NU Online News Service, June 17, 12:53 p.m. – Blue Cross and Blue Shield of Massachusetts Inc., Boston, has picked Wells Fargo Flexible Benefit Services to administer individual health care spending accounts for employer-sponsored defined contribution health plans.

Wells Fargo Flex Benefit Services, a unit of Wells Fargo & Company, San Francisco, now handles recordkeeping and claims administration for more than 300 flexible spending plan and defined-contribution plan clients, Massachusetts Blue says.

Massachusetts Blue plans to launch several defined-contribution plans later this year, the company says.