1. Presentation On ESIC Employee’s State Insurance Corporation Act 1948 By Pune HR & Admin Team

2. Content Meaning of Employee State Insurance Scheme Motto of the Scheme
Coverage
Applicability
Contribution
Periodicity
Benefit to Employer
Benefit to Employee
Sickness Benefit
Disablement Benefit
Maternity Benefit
Funeral Expenses
Dependant’s Benefit
Medical Benefit
Medical Benefit After Retirement
Coverage to Dependant
Administrative Procedure
Thank & regards…..

3. Employee State Insurance Scheme
This is a unique beneficial self financing scheme in which every contribution is a benefactor & beneficiary

4. Motto of the Scheme
This Scheme provides comprehensive medical cover and cash benefits in the contingencies of sickness, maternity, disablement and the death due to injury to the insured persons and their dependant

5. Coverage
The establishment which is employing more than 10 persons and using power for his manufacturing process.OR
The establishment which is employing more than 20 persons and not using power for his manufacturing process
Then only applicable for ESIC Registration

6. Applicability
This scheme is applicable to those who is drawing the salary not exceeding Rs p.m.
All the allowances except washing,
conveyance allowance would be consider as a wages for the purpose of applicability of the Act.

7. Contribution Employee Contribution – 1.75% of the Wages
Employers Contribution – 4.75% of the Wages
All these contribution deposited in ESI Fund and utilize for payment of Cash Benefit to the Insured Person.

8. Periodicity Contribution Period 1st April to 30th September.
1st October to 31st March
Benefit Period
1st January to 31st June
1st July to 31st December

9. Benefits To Employer
Employer exempted from the applicability of the ESIC for
Medicare facility
Maternity Benefit Act.
Workmen’s Compensation Act

10. Benefits to Employee Medical Benefit Sickness Benefit
Maternity Benefit
Temporary Disablement Benefit
Permanent Disablement Benefit
Dependant’s Benefit

11. Sickness Benefit
Employee will get 50 % of Wages for the sickness period(3 months contribution paid)
Employee will get medical treatment, medicines.

12. Disablement Benefit
Temporary Disablement –Approximate 70% of the wages
Permanent Disablement – Depends upon the loss of Earning Capacity.
All the above benefit starts from the date of membership

13. Maternity Benefit
Minimum 2 Return of Contribution period should be completed to get the maternity benefit
12 weeks full wages + medical treatment

14. Funeral Expenses
The nominees will get Rs for the expenditure of Funeral of member

15. Dependant’s Benefit To widow for life or until remarriage
To legitimate or adopted son or unmarried daughter till the age of 18

16. Medical Benefit
Full medical facility including hospitalization for member and his family
from the date of membership

17. Medical Benefit after retirement
If the member has completed the 5 years membership before the retirement will get full medical care benefit on the payment of Rs. 10 p.m.is paid in advance for one year

18. Coverage to Dependant Spouse Children(age below 18) Father and Mother
Those who are dependant on the income of the insured person

19. Administrative Procedure
Filling up the ESIC Declaration Form
2 Family Photo Graph Required for the Card
Form submission to ESIC Office. (Form should be submitted within in 10 days from the date of joining)
Collect Temporary Card from ESIC and the same is to be issued to member.
Collect Permanent Card from ESIC and issued to the member

20. If you would like to know more about the same or have some queries plz revert back.
Thanks & Regards......