Aflac Inc. announced a partnership with Ameriflex, a leading provider of consumer‑direct health (CDH) solutions, to deliver CDH services—including flexible spending accounts, health savings accounts and related benefit administration—to public‑sector employers. The collaboration positions Ameriflex as Aflac’s administrative partner for these offerings, allowing the insurer to bundle its supplemental insurance products with a full‑service CDH platform.
The deal is a strategic move for Aflac, which has long served more than 35,000 public‑sector customers. By adding CDH administration, Aflac can offer a more comprehensive benefits package that meets the growing demand for tax‑advantaged, self‑directed health options among public‑sector employees. The partnership also lets Aflac focus on its core insurance business while outsourcing the complex compliance and technology requirements of CDH to Ameriflex’s 25‑year‑old expertise.
Financial terms of the partnership were not disclosed, and Ameriflex has not yet announced a specific start date for administering services. The partnership is expected to target a broad range of public‑sector entities, from state and local governments to school districts and public‑sector unions, though the exact segments remain unspecified.
Aflac’s senior vice president of distribution, strategy and operations, Jon Edgington, said the partnership “complements our mission to provide increased value, savings and financial protection for our public‑sector customers and their employees.” Ameriflex’s chief marketing officer, Kevin Burgess, added that the alliance “demonstrates the trust Aflac places in our team and our ability to deliver superior administration services for their CDH offerings.”
The partnership aligns with Aflac’s broader goal of diversifying revenue streams and strengthening its competitive position in the public‑sector market. By offering a bundled solution that combines supplemental insurance with CDH administration, Aflac can deepen relationships with existing clients and attract new public‑sector employers seeking a one‑stop benefits provider.
While the announcement does not include immediate financial impact data, the move is expected to generate incremental revenue and margin expansion over the next few years as Aflac leverages Ameriflex’s established technology platform and compliance capabilities. The partnership also positions Aflac to capture a growing share of the public‑sector benefits market, which is increasingly focused on cost control, talent attraction and employee wellness.
Aflac’s recent earnings performance—net earnings of $1.6 billion in Q3 2025 and $599 million in Q2 2025—demonstrates the company’s ability to generate strong cash flow, providing a solid foundation for investing in strategic partnerships such as this one.
The partnership is a material event that could influence Aflac’s long‑term growth trajectory and competitive dynamics in the public‑sector benefits space.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.