Nobody downloaded yet

Employment Insurance in Canada - Essay Example

Comments (0) Cite this document
Summary
Name Institution Course Instructor Date Canadian Employment Insurance 1. Current Insurance in Canada Insurance is a process whereby one pays a substantial amount of money in order to benefit from a cover or ability to get financial assistance upon a misfortune insured…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Employment Insurance in Canada
Read TextPreview

Extract of sample "Employment Insurance in Canada"

Download file to see previous pages Notably, the power of provision of such basics needs was at a crossroad before the social amenities came into rescue. Notably was the creation of Employment Insurance policy in 1940 (Raphael 142). The enactment of Employment (EI) Insurance policy since then has remained an important pillar to the nation’s modern social programs. The program has gone through different revolutions, both in its structure and the modalities of its operation (Baukens, Bolle?rot, and Weinert 132). This program has remained crucial, even today, it forms one of the main political agenda. The program provides temporary financial assistance to unemployed Canadians, who happen to have lost their job, on a cause not their own. The policy also demands that the beneficiary should involve himself into searching for an alternative job or he is involved in other programs, which would improve his skills. In addition, the policy of EI extends to the sick, pregnant, or those who are caring for a newborn or an adopted child (Kim 247). The Employment Insurance covers all these. In another perspective, those who care for the orderly or seriously sick members get assistance from this scheme. The policy is a big benefit to the people of Canada. The policy of Employment Insurance has several types of benefits, which come according to the situation at hand. There is the Employment Insurance Maternity and Parent Benefits, which assist expectant mothers and the Employment Insurance Sickness Benefits, which provide support to those who are sick, injured, and are unable to work (Kim 250). The expansion and diversification of the Employment Insurance policy has incorporated the Employment Insurance Compassionate Care Benefits, which provide to those who are temporary out of job to attend to one of their own, who is seriously sick and the Employment Insurance Finishing Fishing Benefits, which support professional fishermen (Kim 246). Away from the above benefits, the Employment Insurance policy has Initiative plans. They have put in place the Employment Insurance Special Benefits for Self Employed people. In this, the registered and qualified self-employed Canadians are able to access Employment insurance special benefits such as maternity, sickness, compassionate care, and parental. The other Initiative is the Extension of Eligibility period for the Military Families. This policy ensures that those whose leave as been shot, through a military requirement, the insurance fully compensate for that inconvenience. These are the policies, which form the current Employment Insurance policy up to date (Kim 248). The program represents he largest agenda in the federal government in terms of costs and remittance of revenue. As the administration and guarantee of this program falls under the government, the programs aims at becoming self-sufficient in the log run. In addition, in the future, the employee and employer contribution will have to cover administrative and benefit costs. This is the situation in the current insurance in Canada. 2. Criticism on the Program The program of Employment Insurance provides a great help to the people of Canada. However, it structure and management have not fallen short of criticism. First, the current Employment Insurance lacks the edge to get people back to work. The rules, which operate EI, are much lenient. Majority of citizens just get away with insurance benefits with little efforts attached on finding another job (Muffels 116). The government should impose tougher rules on the benefits one gets ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Employment Insurance in Canada Essay Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.org/sociology/1465130-employment-insurance-in-canada
(Employment Insurance in Canada Essay Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.org/sociology/1465130-employment-insurance-in-canada.
“Employment Insurance in Canada Essay Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.org/sociology/1465130-employment-insurance-in-canada.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Employment Insurance in Canada

Insurance

..., I will discuss the evolution of private health insurance and its effects on costs and access to services. Evolution of Private Health Insurance During the industrial revolution, health insurance was viewed as a protection plan for employees who got injured during work related tasks. These resources were viewed as industrial sickness funds, which catered for compensation of workers who obtained injuries or who had a disability of working resulting from their occupation. Private insurance were unheard of during colonial times. During this time, health risks were almost at every corner and capacity to finance healthcare was usually battered for services rendered (Taylor,...
6 Pages(1500 words)Essay

Insurance

...? Insurance Module This paper discusses how different companies provide care along with the types of plans and expenses usually incurred. Furthermore, it gives a personal view of which plan is most suitable. Keywords: Care, plans Aetna Insurance Aetna insurance provides health insurances of different varieties which includes medical, dental, pharmacy, behavioural, group and disability plans (Aetna.com, 2013). These plan are customized according to the consumer needs and requirements and in most cases are pre-defined. Aetna insurance plans are usually designed considering health care management of its customers. Customers of Aetna Foundation comprise of...
4 Pages(1000 words)Assignment

