Health benefits for Taft-Hartley union health funds
Whether your fund is self-administered or uses a third-party administrator (TPA), the WEX benefits platform empowers you to:
- Personalize your support of members, fund managers, and trustees
- Offer a full suite of compliant benefits, including health reimbursement arrangements (HRAs)
Member benefits to meet your specific union plan needs
WEX solutions are not just Taft-Hartley compliant, they are flexible to provide the right HRA and other benefits for your organization.
One platform to manage all benefits
Fund managers need an integrated technology platform that equips them to carry out daily operations and meet compliance expectations. With the WEX benefits platform, HRAs, COBRA, VEBAs, LSA and wellness accounts, non-discrimination testing, and more can be easily managed.
- Give members a multi-purse, fully stackable card offering for all benefit plan types
- Track account funds by member
- Dynamically screen members
- Manage month-to-month eligibility
- Roll over funds based on plan rules
- Instantly suspend, terminate, and reactivate cards
- Provide 24/7 transaction and balance information to members
- Support from our expert partner relationship team
A simplified experience for members, administrators, and trustees
With tools like the member portal, mobile app, and benefits card, your members get:
- 24/7/365, on-the-go access to their accounts
- Funds automatically deducted from the applicable benefit account for payment
- The ability to check account balances and contributions
- The option to submit a claim for reimbursement via ACH or check
Administrators get a simplified experience when it comes to:
- Digital claims and payment processing
- Automated and manual reimbursements
- Cost management (no IT costs or transaction fees!)
- Supplying funds based on time and attendance calculations
Trustees can effectively prioritize member wellness:
- A Taft-Hartley compliant platform
- Robust analytics and easy-to-use reporting
Expand your fund management capabilities
(*Represents Q2 2023 average)
(*as of January 2023)
Customizable and compliant benefits
Stay connected
Subscribe to our Benefits Buzz blog and podcast and follow us on social media to receive all our industry insights.
"*" indicates required fields