Exact(2)
Finally, this thesis urges the Korean Government to adopt a risk-adjusted premium system, rather than a flat rate premium scheme, in implementing the bank deposit insurance system, because the flat rate system causes "moral hazard" problems.
The NCMS is organized, guided and supported by central and local governments and involves voluntary participation with a flat rate premium [ 16].
Similar(58)
The CDU wants to decouple them by introducing a flat-rate premium.
Half of this will come from a flat-rate premium, initially set at £10 per member.
But in its first year of operation it will receive just the flat-rate premium, worth £150m.
Conservatives in Mrs. Merkel's party originally pushed for a flat-rate premium, which would cut the link between income level and health care payments.
Instead of health-care contributions based on a worker's wage, Ms Merkel wants a flat-rate premium, with tax-financed subsidies for the poor.
In health care, for instance, Christian Democrats want to start decoupling contributions from wages by introducing a small flat-rate premium.
The leaders of the Christian Social Union (CSU), the CDU's sister party in Bavaria, oppose the flat-rate premium, calling it unjust and a hard sell.
So even Germans rich enough to opt out of the statutory health system would help to pay for it.A flat-rate premium is "unsocial," thunders the left, which sees it as a first move in a liberal plot to strip the statutory health system to a bare-bones scheme and privatise the rest.
For the first time, all benefits can be claimed by people who have contributed nothing towards them.Beveridge's plan was for a national insurance system: anyone paying the same, flat-rate, premium would receive the same, flat-rate benefits if they became ill, unemployed or old.
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