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WEX’s Health Division Kicks Off WEX SPARK Health 2019

MIAMI BEACH, Fla.--(BUSINESS WIRE)--May 7, 2019-- WEX Inc. (NYSE: WEX), a leading financial technology service provider, today kicked off WEX Health SPARK 2019, its 12th annual go-to industry event, at Fontainebleau Miami Beach. A crowd of WEX’s Health partners, who with WEX help 343,000 employers and more than 28 million consumers better manage healthcare expenses, are in attendance.

Jeff Young, president, Health, WEX, will share with attendees the achievements and momentum that have resulted in more than half of Fortune 1000 companies—52 percent—choosing the WEX Health Cloud as their technology platform for demanding and complex benefit programs. Mel Robbins, best-selling author, entrepreneur and social media influencer, will inspire the crowd with her knowledge and insight on The 5 Second Rule and the science and success behind it.

Partners will see new and upcoming enhancements as well as gain insight into the broader Health product strategy that encompasses features and functionality across business intelligence, health savings accounts (HSAs), mobile, COBRA and billing solutions. Enhancements in the upcoming WEX Health Cloud June Product Release will improve the consumer experience, including CDH Mobile App Quick Receipt Upload and a new COBRA Member Portal Open Enrollment tool. In addition, we continue our commitment to business intelligence through several enhancements to the Administrator Dashboard.

Partners will also get a glimpse of upcoming enhancements to Partner Central, the online Partner Portal, including enhanced navigation and Solution Providers functionality. Since its introduction in March of 2014, Partner Central has seen immense growth, with more than 85 percent of WEX’s Health partners enrolled in the portal.

“Year after year, our annual partner gathering enables us to come together for a powerful agenda of learning, networking and celebrating,” said Young. “We are committed to providing an exceptional value proposition to our partners, and SPARK 2019 is a tremendous proof point of that. We look forward to an incredible time spent with an incredible group of people.”

Key learning from our consumer research report, Clear Insights, which was released during last year’s annual partner gathering, revealed that many people are unaware of the benefits associated with their consumer-directed health plans and/or are not taking full advantage of them. As such, WEX’s Health division invested in a series of consumer-focused research studies, including partnering with Visa to conduct an in-depth qualitative study into the emotions people have about their HSAs and flexible spending accounts (FSAs). A composite summary of findings from all studies will be included in the 2019 research report unveiled at the conference.

At SPARK 2019, WEX’s Health division will launch its new awareness initiative: National HSA Awareness Day (HSA Day). The event, which will take place annually on October 15, will be dedicated to bringing the public and the healthcare benefits industry together to discuss the power of HSAs and their ability to impact some of the most prevalent healthcare issues Americans face today, including: managing health-related out-of-pocket expenses, preparing for unexpected healthcare costs and planning for retirement.

SPARK 2019 will include nearly 90 learning opportunities across concurrent breakout sessions, innovation demo stage presentations, spotlight sessions, learning labs and partner panels. Additionally, the event will include numerous networking opportunities, a sponsor expo and the annual partner awards dinner and program, which celebrates partners’ successes and achievements in simplifying the business of healthcare.

SPARK 2019 is sponsored by strategic and business partners, including 2nd.MD, AHEAD, Allison Payment Systems, a doxim Company, Aon, Axinn, Baker Tilly Vantagen LLC, Benefitfocus, BPAS, Bravo, Change Healthcare, Coherent Solutions, Compass IT Compliance, Dell Technologies, ECFC, FIS, Fiserv, Health-E Commerce, Healthcare Bank, Kotapay, KrowdFit, LearnYour Benefits, Marco, Mastercard, Mutual of Omaha Bank, MyHealthMath, Onlife Health, QRG, RSA, RTO Benefits, The Bancorp, TPA Stream, UMB Healthcare Services, Visa and White Birch View.

SPARK Local events will be held on September 13 in New York City, September 17 in Minneapolis, and October 7 in Denver. These events will continue the SPARK momentum through the year and be comprised of material pertinent to brokers, public sector and sales/marketing individuals, and will also continue the momentum of product release awareness.

Highlights and news announcements from SPARK 2019 will be shared in real time via Twitter #WEXSPARK2019.

About WEX
Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider 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 4,800 associates around the world. WEX fleet cards offer 13.1 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to $34.7 billion in 2018; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses. For more information, visit www.wexinc.com.

Source: WEX Inc.

WEX
Tiffany Wirth, (701) 461-6473
twirth@wexhealthinc.com