Today's Cancelled Trains
ESIC Scheme Updates:Workers can soon choose insurance plans other than ESI
NEW DELHI: Over 2 crore formal sector workers will soon have an option to choose health insurance products available in the market in lieu of the mandatory scheme run by the Employees State Insurance Corp (ESIC).
At present, formal sector workers with monthly wages of up to Rs 21,000 per month are mandatorily covered under the health insurance scheme run by the ESIC.
"The Labour Ministry will soon send a bill to the Union Cabinet to amend the Employees' State Insurance Act 1948, to facilitate the beneficiaries of ESIC scheme to opt for health insurance products available in the market," a source said.
"The Ministry will push the bill for passage in the forthcoming Winter Session of Parliament beginning November 16," the source added.
No comments:
Post a Comment