Social Insurance A program of compensation provided and controlled by a government for the elderly, the disabled, or the unemployed people is known as the social insurance program. Acceptance in a social insurance program is not guaranteed and individuals seeking to be covered have to meet certain requirements. Social insurance may come in the form of healthcare or monetary compensation. Define social insurance and describe the social insurance programs available in the U.S. Discuss how these programs affect access to care and the role the government plays in providing them.