SOCIAL SECURITY REFORM

SPSSR > FAQs > 14. Are there any differences/similarities between the comprehensive social security and retirement reform and the much talked about national health insurance?

Question

14. Are there any differences/similarities between the comprehensive social security and retirement reform and the much talked about national health insurance?  

Answer

Comprehensive social security is linked to National Health Insurance insofar as both of these schemes provide protection against medical costs. Whereas National Health Insurance serves as a medical insurance scheme, social security will provide income support in the event of incapacity due to illness. The tewo schemes complement each other in preventing social reversals in the event of illness or accidental injury of a breadwinner. The two schemes are also likely to be financed in a different way; social security reform will not require higher taxes.
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Created at 3/1/2011 4:31 PM  by Sharvania Pillai 
Last modified at 3/1/2011 4:31 PM  by Sharvania Pillai 




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