In a world where individuals can “Buy insurance online,” the sustainability of pay-as-you-go (PAYGO) social insurance programs is a critical topic for discussion. PAYGO systems, where current workers fund benefits for current retirees through taxes or contributions, are widespread globally. However, demographic shifts, economic changes, and evolving social expectations are putting these systems under scrutiny. … More The Sustainability of Pay-as-you-go Social Insurance Programs: Navigating Future Challenges

In today’s digital age, where individuals can “Buy insurance online,” social insurance plays a pivotal role in shaping economic stability and consumer behavior. Social insurance systems, which include unemployment benefits, health insurance, pensions, and disability insurance, provide a safety net that can influence how people spend their money. This article explores how these systems affect … More The Impact of Social Insurance on Consumer Spending: A Closer Look

In a time where individuals can “Buy insurance online,” the integration of mental health support within social insurance frameworks is becoming increasingly critical. Mental health, often overlooked in traditional insurance models, is now recognized as an essential component of overall well-being, demanding attention within social safety nets. This article examines the role of social insurance … More Social Insurance and Mental Health Support: Safeguarding Well-being in the Digital Age

In an age where individuals can “Buy insurance online” with unprecedented ease, the concept of Universal Basic Income (UBI) has emerged as a revolutionary approach to social insurance. UBI proposes a regular, unconditional cash payment to every citizen, aiming to ensure a basic standard of living and provide economic security in an era of increasing … More The Concept of Universal Basic Income as Social Insurance: Rethinking Economic Security

In an era where individuals can “Buy insurance online,” the intersection of climate change and social insurance is becoming increasingly significant. As global temperatures rise and weather patterns become more unpredictable, social insurance systems, traditionally designed to guard against life’s more predictable risks, are now faced with the daunting task of providing security in the … More Climate Change and Social Insurance: Adapting to a New Normal