Final answer:
The maximum insurable earnings for the Quebec Parental Insurance Plan are set by the provincial government, distinguishing it from private insurance types like employment-based or direct-purchase insurance.
Step-by-step explanation:
The maximum insurable earnings for the Quebec Parental Insurance Plan (QPIP) are set by the provincial government. The QPIP is an example of a social insurance program, which is distinct from private insurance offerings such as employment-based insurance or direct-purchase insurance. While employment-based insurance is typically provided in part by an employer or union, and direct-purchase insurance is coverage that an individual buys from a private company, the QPIP is a government-run program, showing the diversity of employer payment options and the role of the government in providing social insurance.