HealthAxis.com Launches Dental/Vision Insurance Online; Security Life's Dental/Vision Products Available for Online Purchase Exclusively on HealthAxis.com
EAST NORRITON, Pa.--(BW HealthWire)--Feb. 17, 2000-- HealthAxis.com, a subsidiary of HealthAxis Inc. (NASDAQ:HAXS), and the leading provider of Internet solutions for health care insurance marketing, sales and payer connectivity, and Security Life Insurance Company of America, a leading developer of innovative life and health insurance products and services, today launched Security Life dental/vision insurance products on HealthAxis.com.
Visitors to HealthAxis.com can now purchase Security Life's quality dental/vision insurance products at very competitive rates. The dental products offered include preventive, basic and major (including children's orthodontia), a plan for seniors, and Indemnity and PPO plans featuring access to the CAREington network of 18,000 dental providers. HealthAxis.com is the only Web site where customers can complete the purchase of Security Life's dental/vision products completely online. Once purchased, customers will be able to revisit HealthAxis.com to view billing information, claims history and coverage details online -- day or night, seven days a week.
"Partnering with Security Life not only broadens our insurance offerings to existing customers, but helps attract a significant new demographic -- those lacking employer-sponsored dental/vision insurance," said Michael Ashker, chief executive officer of HealthAxis.com. "Now, customers seeking quality, low-cost supplemental insurance will be able to find it through the ease and convenience of online purchasing."
"The Internet is an important distribution channel for our products, and we chose to partner with HealthAxis.com because of its unique ability to offer customers a complete online purchasing experience, and its superior customer service," said Robert Maxwell, President, Special Markets Division at Security Life Insurance Company of America. "We're confident that HealthAxis.com's extensive market presence will significantly increase exposure of our dental/vision products--and the customer wins by getting a great product at a great price in a great shopping environment."
About Security Life Insurance Company of America
Based in Minnesota, Security Life Insurance Company of America concentrates on pre-need and final expense life insurance, along with supplemental health plans such as dental, vision, and prescription drug products. Security Life operates in 41 states and the District of Columbia, with distribution primarily conducted by general agents, brokers and multi-state marketing organizations. With more than 40 years of insurance experience, Security Life is committed to providing exceptional service and innovative solutions to the changing needs of the insurance marketplace.
About HealthAxis.com
HealthAxis.com, Inc. is the leading provider of Internet solutions for healthcare insurance marketing, sales, and payer connectivity. HealthAxis.com is the only e-healthcare company servicing both the consumer and business-to-business marketplaces with health plan solutions. The Company's consumer Web site, www.healthaxis.com, is a fully transactional, online health insurance agency targeting the individual and small group markets. The Company's proprietary workflow and business application software, built around an application service provider model, enables healthcare payers -- carriers, third party administrators, and large, self-funded groups -- to more efficiently capture, process, and share health plan data over the Internet. HealthAxis.com is headquartered in suburban Philadelphia, with significant operations in Dallas, as well as offices in eight other locations both domestic and abroad. The company employs over 350 IT professionals.
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 HealthAxis Inc.'s (previously Provident American Corporation) reports filed with the Securities and Exchange Commission.
Contact:
HealthAxis.com Schwartz Communications, Inc.
Deidre Holt Doug Russell/Michele Meagher
610-275-3800 781-684-0770
dholt@healthaxis.com dougr@schwartz-pr.com
mmeagher@schwartz-pr.com |