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Social Security Fund providing Covid-19 treatment cost to its contributors 

SSF bearing up to Rs 80,000 out of total treatment expenses of Rs 100,000 

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Social Security Fund providing Covid-19 treatment cost to its contributors 
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May 15: Social Security Fund (SSF) is providing treatment cost for Covid-19 to its contributors. According to the SSF, it will bear treatment cost to its contributors if they are infected with coronavirus. 

Kapilmani Gyawali, Executive Director of the SSF, said that the Fund will provide treatment cost to its contributors for Covid-19 under its medical treatment, health and maternity protection scheme. However, the limit for the compensation will be Rs 80,000 out of total treatment cost of Rs 100,000, according to SSF’s executive director Gyawali. He said that the contributor should bear 20 percent of the total treatment expenses.

"With the onset of the second wave of the pandemic, some contributors who were infected with coronavirus have already started claiming the compensation. We will gradually settle the claims", said Gyawali. 

Though the facility of direct discount of 80 percent of the total treatment cost up to the limit of Rs 100,000 is yet to be implemented, contributors should come to SSF to claim the compensation, according to Gyawali.  He also said that the SSF is preparing to implement the facility of direct discount from the hospital from mid July. It has already signed agreement with 105 hospitals to provide such facility for the SSF contributors. 

The SSF has not halted the settlement of claims even during the pandemic, he said. According to the SSF, it has provided Rs 32 million in compensation to 1,567 contributors for 2,524 claims under its medical treatment, health and maternity protection scheme. 

Meanwhile, there has not been any decline in the number of employers and contributors signing up for the SSF even during Covid-19. According to the SSF’s data, 13,845 employers have registered with the SSF as of Wednesday to list a total of 202,353 employees in the Fund.

The contributory-based SSF was launched in November 2018 to bring private and non-governmental sector workers under the social security net. Under the SSF scheme which has been made compulsory for private sector, 31 percent of a listed contributor’s basic salary—11 percent of employees’s salary along with 20 percent contribution from the employer—is deposited in the SSF every month. Such contributors are entitled to get benefits from medical treatment, health protection and maternity plan, accidents and disability plan, dependent family plan and old-age security plan of the SSF. 
 

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