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malik ji,
please advise me on below mentioned.
I am working as Asst Manager HR for company .I am covering here right from recruitment to exit formalities,drafting of formats and policies related to marketing staff.i cover performance appraisals,promotion,increments,transfers etc..but i am not involve in payroll management where as am keen to get knowledge on that stream.
can u please help me with any institutes names which gives training on payroll or please suggest any book which will be helpful to get knowledge...
i want to know abt policies and procedures of PF,LTA,BONUS,MEDI CLAIM<LEAVES..
please help me

Mediclaim is an added benefit, Most of the companies o provide the same to the employees. Some Companies charge them while others give them as a benefit.
it is not mandatory. In our company the emplyee are getting this facility who are not cover Under ESI
As we give medical aid to below 10000 salary(ESI) ,more than who draws they should cover under the mediclaim policie ,bcoz of that person if he works under hazardious nature of work ,the company will not give any compensation, If the person covered under this he could be claim.

Is it mandatory for a company to register itself under ESI if it is already having a mediclaim for its employees?
Mediclaim Ploicy is not mandatory(but ESIC is compulsory for Organisation) for the employees,it is benefit given to the employees by employer.
in our company it is given seperate mediclaim policy for each employees for safety purpose.

dear sir, There are humpteen number of private as well as public sector insurance companies sell mediclaim policies. Please note that this is not a mandatory. s.koteeswaran
It is not mandatory as per law. But as a additional welfare facility one can think on this.
Mediclaim is not mandatory. However for those employees not covered under ESIC due to the exemption limit, you can think of Mediclaim or even Group Personal Accident Insurance coverage. A suggestion in this regard- to enhance the commitment of the employee, you can either think of the entire scheme on 50 : 50 basis with the employees also chipping in 50% of the premium or as decided fit by the management. The moderating aspect/ co-ordinating aspect can be with the management.


Reference to ur querry the coverage of mediclaim is not mandatory. But however if employees covered under ESI (Employees State Insurance)

The Employees’ State Insurance Scheme provides full medical care in the form of medical attendance, treatment, drugs and injections, specialist consultation and hospitalization to insured persons and also to members of their families where the facility for Specialist consultation, hospitalization has been extended to the families

If the employees are out of ESI (Drawing salary/wages Rs.10000/- +) we have to take care of their health.

It is a human right to secure good health by acquiring adequate coverage against the financial risks and medical emergencies of employees and their family members. Mediclaim serves the purpose of protecting valuable health of employees and their family members. Healthcare involves the services developed to safeguard health, including medical facilities, professional and financial services such as medical insurance. We are exposed to various hazards that can damage not just our physical health, but also our finances. Thus, Mediclaim or Health Insurance becomes significant as it provides monetary protection in case of such unforeseen situations.

Tks & Regards

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