ECFC is a nonprofit organization dedicated to the advocacy, education, advancement, and innovation of tax-advantaged benefit programs that facilitate choice for employers and their employees. We believe such programs empower employees to take control of their healthcare dollars and help employers to provide a positive benefits package and workplace environment.
Our members include employers, third party administrators, health plan providers, payers, providers, payment networks, processors, and financial institutions. Programs supported by ECFC include: Cafeteria plans and other flexible benefit programs under Section 125, consumer-driven healthcare arrangements including health reimbursement arrangements (HRAs) and health savings accounts (HSAs), tax-advantaged transportation spending accounts (TSAs), dependent care assistance plans (DCAPs), and healthcare flexible spending arrangements (FSAs). Collectively, we refer to all these arrangements as “flexible benefit programs.”
The purpose of ECFC is to:
- Shape public policy that supports tax-advantaged benefit plans and further advances employee choice and consumerism (advocacy)
- Promote the expansion of tax-advantaged employer-provided benefits (advancement)
- Create nationally-recognized education and certification programs to advance professionalism within the industry (education)
- Foster a community where industry thought-leaders share best practices to maximize employer and employee choice (innovation)