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Voluntary social insurance attracts more participants

As many as 606,000 people had joined voluntary social insurance as of May 31 this year, completing half of the set target and up 26,000 compared with the figure of 2019, heard a meeting in Hanoi on June 9.
Voluntary social insurance attracts more participants ảnh 1People registering for social insurance (Photo: VNA)

Hanoi (VNA) –
As many as 606,000 people had joined voluntary social insuranceas of May 31 this year, completing half of the set target and up 26,000compared with the figure of 2019, heard a meeting in Hanoi on June 9.

Meanwhile,the number of compulsory social insurance participants stood at over 14.4million, fulfilling only 89.8 percent of the target, and a drop of 796,000 fromthe previous year.

Morethan 85 million people were covered by health insurance during the reviewedperiod, accomplishing 96.6 percent of the target and down 849,000 against 2019.

Accordingto Dao Viet Anh, Deputy Director General of the Vietnam Social Security (VSS), thedecreases in compulsory social insurance and health insurance coverage areattributable to the impact of the COVID-19 pandemic, as many firms have toscale down their production and business, resulting in workers losing jobs orhaving income reduced and hence ceasing participation in insurance.

Anhsaid the VSS has promptly and drastically adopted solutions such as allowingepidemic-hit firms to delay the contribution of social insurance to the pensionfund, paying unemployment insurance benefits for labourers who have been renderedjobless by the pandemic and ensuring medical check-up and treatment for thosewith health insurance./.
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