PayFlex

PayFlex is a leading provider of technology-enabled healthcare financial solutions, specializing in the administration of Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs). The company serves a broad range of clients, from small businesses to Fortune 500 companies, providing tools that help employees manage their healthcare spending and savings. PayFlex also offers COBRA administration and commuter benefit programs, integrating these services into a unified consumer experience. Formerly a subsidiary of Aetna and later CVS Health, PayFlex was acquired by Millennium Trust Company (now Inspira Financial) in 2022. This acquisition integrated PayFlex’s health-wealth solutions into a larger platform focused on retirement and long-term financial wellness.