ESIC Sickness Benefits Extended to Cover 34 Specified Diseases in Cash Compensation
Under ESIC benefits, payment of illness benefit is given to the insured person at the rate of 70 percent of average daily wages for 91 days in two constitutive beneficial periods when a minimum contribution of 78 days has been paid in a contribution period
HIGHLIGHTS:
- ESIC Extended sickness benefits to cover more specified diseases.
- Enhanced benefits for sterilization 100% of average wages.
- Covered involuntary loss of employment.
- Extended benefits for 124 days with 80% payment.
SIC Sickness Benefits Extended to Cover 34 Specified Diseases in Cash Compensation
Employees’ State Insurance Corporation (ESIC), one of the two world largest social security body, has extednded ESIC Sickness Benefits to cover 34 long-terms specified diseases in form of cash compensation for insured benefishary.
The sickness benefits are provided in the form of periodic cash payments under the ESI scheme to an insured employee during the period of certified sickness, requiring medical treatment and abstention from work on medical grounds.
The Sickness benefit is provided at the rate of 70% of the daily average wage paid under the scheme for 91 days during two consecutive benefit periods, as follows:
| PERIOD | CONTRIBUTION | BENEFITS |
| 1 | 1st March to 30th September. | 1st January to 3oth June. |
| 2 | 1st Oct to 31st March of the year following. | 1st July to 31st December. |
The ESIC tweeted from its official Twitter Handle stating, “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.”
Sickness Benefit in the form of cash compensation at the rate of 70 per cent of wages is payable to insured workers during the periods of certified sickness for a maximum of 91 days in a year. pic.twitter.com/s3gWyEDQwi
— ESIC – स्वस्थ कार्यबल-समृद्ध भारत (@esichq) January 3, 2023
Under the Extended Sickness Benefit, benefit is extended to provide to an Insured Person (IP) for any of the 34 listed specific long-term diseases, like TB, Cancer, and other malignant diseases requiring prolonged treatment.
The rate of Extended Sickness Benefit covers 80% of the average daily wage at the maximum, which is initially payable for a period of 124 days and is extendable up to two years on medical advice.
The Enhanced Sickness Benefit will be computed as equal to full wages and is payable to the insured persons undergoing sterilization for 7 days or 14 days for insured male and female workers, respectively.
The Employees’ State Insurance Scheme facilitate following benefits:
| BENEFITS | COVERAGE | FREQUENCY/BENEFIT MODE |
| UN-EMPLOYMENT ALLOWANCE | LOSS OF JOB DOESN’T MEAN LOSS OF INCOME | Monthly cash allowance for a duration of maximum 24 months |
| DEPENDANTS’ BENEFIT | THOSE WHO DEPEND ON YOU ALSO HAVE US TO DEPEND ON | Monthly payment apportioned among dependants in case of death |
| DISABLEMENT BENEFIT | DISABILITY DOESN’T MEAN INABILITY TO EARN | Continuous monthly payment till injury lasts |
| MATERNITY BENEFIT | WELCOME YOUR BABY WELCOME YOU BENEFITS | 100% of average daily wages in cash up to 26 weeks |
| SICKNESS BENEFIT | SICK LEAVE IS NOT LEAVE OF EARNINNG | 70% of average daily wages in cash during medical leave, upto 91 days |
| MEDICAL BENEFITS | ESIC CARE OF YOUR MEDICAL NEEDS | Provides reasonable Medical Care for self and family from day one |
The Employees’ State Insurance Scheme is an integrated measure of social insurance embodied in the Employees’ State Insurance Act and it is designed to accomplish the task of protecting ’employees’ as defined in the Employees’ State Insurance Act, 1948. Visit to official website of “ESIC” for more details
ESIC’s insurance and benefits scheme protects Insured person against sickness, maternity, disablement, and death as a result of a work-related injuries, as well as provides medical care to insured employees and their families.
