General Info:
Mission Statement Mission Statement The Employer's Council on Flexible Compensation ( ECFC ) is an association of diverse businesses dedicated to the promotion and preservation of employer-sponsored benefit programs that facilitate employee choice and consumerism on a tax-advantaged basis. We believe such programs empower and motivate both employers and employees to build productive workforces. Our members include employers, third party administrators, health plans, payers, providers, payment networks, processors and financial institutions. ECFC is the single organization that focuses to preserve, protect and defend the tax-advantaged programs currently available to working families through employer plan sponsors. The programs supported by ECFC include: Cafeteria Plans and other flexible benefit programs under Section 125, consumer-driven health care arrangements including Health Reimbursement Arrangements ( HRAs ) and Health Savings Accounts ( HSAs ), tax advantaged Transportation Spending Accounts ( TSAs ), Dependent/Child Care Assistance Plans and Health Care Flexible Spending Arrangements ( FSAs ), as well as 401 ( k ) plans, 403 ( b ) arrangements and 457 plans. Collectively, we refer to all these arrangements as flexible benefit programs . ) Preserve and influence federal legislative and regulatory sources which authorize tax-advantaged ( or flexible ) employee benefit plans ; Serve as technical resources on benefit issues and provide information to members about all aspects of flexible benefit programs ; Provide education and accreditation services that are recognized throughout the country to promote the professionalism of our members and knowledge of rules and regulations governing flexible benefit programs. Offer a vibrant environment to improve health care efficiencies and affordability with improved services and better customer experiences that result in higher plan adoptions and lower health care costs.