In This Article:
Digital shopping solution allows users to purchase grocery and over-the-counter products through a single integrated portal
PORTLAND, Maine, November 21, 2024--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced the release of the WEX Medicare Advantage marketplace, a new digital shopping solution embedded within the member experience of its Medicare Advantage supplemental benefits platform.
This expands the brick-and-mortar merchant network that Medicare Advantage members already have access to with an enhanced online shopping experience that allows members to purchase eligible over-the-counter (OTC) products and grocery items within WEX’s integrated member portal. WEX’s Medicare Advantage marketplace allows members to shop the way they choose – whether that’s online or in a physical retail location.
"This innovative Medicare Advantage marketplace allows our health plan partners to elevate their member’s experience," said Karen Stroup, Chief Digital Officer at WEX. "Delivering this platform demonstrates the agile market leadership WEX is known for – responding to a dynamically changing market with tailored solutions across the continuum of care."
The launch of the WEX Medicare Advantage marketplace underscores the company’s commitment to making it easier for members to understand and access their benefits, including how and where they shop. It also provides health plan partners with meaningful data insights and the security and scale of WEX’s platform technology.
Health plans that partner with WEX can use the Medicare Advantage marketplace solution to increase product access and service for members in rural areas, members who prefer a digital experience, and members who need the option of an in-home shopping experience. The solution is customizable by plan type, offers free and rapid shipping for a variety of OTC products and grocery items (including prepared meals, fresh foods, and shelf-stable goods), as well as call center support for order fulfillment and related member questions.
About WEX
WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.