Contributions paid under Pay Related Social Insurance (PRSI) by employers, employees, the self-employed and voluntary contributors are paid into the Social Insurance Fund (SIF). The social insurance (PRSI) system is mandatory and insures nearly all workers and the self-employed for a range of contingencies such as old age, ill health, maternity and unemployment. The range of contingencies covered is dependent on the Class of PRSI paid.
The White Paper on Universal Health Insurance sets out a proposed framework of a Universal Health Insurance model for Ireland and was published by the Department of Health on 2 April 2014. The Department of Social Protection, along with other Departments, individuals, groups, organisations and other bodies, is currently engaged in consultation with the Department of Health on this paper. This process is ongoing.