Understanding ESIC: What Does It Mean and How Does It Apply to the Medical Field?

What is the full form of ESIC, and is it applicable to the medical field?

ESIC stands for Employees' State Insurance Corporation, and it is indeed applicable to the medical sector.

Hello Ajay,

ESIC stands for Employee State Insurance Corporation. The ESI Act of 1948 envisions an integrated social insurance scheme to provide social security to industrial workers in certain contingencies such as sickness, maternity, temporary or permanent physical disablement, and death due to employment injury resulting in the loss of wages or earning capacity. The act also guarantees full medical care to the workers and their dependent family members. The act was first implemented in Kanpur and Delhi on February 24, 1952, and has since been implemented in all states and union territories of India.

Dear,

It is a statutory body named the Employees State Insurance Corporation, responsible for implementing the provisions of the ESI Act. The corporation aims to provide medical, accidental, maternity, and funeral benefits to the insured individuals covered under the ESI Act.

Ak Malhotra