NHLT NEWS
Tuesday February 9, 4:23 pm Eastern Time
Company Press Release
SOURCE: National Health and Safety Corporation
Internet Health Venture to be Launched, Reports National Health & Safety Corporation
WARMINSTER, Pa., Feb. 9 /PRNewswire/ -- National Health and Safety Corporation (OTC Bulletin Board: NHLT - news) announced today that it is in the final stages of joint venture negotiations with several competing Internet companies to provide the nation's first consumer health network.
Dr. Dennis Bowers, CEO of National Health, said that the new network will ''return the power of decision making back into the consumer's hands, where it should be.''
Bowers said the new network, which will be launched before June of 1999, will allow consumers and businesses alike to reduce their current health care costs up to 40% and enable anyone to have on-line access to more than 70% of the doctors, hospitals, pharmacies and other healthcare providers in the United States. ''We already have more than 500,000 providers ready to go nationwide,'' he said.
''The Internet is the perfect medium to bring doctors and consumers together again in a direct alliance,'' Bowers said. ''The consumer will be able to choose a doctor or hospital knowledgeably from real data, before ever making a first visit. Most doctors and hospitals are very ready to provide a substantial discount if they don't have to worry about all the insurance paperwork. And there will be no claims forms to process.''
National Health & Safety said it plans to guarantee a substantial savings on most medical transactions for every person and business, and that the program will work equally well for persons who are presently insured and those who are not insured.
SOURCE: National Health and Safety Corporation
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