Employers who come under the purview of the ESI Act, 1948, derive the following benefits under the Scheme:-
Employers are absolved of all their liabilities of providing medical facilities to employees and their dependants in kind or in the form of fixed cash allowance, reimbursement or actual expenses, lump sum grant or opting for any other medical insurance policy of limited scope, unless it is a contractual obligation of the employer.
Employers are exempted from the applicability of the:
Incentive Scheme for employers for persons with disabilities:
The Incentive Scheme for employers in private sector for providing employment to persons with disabilities has come into force w.e.f. 1.4.2008. Persons with disabilities employed on or after 1.4.2008 and drawing monthly wages upto `25,000/- are covered under the scheme. Employers are exempted from paying employer’s share of contribution upto a maximum period of 3 years and the same is reimbursed to the Corporation by the Central Govt.