Ameriflex celebrates 20 years of helping American families pay for health care
DALLAS, March 1, 2018 /PRNewswire/ -- Ameriflex, an award-winning independent administrator of consumer-driven health plans, is celebrating its 20th anniversary in 2018. Over the last two decades, Ameriflex has helped drive the evolution of health care benefits and empowered thousands of employers and employees to save money and take greater control of their health care. The company has saved American families who participate in its benefits plans over $1 billion on their health care expenses through tax-advantaged spending accounts.
"At Ameriflex, we are deeply proud of the progress we've made to help American families pay for the care they need to lead healthy, happy lives," said Ameriflex President Bart McCollum. "Our company is celebrating 20 years, but we also feel like we're just getting started on the important work of empowering employers and consumers to make informed decisions about benefits, health care, and treatment."
Ameriflex was founded in 1998 in Mt. Laurel, New Jersey. The company quickly established itself as a third-party administrator disrupting the voluntary benefits space with a client-first approach and a commitment to investing in emerging payments technology as a means to improve the healthcare experience for employers and employees. In 1999, Ameriflex was one of the first players in the industry to introduce a "stacked" healthcare debit card, which empowered consumers to access funds from multiple benefit accounts to pay for health care products and services in a compliant manner, using a single card. This innovation helped eliminate the single biggest pain point experienced by plan participants: manually filing claims to be reimbursed for their health care expenses.
Over the last ten years, Ameriflex has experienced triple-digit topline organic revenue growth—driven by strong customer retention and being first-to-market with a number of specialized benefits and payments solutions. The Ameriflex team has also won a number of industry awards, including Pay Awards for Health Care Payments Innovation (2017), Best Benefits Delivery (2015 & 2016), LiveHelpNow's Best Customer Service Award (2016), 10 Readers' Choice Awards from Benefits Selling, and more.
In 2015, Ameriflex announced the launch of its sister company Accresa: the first payment technology platform of its kind to make direct primary care accessible within workplace benefit plans. In a direct primary care (DPC) model, patients pay a monthly membership or subscription fee in exchange for unlimited access to primary care. DPC encourages stronger patient-doctor relationships and can lead to better healthcare outcomes, as well as cost savings for employers and participants.
"Our executive team at Ameriflex and Accresa is a dedicated, accomplished group with a proven track record for solving complex problems through technology—and building successful companies from the ground up," added Ameriflex CEO William Short. "We see a great deal of opportunity in the marketplace, and that's driving the growth of our business and our team."
For more information about Ameriflex, visit myameriflex.com.
ABOUT AMERIFLEX:
Established in 1998, Ameriflex is an independent administrator providing technology-driven benefits, payment processing, and compliance solutions. Services provided include health spending account administration, supported by our consolidated debit card platform; COBRA administration and special plan billing services; and compliance services, including POP document generation. Headquartered in Dallas, Texas with an operations center in Cherry Hill, N.J., Ameriflex serves tens of thousands of clients representing millions of individual participants nationwide. For more information, visit myameriflex.com.
ABOUT ACCRESA:
Accresa is the first payment technology platform to make direct primary care and other emerging healthcare models accessible within workplace benefit plans. Through its robust payments technology and easy-to-use administrative platform, Accresa connects employers and their employees with a growing national network of primary care physicians, clinics, medical groups, and health systems all focused on our shared vision for delivering a better healthcare experience. For more information about Accresa, visit www.accresa.com.
Michaela Morales
JConnelly
[email protected]
(646) 838-5442
SOURCE Ameriflex
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