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What is another word for social insurance?

Pronunciation: [sˈə͡ʊʃə͡l ɪnʃˈʊ͡əɹəns] (IPA)

Social insurance is the idea of providing financial protection to individuals in times of need or hardship. While commonly referred to as social insurance, there are synonyms that may describe this type of protection more accurately. These include public social security, national welfare programs, government-funded healthcare, community assistance, and state-sponsored benefits. Each of these terms suggests a slightly different focus, from protecting individual citizens to promoting communal well-being. Regardless of the phrasing, social insurance initiatives aim to provide a safety net and support system to those who may otherwise struggle to make ends meet.
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Synonyms for Social insurance:

What are the hypernyms for Social insurance?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Social insurance?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Social insurance

  • Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.
    Jeff Bingaman
  • The major economic policy challenges facing the nation today - pick your favorites among the usual suspects of low public and household savings, concerns about educational quality and achievement, high and rising income inequality, the large imbalances between our social insurance commitments and resources - are not about monetary policy.
    Timothy Geithner
  • The trade union movement represents the organized economic power of the workers... It is in reality the most potent and the most direct social insurance the workers can establish.
    Samuel Gompers
  • Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).
    Paul Krugman
  • We must work to stabilize Social Security. We must not gamble with our nation's social insurance program, one of our most popular and effective federal programs that has remained dependable and stable for the past 70 years.
    Grace Napolitano

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