You seem to be referring to Hatcher's Corollary 2.25. In the book, he explicitly states that it is assumed that each $(X_\alpha, x_\alpha)$ is a good pair.
As for the claim itself, the steps are:
\begin{align} \widetilde H_n (\vee_\alpha X_\alpha ) & \cong H_n (\vee_\alpha X_\alpha, x_0 ) \\ &\cong H_n (\sqcup_\alpha X_\alpha / \sqcup_\alpha x_\alpha, \ \sqcup_\alpha x_\alpha / \sqcup_\alpha x_\alpha ) \\ &\cong H_n (\sqcup_\alpha X_\alpha, \sqcup_\alpha x_\alpha) \\ &\cong \oplus_\alpha H_n (X_\alpha, x_\alpha) \\ &\cong \oplus_\alpha\widetilde H_n (X_\alpha)\end{align}
To spell it out:
- First line: reduced homology is isomorphic to relative homology relative to a point.
- Second line: the wedge sum is homeomorphic to the disjoint union quotiented by the disjoint union of the copies of the base points.
- Third line: $H_n (X / A, A / A) \cong H_n (X, A)$ when $(X, A)$ is a good pair (Hatcher Proposition 2.22).
- Fourth line: the homology of a disjoint union is the direct sum of the homologies of the components. Here, we're using a relative version of this fact.
- Fifth line: reduced homology is isomorphic to relative homology relative to a point.