Health and Welfare Funds

This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide medical, surgical, hospital, vacation, training, and other health- and welfare-related employee benefits exclusively for the sponsor's employees or members.

Managing portfolios of health and welfare funds--are classified in Industry 523940, Portfolio Management and Investment Advice; and Providing pharmacy benefit management services and other third party claims administration of health and welfare plans--are classified in U.S. Industry 524292, Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds.