social insurance group of answer choices is the basis for most government redistribution programs. is usually community-rated with premiums based on ability to pay. is the basis of the provision of medical care to the poor, elderly, and other vulnerable population groups in the u.s. requires mandatory participation to be effective. all of the above.

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04-11-2022
Business

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social insurance group of answer choices is the basis for most government redistribution programs. is usually community-rated with premiums based on ability to pay. is the basis of the provision of medical care to the poor, elderly, and other vulnerable population groups in the u.s. requires mandatory participation to be effective. all of the above.

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BinithaR BinithaR · Answer 1 · 2022-11-08T00:52:54-05:00

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.

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