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Sagot :
All of the above , A form of social welfare known as social insurance offers protection from financial dangers. Public insurance may be offered, or private insurance may be subsidized.
What is social insurance?
- A form of social welfare known as social insurance offers protection from financial dangers. Public insurance may be offered, or private insurance may be subsidized.
- Social insurance's main contribution to economic security is to partially restore lost wages while an individual is off the job due to one of these listed reasons.
- Most public redistribution systems are built on social insurance. The "community rating".
- Social insurance typically bases premiums on a person's financial capacity.
- Social insurance is the basis of the provision of medical care to the poor, elderly, and other vulnerable population groups in the U.S.
- Social insurance requires mandatory participation to be effective.
To learn more about Social insurance refer to:
https://brainly.com/question/6616855
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