ECFC Opens Board Seats for First Time in 40-Year History

ECFC, the leading nonprofit organization promoting choice in benefit solutions, announced today that any of its member organizations can now choose to hold a seat on ECFC’s board of directors for the first time in the organization’s 40-year history. ECFC serves as a vital voice in preserving, protecting and defending tax-advantaged benefits programs for working families, including flexible spending accounts (FSAs), health savings accounts (HSAs) and health reimbursement arrangements (HRAs).

“Over the last forty years, we’ve been instrumental in the advocacy and education surrounding tax-advantaged benefit programs. Today, we are making an effort to increase representation from a wider range of members by changing our bylaws to open up seats on the board of directors to any member organization without requiring a vote by the board or the membership committee,” said Christa Day, ECFC Executive Director. “Now, more than ever, we need to come together as an industry. These changes to our bylaws will expand our voice and reach to attract new people and organizations to help us continue our advocacy and education for tax-advantaged healthcare benefits.”

Additional changes will occur in the process of board member selection. Unlike prior years, ECFC member organizations who hold board seats now can fill those seats with representatives of their own choice, providing more flexibility to each member organization to choose its representative on the board.

“Our mission is to preserve and foster an environment where individuals have access to and can derive value from consumer-driven benefit solutions,” said Jody Dietel, Chair, ECFC Board of Directors. “Adding new board members and organizations that bring diverse backgrounds and perspectives will help us more effectively carry out that mission, as well as bring even more added benefits to our organization, its members and other stakeholders.”

To expand the board, ECFC is looking for current and future leaders and professionals with a wide range of expertise areas, including the following: third party administration, benefit plan service, employee benefit consulting, card processing, information technology, banking, insurance, and payroll processing.

In support of this expansion, ECFC is offering a best practices on-boarding initiative for new board members. A special introduction of new board members will be held during the 41st ECFC Annual Conference March 16-18, 2022.

For additional details, visit ecfc.org/BoardMembership.

About ECFC

ECFC is a leading non-profit organization dedicated to maintaining and expanding employee benefit programs on a tax-advantaged basis. ECFC represents and promotes employee benefit programs through effective lobbying and provides education and awareness to members, compensation practitioners, national opinion leaders and the general public to help advance healthcare consumerism. ECFC, which was founded in 1981 as the Employers Council on Flexible Compensation, is the single organization that focuses its efforts on preserving, protecting and defending the tax-advantaged programs currently available to working families through employer plan sponsors. For more information, visit https://ecfc.org/.

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