noun
government-managed insurance
Refers to social insurance programs directly administered by the government, such as the former government-managed health insurance (政管健保).
政府管掌保険は、かつて中小企業の従業員を対象としていた。
Government-managed insurance used to cover employees of small and medium-sized enterprises.
Compound of 政府 (government), 管掌 (management, administration), and 保険 (insurance).