Employees' State Insurance Corporation Raises Wage Threshold to Rs 21,000
The Employees' State Insurance Corporation (ESIC) has raised the monthly wage threshold to Rs 21,000 from the current Rs 15,000 for coverage under its health insurance scheme. In a meeting held today, the ESIC board also decided to give an option to existing insured persons to continue their membership even if their wage exceeds the ceiling of Rs 21,000 per month. "ESIC has raised the threshold wage limit from Rs 15,000 to Rs 21,000," Labour Minister Bandaru Dattatreya told PTI after the ESIC board meeting. The Labour Minister is the Chairman of the ESIC Board.
Both decisions will be implemented from October 1.
The Employees' State Insurance Corporation (ESIC) has raised the monthly wage threshold to Rs 21,000 from the current Rs 15,000 for coverage under its health insurance scheme. In a meeting held today, the ESIC board also decided to give an option to existing insured persons to continue their membership even if their wage exceeds the ceiling of Rs 21,000 per month. "ESIC has raised the threshold wage limit from Rs 15,000 to Rs 21,000," Labour Minister Bandaru Dattatreya told PTI after the ESIC board meeting. The Labour Minister is the Chairman of the ESIC Board.
Both decisions will be implemented from October 1.