Social Policy and Welfare Essay Example | Topics and Well Written Essays - 3250 words

Social Policy and Welfare - Essay Example According to the report findings Welfare usually comes in the form of financial assistance through subsidies and vouchers issued by governmental and non-governmental organizations. Funding can come directly from institutions or be paid for by members through a salary deduction scheme to be returned at a premium and in stages. Some aspects of welfare can be universal like health coverage in the NHS in the UK while some can be residual targeting only specific sectors such as the unemployed, people of old age and veterans.This discussion declares that  Welfare provision is designed to target two key aspects of society: the family and the labor market. The underlying reason behind the importance given to the family is that it is considered to be the most important and powerful welfare provider. Families provide ‘emotional support’ and virtually free care which no other external state can provide. Health of family is less likely to be compromised with the presence of a dedi cated overseer thus minimizing the need for health coverage. Public support of the family can then be a crucial factor in ensuring that people have peace of mind and are enjoying the company of their family.  Intervention in the labour market through regulation is the bane of free-market believers but it has long been recognized. Labour market intervention schemes are usually designed to protect people from market fluctuations. This guarantees them from arbitrary termination, working conditions and compensations.