Improving the Participation Rates of Freelance Laborers in Voluntary Social Insurance Programs in Thai Nguyen, Vietnam

Objective: In this paper, we evaluate the effectiveness of the proposed strategies for increasing participation rates of freelance laborers in voluntary social insurance (VSI) programs in Thai Nguyen, Vietnam. Methods: We surveyed a sample of 400 persons and analyzed the data using SPSS 20 software. Both exploratory factor analysis and multiple regression analysis were employed to analyze the level and nature of the relationships among the variables. Results: The intention of laborers to participate in VSI in the rural regions of Thai Nguyen province was influenced by 5 factors – information, trust, attitude, risk perceptions, and knowledge. Nonetheless, the extent of impact varied across the distinct factors. Conclusions: To enhance participation rates in social insurance, it is imperative for policymakers and other relevant stakeholders to engage in information dissemination through a diverse array of channels, such as clubs, individuals, and local organizations. This strategy will serve to ensure that individuals possess a heightened comprehension of the tangible advantages associated with participation in social insurance programs.