Social health insurance

“Social Health Insurance (SHI) is a form of financing and managing health care based on risk pooling. SHI pools both the health risks of the people on one hand, and the contributions of individuals, households, enterprises, and the government on the other. Thus, it protects people against financial and health burden and is a relatively fair method of financing health care. Desirable though it is, not many least-developed and low-middle-income countries have succeeded in adequately expanding...

Social health protection

“Social health protection is designed to alleviate the burden caused by ill health and reduce the indirect costs of disease and disability, such as lost years of income due to short and long-term disability, care of family members, lower productivity, and the impaired education and social development of children. Better health enables persons to work and generate income, and as such has the potential to break the cycle of ill health and poverty”. Source : International Labour Organization. N.d...

Social Impact Bonds

"A SIB is an innovative financing mechanism in which (...) a bond issuing organisation raises funds from private-sector investors, charities or foundations. These funds are distributed to service providers to cover their operating costs. If the measurable outcomes agreed upfront are achieved, the government or the commissioner proceeds with payments to the bond-issuing organisation or the investors. In reality, the term “bond” is more of a misnomer. In financial terms, SIBs are not real bonds...

Social inclusion

“Social inclusion is the process of improving the terms on which individuals and groups take part in society—improving the ability, opportunity, and dignity of those disadvantaged on the basis of their identity”. Source : World Bank. n.d. “Social Inclusion”. < https://www.worldbank.org/en/topic/social-inclusion >. Accessed 22 April 2020.

Social insurance

“Social insurance consists of programmes providing protection against life-course contingencies such as maternity and old age, or work-related contingencies such as unemployment or sickness (…) Normally, social insurance is financed from contributions by workers and their employers”. Also see: Social security Source : Barrientos, A. 2010. "Poverty Reduction and Policy Regimes Thematic Paper: Social Protection and Poverty". Social Policy and Development Programme Paper No. 42 . United Nations...

Social pensions

"Social pensions are cash transfers provided by the State to older persons or persons with disabilities, and to others who have not been engaged with the formal labour market or have not contributed enough during their working life. They are intended to ensure coverage of basic needs through income transfer and, in some cases, to facilitate access to health services and food. Their provision is subject to age requirements, degree of disability and poverty status." Source : Abramo, L. et al...

Social policy

"Laws, actions, regulations, and other interventions of government designed to ensure that all citizens have at least a minimum standard of living regardless of their ability to participate in the market. There are 5 or 6 generally accepted social policy fields (e.g., income transfers, education, health care, employment, housing, personal social services)". Source : Kamerman, S. B. 2000. "Social Policy Glossary". Columbia School of Social Work. < https://socialwork.columbia.edu/wp-content/...

Social Protection

Click here to see what social protection means to a couple of institutions working on this theme.

Social protection expenditure

"Social protection expenditure is the outlay for social protection interventions. It consists mainly of: social benefits, or transfers in cash or in kind, to households and individuals with the aim to relieve them of the burden of a defined set of risks or needs; administration costs, or costs of managing or administering the the social protection scheme; and other miscellaneous expenditure by social protection schemes (payment of property income and other)". Source : European Union. N.d. "...

Social Protection Floor (SPF)

“The social protection floor approach has been developed by the ILO, drawing on the recent experiences of extending protection, mostly in developing countries. (...) an integrated set of social policies designed to guarantee income security and access to social services for all, paying particular attention to vulnerable groups, and protecting and empowering people across the life cycle. It includes guarantees of: basic income security, in the form of various social transfers (in cash or in kind...