Guest HRBenies2007 Posted December 13, 2006 Posted December 13, 2006 Which benefits are considered health plans versus welfare plans? It seems like they are interchangeable at times. Medical I would assume is a health plan and life insurance a welfare but in reading information on line I have seem medical referenced as a welfare plan. Is there a difference?
oriecat Posted December 13, 2006 Posted December 13, 2006 Health plans are a form of welfare plan. "Welfare plan" is a broader, generic term for non-pension fringe benefit plans covered under ERISA. It encompasses a lot of those other types of plans. This is my understanding anyway.
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