Line a baking sheet with parchment paper and set aside.
Melt the white chocolate chips in a microwave-safe bowl in 30-second intervals, stirring between each interval until smooth.
Dip half of each sugar wafer into the melted white chocolate, allowing any excess to drip off. Place the dipped wafers on the prepared baking sheet.
Melt the red candy melts in a separate microwave-safe bowl using the same method as the white chocolate. Dip the other half of each wafer into the red candy melts and place them back on the baking sheet.
Repeat the melting process for the blue candy melts. Dip the remaining half of the sugar wafers into the blue candy melts.
While the chocolate is still wet, sprinkle the red, white, and blue sprinkles over the dipped areas of the wafers.
Allow the chocolate to set at room temperature for about 30 minutes, or until completely hardened. For quicker setting, place the baking sheet in the refrigerator for 10-15 minutes.