Employment Trends in Canada

...) Employment Trends in Canada. Introduction. This paper is an effort to study the effects of service based economy in the context of globalization on the current employment trends of Canada. The main concept on which the content of this paper rests, is the theory that some parallels exists between the employment trends of Canada and the Marx's theory of Alienated Labor and Weber's thesis on Dehumanization. Canadian Employment Trends: An Overview. The employment trends of Canada shows a staggering rise in the employment rate. In between the years 1994 to...
2 Pages(500 words)Essay

Insurance

...Running Head: INSURANCE INSURANCE [Institute's INSURANCE In the today's time, when the world is changing drastically, the uncertainties are also increasing. The man has developed and become a planner where every move in the life is calculated in advance so that we can keep up with the pace in time. In order to feel secures about plans, we need to have a minimum risk, and maximum security which we get through insurance companies. The insurance companies are there to help us in the time of our needs. But there are no free lunches in the world. The insurance customer needs to pay to an insurance company to buy the...
5 Pages(1250 words)Essay

Effects of employment insurance on unemployment (Canada)

...The Microeconomic Effects of Employment Insurance in Canada Table of Contents I Short Introduction ………………………………………………………. 3 Short-term Distress: II. Effects of Employment Insurance on the Unemployment Rate ………… 3 Long-term Benefits: III. Effects of Employment Insurance on the Labor Market Context ……………… 4 IV. Effects of Employment Insurance on the Profitability of a Firm ……………… 4 V. Effects of Employment Insurance on Supplies of Labor and Capital …………. 6 VI. Summary ………………………………………………………………………. 6 VII. Conclusion …………………………………………………………………….. 6 References ……………………………………………………………………………. 7 Short Introduction The Canadian government has the power to implement employment and unemployment related policies which could affect... the...
4 Pages(1000 words)Essay

Insurance

...Insurance Introduction The Law Commission of England and Wales and the Scottish Law Commission in June 2007, presented a Joint discussion Paper on ‘Insurance Contract Law which was disputed on the basis of falsification, Non-revelation and violation of Warranty by the Insured’. In this Joint Consultation Paper 2007, the important focus was a potential law reform on misrepresentation and non- revelation at pre-contractual phase with the assured and mediators and as well violation of insurance warranties. Response to the proposals of the concerned parties have been called for and further step was to expand the consultation procedure to other difficult areas of...
8 Pages(2000 words)Essay

Insurance

..., the policy can exclude cases of floods and earthquakes, unless additional coverage is made. Moreover, personal accident insurance covers the death of a policyholder or permanent disability, which occurs when either driving or riding. Health insurance policies in most countries cover medical expenses, whilst dental insurance protects the policyholder from dental costs. In most cases, employers offer health insurance and dental insurance. Finally, property insurance protects the insured against risks of fire, climate like the tornados, and theft. However, for the cases of floods and earthquake, most...
5 Pages(1250 words)Term Paper

Insurance

...Application of Telematics System in Motor Insurance Introduction: Telematics insurance system is an innovative concept that encompasses a wide rangeof applications “beyond the traditional insurance coverage” (Tindall, 2013). The system, which commands high popularity in developed countries such as the UK and US, has initially been based on a “pay-per-km (Pay-As-You-Drive or PAYD)” but has evolved in recent days to comprise the concept of “Pay-How-You-Drive (PHYD),” signifying that the insurance premium is calculated on the basis of “how” one drives the vehicle rather than “how far” one drives it (Tindall, 2013). The insurance schemes using telematics technology has several advantages while at the same time it ails from certain... ...
6 Pages(1500 words)Essay

Canada Employment Labor & Law

...the following elements in the drug and alcohol testing law. i. Access to rehabilitation and treatment for drug dependence ii. Care programs for workers returning to job after successful treatment iii. Awareness and education training for supervisors and workers iv. Lock out alcohol or drug usage in the work place and its premises The Irving case implies that employers are permitted to conduct reasonable drug and alcohol testing following a general incident, accident or a near miss at the work place. Further, the case confirms that universal arbitral or random drug and alcohol testing will be allowed in very limited situations or circumstances (The Canada Labor Code, 2013). 3. The union representing...
5 Pages(1250 words)Essay

Health care and health insurance system in Canada- Comparison to private Insurance Model

...services must not be hampered by any barriers related to “age, health status or financial circumstances”. (Canada Health Act, 1984: Section 12.a) The Private Model of Health Insurance Private healthcare system is a system in which the medicine and health care services are supplied by bodies other than the government. The term is usually prevalent in the European countries which follow a public health care system and tend to differentiate their own system from that of nations where private healthcare is the custom. Usually, in most of the countries following the private system, health insurance plans are a part of the employee incentives and benefit packages offered by the...
8 Pages(2000 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Employment Insurance in Canada for FREE!

Contact Us