PR Newswire
Integration will empower employers and employees to make confident benefit decisions through AI-powered claims data and analytics
Reclaim Health, a leader in AI-powered, claims-driven healthcare financial advocacy, and WEX (NYSE: WEX), a leader in benefits administration technology, announce a new integration that intends to transform the health and benefits landscape for employers and their employees. This collaboration aligns with Reclaim Health’s mission to empower employees and their families in managing their healthcare dollars and optimizing their health coverage.
This integration brings together Reclaim’s innovative platform with WEX’s benefits administration platform. Reclaim powers BeneFITwise Premier, a powerful feature on WEX’s platform, creating a fully integrated solution that will help employees choose and use benefits to get real dollar savings while helping employers contain the rise in healthcare spending. The combined expertise of both companies will provide employer groups with unparalleled support in empowering employees to make smart benefits decisions, leading to financially-well employees and reduced expenses for employers.
Read More: AI and Data Interoperability are Crucial for Success in the Financial Industry
The integration addresses the critical challenges faced by employers and employees in navigating the complex healthcare system. By leveraging Reclaim Health’s AI-powered data-driven platform and WEX’s best-in-class benefit administration technology and deep experience in supporting consumer healthcare financial wellbeing, the alliance is poised to deliver:
- Enhanced claims analysis and insights
- Proactive cost-saving recommendations
- Streamlined benefits selection and administration
- Personalized benefit support for employees, year round
“Our partnership with WEX represents not only a significant market validation of the pressing need for healthcare financial advocacy for employers and their employees but also will allow us to deliver a truly differentiated experience centered on employee value from their health and financial benefits,” stated Nataly Youssef, CEO & Founder of Reclaim Health. “Reclaim is committed to continuous innovation and strategic growth. This partnership represents a significant step forward in our journey to simplify benefits and make healthcare more accessible and affordable for everyone.”
Read More: The Digital Divide: Insurance Industry Races to Bridge Tech Gap Amid AI Push
[To share your insights with us, please write to psen@itechseries.com ]
