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dc.titleImproving the Lives of the Self-Employed: The Road to Effective Insurance
dc.contributor.authorAzuara Herrera, Oliver
dc.contributor.authorCarmona, Luis
dc.contributor.authorMondragón, Mauricio
dc.contributor.authorVivanco, Fermín
dc.contributor.orgunitLabor Markets Division
dc.coverageLatin America
dc.date.available2023-07-25T00:07:00
dc.date.issue2023-07-25T00:07:00
dc.description.abstractCurrent insurance schemes for the self-employed in Latin America are, in general, adaptations of the model created for salaried employees. These mechanisms need to respond better to their needs and characteristics to reflect better levels of insurance. The optimization of the schemes can be an optimal way to improve this situation. This document illustrates the path self-employed workers must follow to access and contribute to social security in Brazil, Chile, Colombia, Mexico, and Peru. Each case documents - from the user's experience - which steps must be followed to fulfil the obligations established in the current regulations, both for social security and tax payments. In each scheme, a significant variation in complexity is documented, and areas of improvement are identified in the procedures and the biases that hinder it (behavioral economics). Although there is no universal solution, there are common elements that could ease compliance with obligations to improve self-employed workers' insurance. These include electronic registration, aggregation of income from different sources, flexible insurance schemes with new products, automatic discounts, information exchange with the tax and the financial system, and, finally, tax incentives. These are areas of innovation that would allow for improving existing processes and products based on digital transformation.
dc.format.extent79
dc.identifier.doihttp://dx.doi.org/10.18235/0005030
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Improving-the-Lives-of-the-Self-Employed-The-Road-to-Effective-Insurance.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Mejorar-las-vidas-de-los-trabajadores-independientes-el-camino-hacia-su-aseguramiento-efectivo.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/portuguese/document/Melhorar-as-condicões-de-vida-dos-trabalhadores-autônomos-o-caminho-para-um-seguro-social-efetivo.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLabor Force
dc.subjectSocial Security
dc.subjectLabor
dc.subjectHealth
dc.subjectPension Systems
dc.subjectInformal Labor
dc.subjectGig Economy
dc.subjectSelf Employment
dc.subjectLabor Market
dc.subjectInnovation
dc.subjectDigital Technology
dc.subjectDigital Transformation
dc.subject.jelcodeO31 - Innovation and Invention: Processes and Incentives
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeO30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General
dc.subject.jelcodeJ18 - Public Policy
dc.subject.jelcodeJ21 - Labor Force and Employment, Size, and Structure
dc.subject.jelcodeJ26 - Retirement • Retirement Policies
dc.subject.jelcodeJ08 - Labor Economics Policies
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02744
idb.operationRG-T4026
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