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193rd Meeting of ESIC held in New Delhi

Published on February 15, 2024
Current Context: The 193rd Meeting of the Employees’ State Insurance Corporation (ESIC) was held in New Delhi on 10th February 2024 under the chairmanship of Union Minister Bhupender Yadav.
193rd Meeting of ESIC held in New Delhi
  • Here are some key points from the meeting:
    • The ESIC approved a proposal to provide Medical Benefit to insured superannuating workers who left the ESI Scheme due to exceeding the wage ceiling, if the worker was under insurable employment for at least 5 years before superannuation/voluntary retirement.
    • Workers who superannuated/voluntarily retired on or after April 1, 2017, with wages up to Rs 30,000 per month, having worked for at least 5 years after April 1, 2012, will also be benefitted under the scheme.
    • The ESIC adopted the Revised Estimates 2023-24, Budget Estimates 2024-25, and Performance Budget 2024-25.
    • The ESIC decided to enhance the service delivery mechanism in North-Eastern states (including Sikkim) to achieve the vision of Act East Policy.
    • The ESIC adopted the new Policy on AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy) 2023 in ESIC institutions to promote holistic well being of the ESI beneficiaries.

Question:

Q.1 What is the minimum period of insurable employment required for a superannuating worker to be eligible for Medical Benefit under the new ESIC proposal?
a. 3 years
b. 4 years
c. 5 years
d. 6 years
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