ECFC announces the appointment of Robert L. Natt to Board of Directors

9/21/2015

ECFC announces the appointment of Robert L. Natt, executive chairman of Alegeus Technologies, to its Board of Directors

Washington, D.C. (September 18, 2015) ECFC, the leading nonprofit organization promoting choice in benefit solutions by working together through education and advocacy to put a consumer-driven account into the hands of everyone, announced today the appointment of Robert L. Natt, executive chairman of Alegeus Technologies, to its Board of Directors.

“Bob is a strategic, visionary thinker who provides deep business and healthcare industry expertise to help ECFC further promote choice in benefit solutions,” said William Short, ECFC’s Board of Directors Chairman. “Together, we believe these tax-advantaged plans encourage employees to take control of their healthcare dollars and help employers provide a positive benefits package and workplace environment.”

Natt has an extensive career in healthcare and brings more than 30 years of experience in the employee benefits industry to his ECFC Board of Directors position. Prior to his current role at Alegeus Technologies, he served as chief executive officer of PayFlex Holdings, Inc., until presiding over its successful sale to Aetna in 2011. Natt also served as chief executive officer of MBI Benefits, one of the Alegeus predecessor companies and pioneer of healthcare benefits debit cards. He successfully oversaw the sale of MBI to Metavante in 2005.

Prior, Natt held senior executive positions with a number of health plans, including chief executive officer and chief operations officer of Physicians Health Services, which he took public in 1993. He also served as executive vice president of Oxford Health Plans where he led the integration of newly acquired Connecticut health plan, MedSpan. He began his career in the health care field as chief executive officer HealthAmerica of Philadelphia.

“Employers need a trusted, unbiased and credible source of information in the benefit solutions market, which is exactly what ECFC is,” Natt said. “ECFC is dedicated to educating industry professionals and sharing innovative solutions in a rapidly changing environment and advocates on their behalf.”

While serving as a Sargent in the New York State Air National Guard, he earned his MBA in Finance from the Columbia Business School and his bachelor’s of arts degree in Economics from Queens College of the City University of New York.

ECFC’s diverse membership of nearly 150 companies is comprised of forward-thinking employers, third-party administrators, health plans, payers, providers, payment networks, processors and financial institutions with a committed, vested interest in tax-advantaged benefit plans. Programs supported by ECFC include:

  • Cafeteria plans and other flexible benefit programs under Section 125
  • Healthcare flexible spending arrangements (FSAs)
  • Consumer-driven healthcare arrangements including health reimbursement arrangements (HRAs)
  • Health savings accounts (HSAs)
  • Tax-advantaged transportation spending accounts (TSAs)
  • Dependent care assistance plans (DCAPs)


About Employers Council on Flexible Compensation
The Employers Council on Flexible Compensation (ECFC) is a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. The organization has two driving missions. The first is to represent and promote flexible compensation programs through effective lobbying. The second is to provide information on flexible compensation programs to member, national opinion leaders and the general public to help create a positive climate for the growth of flexible compensation.

Media Contact:

Martin Trussell
(202) 659-4300
mtrussell@ecfc.org

About Employers Council on Flexible Compensation

The Employers Council on Flexible Compensation (ECFC) is a non-profit organization dedicated to the maintenance and expansion of private employee benefit programs on a tax-advantaged basis. The organization has two driving missions. The first is to represent and promote flexible compensation programs through effective lobbying. The second is to provide information on flexible compensation programs to member, national opinion leaders and the general public to help create a positive climate for the growth of flexible compensation.