The ESIC scheme is a government-funded pension scheme that provides benefits to employees who have contributed to it. It was established in the year 1972 by the Government of India and has been made mandatory for all establishments with 20 or more employees. The scheme is managed by the Employees’ State Insurance Corporation (ESIC).
The ESIC Scheme provides a wide range of benefits, including medical care and cash compensation in case of death, disability or old age. It also provides maternity benefits for female employees. The scheme is financed through contributions from employers and employees.
The ESIC Scheme can be classified into two major categories: contributory and non-contributory schemes. The contributory schemes are funded by contributions from both employers and employees while the non-contributory schemes are funded solely
Introduction: What is ESIC?
ESIC is a government scheme that provides financial assistance to the employees of ESIC-covered establishments.
ESIC stands for Employees’ State Insurance Corporation. It was established in 1948 and is the largest social security organization in India. ESIC is a government scheme that provides financial assistance to the employees of ESIC-covered establishments.
What are the Benefits of ESIC?
ESIC is a scheme designed to provide social security benefits to the employees.
ESIC stands for Employees’ State Insurance Corporation, which is a government-owned company that provides social security benefits to the employees. It also provides health insurance and pension benefits to the employees.
ESIC Scheme Benefits:
1) The ESIC Scheme offers financial protection in case of accidents or illness, as it provides cashless treatment for hospitalization and medical emergencies.
2) It also offers financial assistance in the event of death or permanent disability due to an accident or illness.
3) The ESIC Scheme offers maternity benefit of Rs 12000/- which can be availed by pregnant women who are insured under this scheme.
4) ESIC Scheme also offers non-contributory old age pension
How to Apply for an ESIC Card?
An ESIC card is a mandatory requirement for all employees. This card is issued by the Employees’ State Insurance Corporation of India, which provides social security to the workers and their families.
The ESIC card can be obtained by filling out an application form and submitting it to your employer. The employer then submits the application form to the ESIC office in your region. Once you receive your ESIC card, you should carry it with you at all times or else you may face problems when seeking medical treatment.
How to Check Your ESIC Status?
To check the status of your ESIC account, you can log in to the esic website. The website will provide you with all your information, such as whether or not you are eligible for benefits and what is your current balance.
The ESIC scheme offers a number of benefits to its subscribers. You may be eligible for medical reimbursement, pension and even maternity leave. This article will answer all your questions about how to check the status of your account.
The Complete Guide to the ESIC Scheme
The ESIC scheme is a social security pension scheme in India that provides financial assistance to people who are not able to work due to illness or disability. It is one of the most important social protection programs for the country’s citizens.
In this article, we will go over the history of ESIC and its current status, esic recruitment, eligibility requirements, and benefits. We will also discuss how it compares with other similar schemes in other countries, and what the future of ESIC is like.
Conclusion: The ESIC Scheme is a crucial program for India’s citizens that provides financial assistance to those who are unable to work due to illness or disability.