Yahoo deal Wednesday September 1, 7:01 am Eastern Time
Company Press Release
SOURCE: HealthAxis.com
HealthAxis.com Announces Marketing Agreement With Yahoo!
HealthAxis.com Advertising to Target Its Key Demographic Audiences Through Agreement
EAST NORRITON, Pa., Sept. 1 /PRNewswire/ -- HealthAxis.com, the Internet's leading fully transactional health insurance Web site and a subsidiary of Provident American Corporation (Nasdaq: PAMC - news), today announced a marketing agreement with Yahoo! Inc. (Nasdaq: YHOO - news), a leading global Internet media company.
As part of the agreement, HealthAxis.com will run advertising throughout the Yahoo!® network of properties and will target key demographic segments such as entrepreneurs and small businesses. HealthAxis.com will also participate in Yahoo!'s permission marketing campaign utilizing Yahoo! Direct, one of the Web's premier online permission marketing programs.
Michael Ashker, president and chief executive officer of HealthAxis.com, said: ''We are very pleased to be working with Yahoo! because of its industry- leading reach to our key demographic audiences on the Internet. We also are looking forward to participating in Yahoo! Direct, which will provide us with even more knowledge about our potential customers to help us target them more effectively.''
Anil Singh, senior vice president of sales, Yahoo!, said: ''HealthAxis.com is a great addition to the progressive marketers that use the powerful Yahoo! Direct platform and permission marketing to build relationships with millions of Yahoo! users.''
About HealthAxis.com
HealthAxis.com, Inc. is a pioneer in the Internet distribution of health and life insurance to the individual and small group markets. HealthAxis.com is a fully-transactional, ''digital insurance agent.'' HealthAxis.com does not engage in any insurance underwriting and assumes no underwriting risk. Through its interactive, user-friendly, one-stop healthcare insurance Web site, healthaxis.com, HealthAxis.com provides customers with access to and the ability to purchase a full range of high quality, flexible insurance products and services at very competitive prices. HealthAxis.com also provides product and health information, instant price quotes, electronic application processing, online billing, claims status, policy or personal information changes, and a customer hotline. Policyholders can easily and conveniently view billing information, claims history and policy details -- day and night, 7 days a week. HealthAxis.com has Internet distribution agreements with AOL (Keyword: HealthAxis), Lycos, CNET and Snap.com. HealthAxis.com is currently in the process of merging with its parent company, Provident American Corporation (Nasdaq: PAMC - news).
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