According to ERISA,these types of programs are established for the purpose of providing assistance for its participants or their beneficiaries,through the purchase of insurance.(Employee Assistance Programs)

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Under ERISA (Employee Retirement Income Security Act), welfare plans are established for the purpose of providing assistance for its participants or their beneficiaries, which can include medical, surgical, or hospital care benefits, benefits in the event of sickness, accident, disability, death or unemployment, and benefits in the event of vacation, apprenticeship, and day care centers, among others. Employee Assistance Programs (EAPs) fall under the category of welfare plans as they provide support for a wide range of issues that might affect mental and emotional well-being.

According to ERISA,these Types of Programs Are Established for the Purpose