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ESIC registration is provided by an autonomous body named ESIC (Employee State Insurance Corporation), which is governed by the provisions of ESI Act 1948.
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Overview of ESIC Registration The Employee State Insurance (ESI) is social security and self-financing scheme employees by providing them with various health benefits. ESI Scheme gives benefits to both employees and their families. The benefits provided by the ESI scheme include sickness benefits, medical benefits, reimbursement of funeral expenses, and several other benefits. which benefits the benefits, disablement
What is an ESI Scheme? designed to provide social protection to the employees working in the organized sector. Social protection refers to protection provided against the uncertain events of maternity, sickness, disablement, and death due to any injury caused in the course of employment. This scheme also focuses on providing medical care facilities to both insured employees and their family members (dependents). The term ESI Scheme refers to a social security scheme
Benefits of ESIC Registration in India It provides comprehensive medical benefits. It includes dependants. ESI Registration can be used easily at different ESI hospitals and dispensaries. Any payments made will be compensated or reimbursed. It also takes into account the needs of the disabled. It provides easy access to medical care in ESI Dispensaries or Hospitals. Sickness benefits are offered at the rate of 70 percent of the employee's salary. The same is provided if the sickness continues for more than ninety-one days a year. Maternity benefits are given in the form of paid leaves. 90% percent of the total salary of the insured person is given to his or her dependents in case of his or her death during employment. Funeral expenses are provided to the deceased’s family. In the Permanent Disablement case, 90 percent of the insured’s monthly salary is offered as an insurance benefit.
Who are eligible to obtain ESIC Registration? Shops; Hotels or the Restaurants do not have any manufacturing activity but are engaged in providing service; Cinemas; An establishment engaged in Roadside Motor Transports; Newspaper Establishments; Private Medical or Educational Institutions.
