Determinants of Social Insurance Coverage in the Philippines

Ma. Belinda S. Mandigma
2016 International Journal of Social Science and Humanity  
The study analyzed the coverage of the most dominant form of social security which is social insurance or public pension in the Philippines by examining the relationships with selected key economic and non-economic variables. Aggregated panel data for the period 2000-2013 were tested using Generalized Linear Model, Multivariate Ordinary Least Squares, Fixed effects & Random Effects and Generalized Method of Moments. Results revealed that coverage represented by contributors from the
more » ... active population are influenced only by some economic variables like economic stability, capital formation, wage growth and urbanization, economic development and globalization. Coverage corresponding to the elderly beneficiaries is also affected by the foregoing economic factors except for globalization, but inclusive of national administrative capacity, employment and unemployment. Further, non-economic drivers of elderly coverage are feminist theory, education, informal sectors and poverty incidence. More statistically significant determinants for the elderly confirms the conclusion of Rofman and Oliveri (2012) that assessing coverage among the elderly presents fewer difficulties, since instead of measuring the accumulation of potential rights, the focus is on the proportion of eligible individuals who are currently receiving benefits.
doi:10.18178/ijssh.2016.6.9.728 fatcat:rgw3ycnycvdatbgckzp6g6lhwi