Umakanthan53
Labour Law & Hr Consultant
RAMAKANT R
Primus Techsystem
Mendumgudi
Self Employed
+1 Other

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Dear All, We are providing mediclaim facility to all the employees and their family members also.
I am not sure that inspite of the above is the liability under Workmen Compensation Act is there or what.
Ramakant

Dear Ramakanth,
Mediclaim policy is a personal insurance policy for health care of an individual and family members in order to meet the medical expenses on unexpected diseases.
Employees Compensation insurance policy is taken by the employer to get indemnified the liability of paying compensation to certain class of employees in the event of any employment accidents.
Therefore, the scope and purpose of the two types of insurance policies are totally different. Just because funding the mediclaim policies on behalf your employees, you fail to take the insurance under the Employees Compensation Act, 1923, you will have to bear the entire burden of compensation and medical expenses in case of employment accidents to any of your employees.
Further your mediclaim policy may cover the medical expenses but not the compensation towards disabilities arising out of such accidents.

Can any one let me know is there any basis of calculation. means an employee with 10k CTC what is the maximum amount he will get under Workmen Compensation.
It depend on salary at the time of employment injury (max 8000/pm) , % of loss of earning capacity and age.
You Need to take Group Personal Accident policy from Insurance Company. GPA Covered the accident and as well as expense also.
Every employer should enroll their employees under Group Personal Accident policy . is a very beneficial policy .
FYI
Regards
Dwarika P Nautiyal

I think GPA Insurance policy also doesn’t grant the compensation for disabilities arising out of an employment accident exactly as determined under the EC Act,1923.
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