Foundations and Evolution of Social Insurance Programs: From Principles to sustainability

Abstract

Social insurance programs play a crucial role in providing protection and support to individuals against various risks such as unemployment, illness, disability, and old age. This chapter explores the fundamental principles that guide social insurance programs, including universality, redistribution, solidarity, and sustainability. It also delves into the historical development and evolution of social insurance, highlighting how these programs have expanded to address the changing social and economic needs of populations around the world. The chapter also discusses the challenges of ensuring the long-term sustainability of social insurance systems and the different types of insured persons and benefits provided by these programs.