Employee’s State Insurance Corporation provides monetary and medical benefits to employees in a case of sickness, maternity and employment injury and to make provisions for related matters. ESIC registration is a statutory responsibility of the employers of factory or any establishment under the act. Any factory or business establishment having 10 or more than 10 employees, irrespective of salary, have to register with ESIC.
The Employees’ State Insurance Corporation (ESIC) raised the monthly wage limit to Rs.21,000 from the existing Rs.15000 for coverage with effect from 1 January 2017.
The employer must contribute 4.75% of the employees wages and employee contribution is 1.75% towards ESI,
Once registered the organization is allotted a 17 digit Unique Identification Code (UIN).
Outpatient medical facilities are available in 1418 ESI dispensaries and through 1678 private medical practitioners. Inpatient care available in 145 ESI beneficiaries. Cash benefits can be availed in any of 830 ESI centers throughout India.