# WEX Benefits

> WEX Benefits is the employee benefits business of WEX Inc., combining SaaS, embedded payments and administration for health and other benefit accounts, enrollment, COBRA and compliance. It sells directly to employers and through partners that can use their own branding.

- **Founded:** 1987
- **Headquarters:** Portland, United States
- **Products:** Health savings accounts (HSAs), Flexible spending accounts (FSAs), HRAs, LSAs and commuter benefits, COBRA and direct billing, Benefits administration / My Benefit Express
- **Notable:** Discovery Benefits was a 2018 Inc. 5000 honoree., WEX bought Discovery Benefits in 2019 following a technology partnership lasting more than a decade., The wider Benefits segment reported 8% revenue growth in 2025.

## Products & services

- **Health savings accounts (HSAs)** — Administration, payment access and investment capabilities for eligible health savings accounts.
- **Flexible spending accounts (FSAs)** — Healthcare and dependent-care account administration, claims and reimbursement tools.
- **HRAs, LSAs and commuter benefits** — Employer benefit accounts with configurable reimbursement and spending rules.
- **COBRA and direct billing** — Continuation-coverage administration, notices, elections, payments and reporting.
- **Benefits administration / My Benefit Express** — Enrollment, decision support, payroll and carrier connectivity, and administration services.
- **BeneFITwise Premier and Benefit Assistant** — AI decision support and benefits guidance announced as employer pilots in November 2024.
- **Compliance services** — ACA administration, dependent eligibility verification and nondiscrimination testing.
- **WEX Developer Center** — Benefits integration portal with API documentation, testing environments and self-service tools.

## Achievements

- Discovery Benefits was a 2018 Inc. 5000 honoree.
- WEX bought Discovery Benefits in 2019 following a technology partnership lasting more than a decade.
- The wider Benefits segment reported 8% revenue growth in 2025.

## Latest updates

- **2026-07** — WEX launched its Developer Center for benefits APIs, documentation and testing on July 16.
- **2026-02** — WEX reported 2025 Benefits segment revenue of $797.4 million, compared with $739.5 million in 2024.
- **2024-11** — WEX announced employer pilots for Benefit Assistant and BeneFITwise Premier in My Benefit Express.

## Links

- Website: https://www.wexinc.com/products/employee-benefits/
- LinkedIn: https://www.linkedin.com/company/wex-benefits
- Twitter/X: https://twitter.com/discoveryben
- YouTube: https://www.youtube.com/channel/UCTFT1tF9rmwB4WCjSR1fXaA
- Instagram: https://www.instagram.com/wexatwork/
- Facebook: https://facebook.com/DiscoveryBenefits

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Profile page: https://yespress.io/wex-benefits
Published by YesPress — https://yespress.io
Last updated: 2026-10-21