Authors: BIDYUT BIKASH BAISHYA and Dr. RATAN BORMAN
Social Security has now become a fact of life for millions of people throughout the world. It is a major aspect of public policy and extent of its prevalence is a measure of the progress made by a country towards the ideal of a welfare state. India’s rural population, mainly consisting of middle and low-income groups, necessitate the provision of social security, although their capacities to pay insurance premiums are very low. This indicates inequalities in social security aspects. In India, the Social Health Insurance (SHI) is based on income-determined contributions from mandatory memberships. The existing mandatory health insurance scheme in India for Organized Sector is – Employees’ State insurance Scheme (ESIS) and Central Government Health Scheme (CGHS). At the national level, the ESI Scheme is administered by a statutory body called the “Employees State Insurance Corporation” set up under Employees’ State Insurance (ESI) Act, 1948. However, despite all the endeavours made by the Corporation for the effective functioning of the ESI Scheme in the country, public discernment of the Corporation has not been very positive. So this paper will make an attempt to analyze the effectiveness of the benefits provided to the persons registered under the ESI scheme by taking some variables/parameters into consideration and at last to offer some suggestions for the proper and suitable implementation of the scheme on the basis of findings of the study.
Keywords: Social Security, Health Insurance, Inequalities, Insurance Premiums, ESIC