ESIC Registration
- Inclusive Of Govt. Fees
What is ESIC ?
Employees’ State Insurance Scheme of India is a multi-dimensional Social Security Scheme tailored to provide Socio-economic protection to the ’employees’ in the organized sector against the events of sickness, maternity, disablement and death due to employment injury and to provide medical care to the insured employees and their families. The scheme provides full medical care to the employee registered under the ESI Act, 1948 during the period of his incapacity, restoration of his health and working capacity. It provides financial assistance to compensate the loss of his/ her wages during the period of his absence from work due to sickness, maternity and employment injury. The scheme provides medical care to his/her family members also.
Benefit of ESIC :
Medical Benefit –
Full medical care is provided to an Insured person and his family members from the day he enters insurable employment. There is no ceiling on expenditure on the treatment of an Insured Person or his family member.
Sickness Benefit –
Sickness Benefit in the form of cash compensation at the rate of 70 percent of wages is payable to insured workers during the periods of certified sickness for a maximum of 91 days in a year. In order to qualify for sickness benefit the insured worker is required to contribute for 78 days in a contribution period of 6 months.
Extended Sickness Benefit(ESB) –
Extendable upto two years in the case of 34 malignant and long-term diseases at an enhanced rate of 80 percent of wages.
Enhanced Sickness Benefit –
Enhanced Sickness Benefit equal to full wage is payable to insured persons undergoing sterilization for 7 days/14 days for male and female workers respectively.
Disablement Benefit –
Temporary disablement benefit (TDB) –
From day one of entering insurable employment & irrespective of having paid any contribution in case of employment injury. Temporary Disablement Benefit at the rate of 90% of wage is payable so long as disability continues.
Permanent disablement benefit (PDB) –
The benefit is paid at the rate of 90% of wage in the form of monthly payment depending upon the extent of loss of earning capacity as certified by a Medical Board.
Dependent Benefit –
Dependent Benefit paid at the rate of 90% of wage in the form of monthly payment to the dependents of a deceased Insured person in cases where death occurs due to employment injury or occupational hazards.
Maternity Benefit –
Maternity benefit for confinement/pregnancy is payable for Twenty Six (26) weeks, which is extendable by further one month on medical advice at the rate of full wage subject to contribution for 70 days in the preceding Two Contribution Periods.
Unemployment Allowance under Rajiv Gandhi Shramik Kalyan Yojna’(RGSKY) –
This scheme of Unemployment allowance was introduced w.e.f. 01-04-2005. An Insured Person who become unemployed after being insured three or more years, due to closure of factory/establishment, retrenchment or permanent invalidity are entitled to :
– Unemployment Allowance equal to 50% of wage for a maximum period of upto Two Years.
– Medical care for self and family from ESI Hospitals/Dispensaries during the period IP receives unemployment allowance.
– Vocational Training provided for upgrading skills – Expenditure on fee/travelling allowance borne by ESIC.