when an employee has Star Health Insurance then again why he should go for ESI what is the use & what is the difference between these two types of Insurances?
From India, Bangalore
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From India, Bangalore
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There is no question of other health insurance in place of ESIC. ESIC is statutory for all employees whose salary is less than 15K. There cannot be a better option than this. You need to cover all the employees under ESIC and remit contributions monthly without fail. ESIC is compulsory under a statute, but Star Health is optional and not compulsory.
From India, New Delhi
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425From India, New Delhi
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HEALTH INSURANCE FOR SENIOR CITIZEN new.pdf
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(Fact Checked)-The statement provided is correct. Star Health Insurance is a private insurance scheme, while ESI is a government-run mandatory social security scheme. The terms and conditions for both differ significantly. (1 Acknowledge point)