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Non-Tech : pamc
PAMC 45.73-0.7%Oct 30 4:00 PM EDT

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To: pat w. who wrote ()11/8/1999 4:01:00 PM
From: Ilya A. Vasserman  Read Replies (2) of 570
 
EAST NORRITON, Pa., Nov 8, 1999 (BUSINESS WIRE) -- HealthAxis.com, a
subsidiary of Provident American Corporation (NASDAQ: PAMC) and the
leading online insurance marketer, was named "Best Insurance Site" at
the November 4, 1999 eHealthcareWorld Awards.

The eHealthcare World Awards, which were presented at the New York
Hilton and Towers, recognize excellence in healthcare Web site design
and development. HealthAxis.com received first prize in its category,
which measured content, style, interface, achievement of objectives,
and "breakthrough impact" for insurance Web sites.

David Peltz, SVP of marketing - online platforms group, accepted the
award on behalf of HealthAxis.com. "HealthAxis.com is changing the way
insurance is purchased by empowering people to research and buy quality
insurance online, without time constraints or sales pressure. We're
pleased that this panel of highly-regarded industry peers recognized
HealthAxis.com and its vision of putting control back in the hands of
insurance consumers." he said.

Through its interactive, user-friendly, one-stop insurance Web site
(www.healthaxis.com), HealthAxis.com customers can purchase a full
range of high quality, flexible insurance products and services at
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.

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 does not engage in any insurance underwriting and
assumes no underwriting risk.

Through its interactive, user-friendly, one-stop insurance Web site,
www.healthaxis.com, HealthAxis.com provides customers with the ability
to purchase a full range of high quality, flexible insurance products
and services at 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, Snap.com and Yahoo!.

Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995: Certain statements made by the Company which are not
historical facts may be considered forward-looking statements,
including, without limitation, statements as to trends, management's
beliefs, expectations and opinions, which are based upon a number of
assumptions concerning future conditions that ultimately may prove to
be inaccurate. Such forward-looking statements are subject to risks and
uncertainties and may be affected by various factors which may cause
actual results to differ materially from those in the forward-looking
statements. For further information which could cause actual results to
differ from the Company's expectations as well as other factors which
could affect the Company's financial statements, please refer to the
Company's reports filed with the Securities and Exchange Commission.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX.
-0-
CONTACT: HealthAxis.com
Investor Contact
Deidre Holt, 610/275-3800
dholt@healthaxis.com
or
Media Contact
Denise Bauwens, 610/279-3561
dbauwens@healthaxis.com

WEB PAGE: businesswire.com

GEOGRAPHY: PENNSYLVANIA NEW YORK

INDUSTRY CODE: MEDICAL
COMPUTERS/ELECTRONICS
INTERNET
INSURANCE

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