A STUDY ON AWARENESS AND EFFECTIVE UTILIZATION OF EMPLOYEE STATE INSURANCE (ESI) AMONG EMPLOYEES

Abstract

Employee State Insurance (ESI) scheme is a very large social security. The scheme encompasses basic economic risks namely health, sickness, disability, death, maternity. It is different from other types of insurance like health insurance that it provides full amount of medical bill irrespective of the premium contribution. The purpose of the present study is to analyze the awareness and effective utilization of ESI among employees’. The study also attempts to review the various ESI benefits available to employees. For this purpose, 137 respondents are selected in purposive sampling technique.Statistical tools like ANOVA, chi square test, Descriptive statistics, Regression, Correlation have been appliedfor analysis purpose. The finding of the study shows that the most of employees are aware of the “Sickness benefit” and they are also aware of “availing of the ESI cards”. “Medical benefits “are mostly utilized by the employees. Similarly, the employees’ are satisfied with the emergency services provided in the ESI hospital. The study also reveals that the “Lack of facilities” is the major problem faced by the employees.