In summary, the ESIC full form is Employees’ State Insurance Corporation . Set up by the Indian government, ESIC provides social security to employees via medical benefits, sickness cover, and family support. The section 46 of the Act envisages following six social security benefits :- (a) Medical Benefit : Full medical care is provided to an Insured person and his family members from the day he enters insurable employment. There is no ceiling on expenditure on the treatment of an Insured Person or his family member. Medical care is also provided to retired and permanently disabled insured persons and their spouses on payment of a token annual premium of Rs.120/- . What is ESIC full form ? ESIC , which stands for the ‘Employees' State Insurance Corporation,’ is a statutory entity instituted by the Government of India under the Ministry of Labour and Employment.
