national insurance

Government-backed protection plan

National insurance is a system of mandatory contributions by employees and employers in the United Kingdom, funding state benefits including pensions, unemployment support, and healthcare.

The contributions are deducted from wages like a tax: How much national insurance do you pay?

The term sometimes refers to the contributions themselves rather than the system.

contributions

payroll

Staff wages collectively

earnings · salary · wages · self-employed · threshold · stamp · voluntary contributions · credits · gap years · top-up

benefits

state pension

Government-funded retirement income

retirement age · claiming · beneficiary

healthcare

NHS

UK state healthcare

prescription · treatment · medical care · health service · GP · A&E · public health · universal healthcare · health coverage

welfare-state

social security

Public financial protection programs

support · cradle to grave · postwar · welfare state · collective security · solidarity · Lloyd George · 1948 · Attlee

Categories
Opposites
public vs. private provision

national insuranceprivate insurance

Non-state risk protection

private health insurance · commercial insurance · private pension · personal pension

scope of coverage

national insuranceregional coverage

Service spanning a geographic area

means-tested benefits

funding mechanism

national insurancedirect payment

Funds transferred without intermediary

fee-for-service · self-pay · uninsured · cash payment · self-funding

Family

nation, national, insurance, nationalism, nationality, nations, multinational, nationalist, nationalize

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Timeless · Rated G