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Wells Fargo Offers Online Benefit Administration for Business and Individual Healthcare Consumers
Date:10/4/2007

SAN FRANCISCO, Oct. 4 /PRNewswire-FirstCall/ -- Wells Fargo (NYSE: WFC) today introduced new online portals allowing both businesses and individuals to administer health care benefits online.

Businesses can use the CEO(R) Health Benefit Services to reduce paperwork and increase security of confidential information by administering their employee health benefits online, with all the security of Wells Fargo's best-in-class internet portal, the Commercial Electronic Office(R) (CEO(R)). Individual plan participants, whether employees of Wells Fargo's business customers or individual healthcare consumers, now have the Wells Fargo Health Account Manager(SM), a single, secure site from which to access detailed account activity, claims information, and forms for their high deductible heath plan accounts.

"Unlike other providers, Wells Fargo Health Benefit Services delivers the advantage of an integrated product," said Jose Becquer, executive vice president and head of Wells Fargo Health Benefit Services. "As a diversified financial services company, Wells Fargo speeds up access to healthcare funds and information because we hold not only the account, but also the assets, the investment options, and the processing together under one roof."

In addition to advanced online security and encryption, businesses using CEO(R) Health Benefit Services enjoy a dramatically improved method for submitting benefits information, providing a way to manage employee plans faster and easier. Standard file templates allow for simple uploading of Contribution and Eligibility files, while the ACH Debit electronic funding option eliminates the need for paper checks when submitting contribution funds. Single sign-on to access CEO hel
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SOURCE Wells Fargo & Company
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