New to ESIC and not knowing the full benefits it provides. Claim From ESI A common problem but the solution is not far. This article will introduce you to the ESIC and its many benefits. These are not restricted to only one area or state, but to a large area of the country with centres in several locations. Read on and explore the benefits of registering under the ESIC.
The Employee State Insurance Corporation Scheme is a social security body Claim From ESI. The Ministry of Labour and Employment of the Government of India owns it. Its main objective is to provide financial support to its members in health and medical emergencies. Another social security body under this Ministry is the Employees’ Provident Fund Organisation.
Since it works for the social security of the working sector, there are many benefits that workers can claim from ESI or ESIC. Before exploring the benefits, we should know a little about the Scheme and its criteria.
About the ESIC
The ESIC has been through many amendments to its features and benefits. This is an effort on their part to be on par with the changes continuously made within the government. It also keeps in mind the changes in the economy of the country.
The Employees’ State Insurance Act (1948) was the beginning of the ESIC. India was slowly but surely emerging as an economically stable country. This came to be after the working class of India grew and developed. The Indian Government realized the opportunity this presented to the country and decided to support the growth of the working class. For this, they implemented schemes with financial and health benefits for the workers.
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Financial support for the workers came from the Employees’ State Insurance Act (1948). With financial stability being available, they were able to develop themselves and their skills – helping the working class to develop as a whole. On the health spectrum, financial support was given to those who contracted diseases at the workplace or were temporarily or permanently disabled because of their work. The disease would include all kinds, whether severe or life-threatening.
If the workers’ health affected their daily work, they would again receive financial support from the Employee State Insurance Corporation Scheme. The Indian Government has put in the effort to assist the growing sector of workers, giving them the financial security blanket they need to be able to develop their skills and mindsets.
Comprehensive Guide ESIC
The ESIC was introduced for the working sector of Indian society. However, qualifying for the ESIC requires meeting certain criteria.
Under Section 2 (12) of the Act, non-seasonal companies with at least ten employees may ask their employees to register under the Scheme. But the company must also register itself for its employees to avail themselves of the financial benefits it offers. An employee can only register for themselves under the company name, and only they are allowed to receive the benefits. In no situation will another person be given these rights, even if something were to happen to the employee.
The wage limit of the employee is also an important criterion to consider. The limits are changed from time to time. But from 1 January 2017, the wage limit has been confirmed at Rs. 21,000. Anyone with wages above this limit can no longer register under the Employee State Insurance Corporation Scheme.
This Scheme has been created to cover various areas of the working sector of India. Small businesses like cinemas, restaurants, studios, etc., now fall under this Scheme as well. Another change that has been made is the addition of private educational and medical institutions which have ten or more employees. Any small start-up business can register under this Scheme for the financial benefits their employees can have access to.
Benefits of ESIC
The ESIC will pay for any health issues the employees have contracted at their workplace.
Any employee who is temporarily disabled and caused by the company’s work will still receive monthly wages for the time taken off work. This applies to those with a permanent disability as well. The ESIC will also ensure that the employee is paid every month of the year until their death. Treatment for diseases is also paid for by the ESIC, which will include everything in the medical bill.
Although ESIC hospitals are capable of providing good healthcare, there may be times the patients will have to be transferred elsewhere for further treatment. These bills will, also be considered even if it is not an ESIC hospital. Besides the sick or disabled, the ESIC will also provide financial security for registered employees who may have retired from their companies.
This Scheme not only wishes to support employees and their close families. It also hopes to help employees maintain their dignity even in emergency medical cases where they may be lacking funds. Instead of the stress and panic, they are assured that ESIC will help provide for their medical needs.
This Scheme also has hospitals located in different parts of the country. So if an employee requires medical assistance in a state outside the one they work in, they can easily approach any ESIC medical center to get help. This is an excellent benefit for employees who may have to travel around for work purposes.
Medical leave taken by an employee will be considered, and the ESIC can pay them their monthly wage. If the employee is removed from the company, the Scheme will offer them financial support for the next 24 months to enable them to find employment again.
These benefits listed are not all available but just a common few that the ESIC presents to its registered members.
Conclusion
All this information is essential for you to know such areas. This is necessary for people to understand the ESIC itself. And as a result of this, they may not avail the various Schemes and benefits readily available to them.
VakilSearch can provide people with detailed information on the ESI and ESIC, their benefits, features and registration processes. Along with this, the processes are explained in detail with a list of the requirements from every interested employee.
They can also provide you with answers to any questions you may have in this area. Vakilsearch has an FAQ page that will provide you with the answers to any questions you may have. They also provide services for answering new questions for new employees.
ESIC is a vast scheme that the Government of India has implemented. This may be the tip of the iceberg of all available Schemes. Visit the Vakilsearch website, explore and ask questions if you want to find out more!
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