The defining characteristic of a social insurance program is thatMultiple Choiceit is administered through private insurance companies.eligibility is restricted to individuals who paid special payroll taxes during their working years.it is targeted at those who are most in need of welfare assistance.it is administered jointly by the national government and the states.None of these answers are correct.
Question
The defining characteristic of a social insurance program is thatMultiple Choiceit is administered through private insurance companies.eligibility is restricted to individuals who paid special payroll taxes during their working years.it is targeted at those who are most in need of welfare assistance.it is administered jointly by the national government and the states.None of these answers are correct.
Solution
The defining characteristic of a social insurance program is that eligibility is restricted to individuals who paid special payroll taxes during their working years.
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