Society

Voluntary social insurance participants up 305 folds in 16 years: VSS

The number of voluntary social insurance participants has risen 305 folds to 1.83 million since the policy was put in place in 2008, according to the Vietnam Social Security (VSS).
Voluntary social insurance participants up 305 folds in 16 years: VSS ảnh 1About 18.26 million people have joined voluntary and compulsory social insurance, making up 39.25% of the total workforce. (Photo: VNA)
Hanoi (VNA) – The number of voluntary social insuranceparticipants has risen 305 folds to 1.83 million since the policy was put inplace in 2008, according to the Vietnam Social Security (VSS).

It said about 18.26 million people have joined voluntary andcompulsory social insurance, making up 39.25% of the total workforce.

Unemployment insurance has also grown impressively, with the number ofparticipants increasing to 14.7 million at present from only 6 million in 2009,accounting for nearly 31.6% of the workforce.

Meanwhile, health insurance coverage reaches 93.35% of the totalpopulation or 93.3 million people, approaching the target of universal healthinsurance. Health insurance cardholders make about 127 million visits to medical facilities each year.

Theagency said labourers’ rights and interests being ensured has practicallycontributed to consolidating and expanding the social welfare foundation./.
VNA
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