33% of the workforce participates in social insurance

Speaking at the meeting, General Director Nguyen The Manh shared with Ms. Carolyn Turk – Director of the World Bank in Vietnam about outstanding results in organizing the implementation of social insurance and health insurance policies in Vietnam during the period. past time. Accordingly, the health insurance coverage rate reaches about 91% of the population; the rate of participation in social insurance reaches over 33% of the labor force…

General Director Nguyen The Manh emphasized that over the past time, the World Bank has been cooperating closely and effectively, supporting Vietnam Social Insurance in all three areas: Modernizing Vietnam’s social insurance industry. Male; Implement universal health insurance;

Strengthen fund investment management. In particular, the WB is actively supporting Vietnam Social Insurance to participate in the amendment and supplement of the Law on Social Insurance and the Law on Health Insurance.

In general, the cooperation activities between Vietnam Social Security and the World Bank over the past time have been actively and effectively contributing to the development and modernization of Vietnam’s social insurance industry.

In order to continue the strong cooperation relationship between the two sides, General Director Nguyen The Manh expressed his wish to continue receiving financial, technical, international experience as well as technological support from the WB, in order to improve improve and further improve the quality and effectiveness of the implementation of social insurance and health insurance policies.

Specifically, the WB is requested to continue: to have practical and useful consultations for the development of social insurance and health insurance; create opportunities for staff of Vietnam’s social insurance industry to attend training courses and learn from experiences in other countries and social security organizations around the world in areas such as information technology, procedural reform. administration, expanding coverage towards workers in the informal sector, reforming fund investment management activities, implementing a capitation payment method…

In which, Vietnam Social Insurance has two major priorities, which are: Participating in the revision of the Law on Social Insurance and the Law on Health Insurance; implement the Strategy for development of Vietnam’s social insurance industry to 2030, with a vision to 2045.

“We hope that the World Bank and international experts will support the views of Vietnam Social Insurance and provide specific support so that Vietnam Social Security has a basis for proposing amendments to the Law on Social Insurance and the Law on Health Insurance,” said General Director Nguyen. The Manh said.

At the meeting, Ms. Carolyn Turk – Director of the World Bank in Vietnam highly appreciated the results of the development of social insurance and health insurance in Vietnam; At the same time, WB will continue to accompany and support Vietnam Social Security to achieve its goals in the coming period.

According to Ms. Carolyn Turk, currently, the World Bank’s expert group in Vietnam is actively participating in the research process of amending the Law on Social Insurance, in which the issues of concern are expanding social insurance coverage, focusing on groups. informal labor, improve the efficiency of fund investment…

In addition, better control of health insurance costs is also an issue to focus on.

Agreeing with the cooperation proposals from the Vietnam Social Security, Ms. Carolyn Turk said that the WB’s expert groups will work directly with the units under the Vietnam Social Security; thereby building a more detailed and effective coordination plan.