Dear All, My query is related to medical allowance. Situation is as follow:
Employees getting Rs.15000 or less are covered under ESIC. Company does not have any tie up with medical insurance/group insurance company. Now what if medical allowance is mentioned in total gross of employee's salary, say Rs. 1250/-. What will be the impact on employer in case employee meets with an accident or falls sick and only medical allowance is given to him (Rs. 1250/-), not covered under any medical insurance policy?
In case ESIC is not applicable, is medical insurance mandatory in that condition? pl give your valuable comments on this. Waiting for your answers now.....
Employees getting Rs.15000 or less are covered under ESIC. Company does not have any tie up with medical insurance/group insurance company. Now what if medical allowance is mentioned in total gross of employee's salary, say Rs. 1250/-. What will be the impact on employer in case employee meets with an accident or falls sick and only medical allowance is given to him (Rs. 1250/-), not covered under any medical insurance policy?
In case ESIC is not applicable, is medical insurance mandatory in that condition? pl give your valuable comments on this. Waiting for your answers now.....