WEX Health Enhances and Improves User Experience with Latest Product Release
November 01 2018 - 6:45AM
Business Wire
WEX Health, a WEX Company and an award-winning healthcare
financial technology platform provider, introduces significant new
features and functionality to its WEX Health Cloud platform through
its October 2018 Release. The updates reflect WEX Health’s
continued focus to engage, grow, and simplify the healthcare
benefits administration process for consumers, employers, and its
network of partners.
“This release reflects our commitment to enabling our partners
to further engage with employers and consumers to help them make
better decisions about their healthcare benefits,” said Matt
Dallahan, senior vice president, strategy and product development
at WEX Health. “We are dedicated to helping our partners grow their
businesses and to helping consumers maximize their health benefit
accounts, and that dedication is rooted in our mission to simplify
the business of healthcare.”
EngageThe October 2018 release expands upon WEX Health’s
commitment to creating a personalized and highly targeted
experience for consumers. In addition to the updated look and feel
of the Consumer Portal, virtually all home page components are
customizable through the personalization engine. This allows
partners and employers to provide the right messages to the right
consumers at the right time, ultimately helping consumers maximize
their healthcare benefits. For example, a consumer with a health
savings account (HSA) could make his/her healthcare dollars go
further or maximize saving for retirement based on suggestions
delivered via customizable messages. These latest enhancements
allow partners to offer a truly customized experience for each
consumer based on more than 25 different criteria.
GrowAs balances in HSAs continue to grow, investment
capabilities are becoming increasingly important to both employers
and partners in meeting the financial goals of consumers. With the
October Release, the investment capabilities in WEX Health Cloud
take a major step forward by providing greater flexibility for
consumers to move dollars to and from their accounts. This includes
the ability to direct contributions and liquidations from a
particular fund as well as the ability to continue leveraging the
solution’s automated sweep capabilities. The new investment portal
also provides tailored educational content as well as an investment
guidance wizard for HSA investors. In addition to the new
investment capabilities, consumers can now view statements and
notifications and provide identity verification documentation
through the WEX Health Cloud Mobile App to make the process of
opening an account even easier.
SimplifyMore than 20 new metrics have been added to the
Administrator Dashboard to provide partners important insights into
their business and how it compares to the broader WEX Health
ecosystem. Smartview reports can now be scheduled and delivered to
the Administrator Portal, Employer Portal, or an OnDemand Consumer
Notifications distribution list rather than manually running the
reports each time. Also, to provide additional insight and a more
expansive data view, the detail level of the Administrator
Dashboard now supplies historical, scenario-based chart content
with more variables by introducing the ability to filter by plan
type and by date range.
WEX Health partners connect WEX Health to more than 300,000
employers, ultimately helping the company serve more than 25
million consumers across the United States and Canada.
About WEX Inc.Powered by the belief that complex
payment systems can be made simple, WEX Inc. (NYSE: WEX)
is a leading provider of payment processing and business solutions
across a wide spectrum of sectors, including fleet, travel and
healthcare. WEX operates in more than 10 countries and in more than
20 currencies through more than 3,500 associates around the world.
WEX fleet cards offer 11.5 million vehicles exceptional payment
security and control; purchase volume in its travel and corporate
solutions grew to $30.3 billion in 2017; and the WEX
Health financial technology platform helps 300,000 employers
and more than 25 million consumers better manage healthcare
expenses. For more information, visit www.wexinc.com.
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WEX HealthTiffany Wirth, 701-461-6473twirth@wexhealthinc.com
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