Simplify benefits. Defeat complexity.

A CDH account is a tax-advantaged account that lets employees set aside pre-tax dollars for eligible healthcare or related expenses. Common types include HSAs, FSAs, HRAs, ICHRAs, and commuter benefits. WEX administers all of them on one platform.

HSAs are employee-owned, portable, and require a high-deductible health plan; funds roll over and can be invested. FSAs are employer-owned with annual contribution limits and limited rollover. HRAs are fully employer-funded reimbursement accounts. Many employers offer more than one to give employees flexibility.

Yes. WEX offers integrated HSA investing experiences, including automated investing tools, adjustable thresholds, investment guidance, and access to more than 8,500 investment options.

Payroll-first platforms tend to be shallow on benefits flexibility, and most HCM tools depend on third parties for the financial accounts side. WEX handles the complex, custom needs of your workforce—including tiered state plans, multi-union accounts, custom HRAs, and deep compliance operations—in ways HCM and payroll companies can’t. Because we own the unified platform and banking infrastructure, your administration, spending accounts, and compliance checks run on a single data engine that eliminates the fragmentation and data drift typical of payroll systems.

BeneFITWise is WEX’s decision support and engagement product. It uses real employee claims data to recommend the right plan at enrollment, then keeps guiding employees year-round with personalized nudges about overpayments, unused benefits, and life events. BeneFITWise Premier extends that with individual claims insights — so employees know when a medical bill might be reimbursable from a benefit policy they forgot they had.

Yes. ACA administration, COBRA, non-discrimination testing, and dependent eligibility verification are all available on the same WEX platform — eliminating the need to coordinate multiple compliance vendors.