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WageWorks Continues Growth of Health Savings Accounts through Expanded Partnerships

SAN MATEO, Calif., April 17, 2019 (GLOBE NEWSWIRE) -- WageWorks, Inc. (NYSE: WAGE), a leader in administering Health Savings Accounts (HSAs) and other Consumer-Directed Benefits, announced a new partnership with Benefitfocus that integrates WageWorks’ HSA offering, along with the company’s full product portfolio, into the BenefitsPlace Platform™ for employers and brokers.

In addition to the alliance with Benefitfocus, WageWorks partners with Liazon, Paycor and other well-known industry leaders to provide brokers and employers with HSA, Health Reimbursement Arrangements, Flexible Spending, Dependent Care and Commuter benefits through a simple, seamless experience. WageWorks removes the administrative complexities of delivering these benefits programs by providing partners with unrivaled, dedicated support, in-depth analytics and insights, robust tools and revenue share opportunities. 

“We’re pleased to extend the benefits of WageWorks’ HSA offering to millions of potential participants through this partnership,” said President and CEO Edgar Montes. “WageWorks has a long track record of delivering unmatched value to our partners and their customers, and we look forward to continued success with Benefitfocus.”

About WageWorks
WageWorks, Inc. (NYSE: WAGE) is a leader in administering Consumer-Directed Benefits (CDBs). WageWorks is solely dedicated to administering CDBs, including pre-tax spending accounts, such as Health Savings Accounts (HSAs), health and dependent care Flexible Spending Accounts (FSAs), Health Reimbursement Arrangements (HRAs), as well as Commuter Benefit Services, including transit and parking programs, wellness programs, COBRA, and other employee benefits. WageWorks is headquartered in San Mateo, California, with offices in major locations throughout the United States. For more information, visit www.wageworks.com.

Media Contact:

Elizabeth Anderson
WageWorks, Inc.
972.984.0800
Elizabeth.Anderson@Wageworks.com

 

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WageWorks, Inc.