IDEAS home Printed from https://ideas.repec.org/p/ecr/col035/5156.html
   My bibliography  Save this paper

Public policy for pensions, health and sickness insurance: potential lessons from Sweden for Latin America

Author

Listed:
  • Palmer, Edward

Abstract

This paper discusses the rationale of social insurance and social insurance institutions as they have emerged and developed in economically mature nations. The aim of the paper is to present discuss experience in a perspective that can be useful for discussions in Latin America. Key issues in system and institution design are identified and discussed, and examined with reference to experience from Sweden. The paper contains three major sections and concludes with some final remarks. The first of these discusses the case for publicly mandated insurance. The second discusses models and issues for health care and sickness insurance and the third section models and issues for pension insurance. The paper presents the arguments favoring mandated insurance for health care and pensions. The paper concludes that public provision of health care insurance combined with some private-public mix of health care services has strong advantages in the Latin American setting. The paper discusses various institutional issues in designing health care and sickness insurance, referring specifically to experience from Sweden. Likewise, the paper argues in favour of mandated old age pension insurance, presenting the arguments for why the present trend in pension reform is in the direction of notional (NDC) and financial (FDC) defined contribution earnings-related schemes. A large portion of the population in Latin America will not be sufficiently covered by earnings-related schemes, stressing the need for the public sector to tread in with income support for the poor, only partially covered or wholly uncovered population as the market economy develops. The safety net will need to be a publicly provided defined benefit or means-tested income support, with the defined benefit taking the form of a minimum pension guarantee or demogrant.

Suggested Citation

  • Palmer, Edward, 2006. "Public policy for pensions, health and sickness insurance: potential lessons from Sweden for Latin America," Financiamiento para el Desarrollo 179, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  • Handle: RePEc:ecr:col035:5156
    Note: Includes bibliography
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/5156
    Download Restriction: no

    References listed on IDEAS

    as
    1. Damill, Mario & Frenkel, Roberto & Maurizio, Roxana, 2003. "Políticas macroeconómicas y vulnerabilidad social: la Argentina en los años noventa," Financiamiento para el Desarrollo 135, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Bertranou, Fabio & Grushka, Carlos O. & Shulthess, Walter, 2000. "Proyección de responsabilidades fiscales asociadas a la reforma previsional en Argentina," Financiamiento para el Desarrollo 94, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Uthoff, Andras & Ruedi, Nora & Vera, Cecilia, 2006. "Relación de dependencia del trabajo formal y brechas de protección social en América Latina y el Caribe," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1954, September.
    4. Willmore, Larry, 2006. "Non-contributory pensions: Bolivia and Antigua in an international context," Financiamiento para el Desarrollo 167, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Ocampo, José Antonio & Tovar, Camilo Ernesto, 1999. "Price-based capital account regulations: the Colombian experience," Financiamiento para el Desarrollo 87, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Vargas, Juan Rafael, 1995. "Flujos financieros internacionales privados de capital a Costa Rica," Financiamiento para el Desarrollo 35, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Chisari, Omar & Ferro, Gustavo & González, Mariano & León, Sonia & Maquieryra, Javier & Mastronardi, Leonardo & Roitman, Mauricio & Romero, Carlos & Theller, Ricardo, 2010. "Modelo de Equilibrio General Computado para la Argentina 2006," UADE Textos de Discusión 63_2010, Instituto de Economía, Universidad Argentina de la Empresa.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiao Xu & Gail A. Jensen, 2012. "Does health insurance reduce illness-related worker absenteeism?," Applied Economics, Taylor & Francis Journals, vol. 44(35), pages 4591-4603, December.
    2. Jaroslav Vostatek, 2013. "Politická ekonomie financování zdravotní péče [Political Economy of Health Care Financing]," Politická ekonomie, Prague University of Economics and Business, vol. 2013(6), pages 834-851.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecr:col035:5156. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Biblioteca CEPAL). General contact details of provider: http://edirc.repec.org/data/eclaccl.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.