Health Insurance for Employees Earning Above Rs. 21,000
For employees/workmen working in an ESI-implemented area and drawing more than Rs. 21,000 (not the case of those drawing less than Rs. 21,000 and now crossing the wage ceiling), is it compulsory for the employer to ensure the employees/workmen by taking a medical/health insurance policy/scheme, etc.? They can also fall sick, right? How should their health/medical benefits be managed? Is there any statute that imposes statutory liability on employers in such cases, i.e., employees/workmen drawing more than Rs. 21,000?
From India, Mumbai
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2For employees/workmen working in an ESI-implemented area and drawing more than Rs. 21,000 (not the case of those drawing less than Rs. 21,000 and now crossing the wage ceiling), is it compulsory for the employer to ensure the employees/workmen by taking a medical/health insurance policy/scheme, etc.? They can also fall sick, right? How should their health/medical benefits be managed? Is there any statute that imposes statutory liability on employers in such cases, i.e., employees/workmen drawing more than Rs. 21,000?
From India, Mumbai
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Companies can take insurance cover for such employees drawing >Rs21000 per month. ESIC cover exists only till the employees draws
From India, Pune
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From India, Pune
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So, are you saying that there is no statute which put liability on Employer to take insurance cover for employees drawing more than Rs.21,000/-? I am looking answer from the statutory angle.
From India, Mumbai
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From India, Mumbai
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Thank you, Nathrao. However, EC will not provide medical benefits like ESIC does. Taking a cue from your input, I am thinking that the best way would be to take an EC Insurance Policy with an add-on insurance feature that will cover medical benefits.
Others are requested to pour in your suggestions, please.
Regards, I.S.
From India, Mumbai
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Others are requested to pour in your suggestions, please.
Regards, I.S.
From India, Mumbai
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Hi Ningthoujam,
Employee State Insurance (ESI) is applicable only for employees whose monthly compensation is less than 21,000 rupees. Employees whose monthly compensation is more than 21,000 rupees will be covered under the organization's health insurance policy.
Regards,
Sairam Bandi
Email - sai@kredily.com
From India, Bengaluru
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Employee State Insurance (ESI) is applicable only for employees whose monthly compensation is less than 21,000 rupees. Employees whose monthly compensation is more than 21,000 rupees will be covered under the organization's health insurance policy.
Regards,
Sairam Bandi
Email - sai@kredily.com
From India, Bengaluru
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Employee Benefits.doc