesota rule discriminates against women," 16 Aug. 2019 Capital One’s press release also claims that 140,000 US Social Security numbers, 80,000 bank account numbers, and 1 million Canadian social insurance numbers were also compromised. Ashley Carman, The Verge, "The New York Attorney General’s Office will investigate the Capital One data breach," 30 July 2019 About 1 million social insurance numbers of the company’s Canadian credit card customers were also compromised. Reuters, The Mercury News, "Capital One: Hacker got info on 100 million in the US, 6 million in Canada," 29 July 2019

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.

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First Known Use of social insurance

1890, in the meaning defined above

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Time Traveler for social insurance

Time Traveler

The first known use of social insurance was in 1890

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Statistics for social insurance

Last Updated

12 Jan 2020

Cite this Entry

“Social insurance.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/social%20insurance. Accessed 25 Feb. 2020.

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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

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