Thousands of contract workers at NOIDA Authority are breathing easier today, thanks to a new medical insurance program that promises robust health protection. Affecting around 4,800 employees sourced via labor providers, the policy was greenlit in a board decision last October and launched this week.
State Bank of India General Insurance has been roped in to provide the coverage, with NOIDA footing Rs 10,000 yearly premiums per worker. Families are covered too—up to five members each—capped at Rs 5 lakhs annually. Excluded from ESI due to higher wages, these staffers now gain access to cashless treatment at top Delhi-NCR hospitals, including for severe conditions.
The rollout follows the CEO’s nod and an MoU inked on April 23, 2026. This isn’t just insurance; it’s a game-changer for workers who’ve long advocated for medical aid amid rising living costs.
Background: NOIDA’s 215th board meeting paved the way, responding to employee pleas after ESI ineligibility. Benefits start immediately, covering OPD, hospitalization, and more.
Industry watchers see this as a model for labor welfare in public sector projects. With NOIDA’s rapid urbanization, prioritizing worker health could reduce absenteeism and boost productivity, benefiting the entire ecosystem from factories to offices.