HealthAxis.com and Insure.com Announce Health Insurance Content Partnership Business Wire - April 29, 1999 08:31 WEST HARTFORD, Conn./EAST NORRITON, Pa.--(BUSINESS WIRE)-- April 29, 1999--
Leading Online Provider of Consumer-Friendly Insurance
Information to Supply HealthAxis.com with Unique and
Comprehensive Content
HealthAxis.com, the Internet's leading online insurance marketer and a subsidiary of Provident American Corporation (NASDAQ: PAMC) and Insure.com, the Internet's leading consumer insurance information source, today announced a partnership that will make Insure.com's unique and comprehensive content about health care insurance available to HealthAxis.com consumers.
Under the agreement, Insure.com will provide HealthAxis.com with informational materials such as insurance basics, product examinations, product analysis, advisory materials and newsworthy industry events. In addition, the two companies will collaborate to develop exclusive editorial content for HealthAxis.com consumers. The Insure.com content will be integrated into the HealthAxis.com Web site beginning in June, 1999.
Michael Ashker, Chief Executive Officer of HealthAxis said, "This partnership provides HealthAxis.com with industry-leading, consumer-friendly content that further enhances the Company's leadership position in the online distribution of health insurance. Now HealthAxis.com is not only the best place to buy insurance on the Web, but it's also the best place to learn about it. Our agreement with Insure.com is another step toward reinventing how consumers purchase health insurance."
Said Philip Moeller, President of Insure.com, "Today's agreement underscores Insure.com's position as the Internet's leading source of consumer-friendly, insurance-related content. We believe the Internet is the perfect medium for learning about insurance, as well as evaluating and buying it. HealthAxis.com will be able to provide our content to millions of consumers, through its exclusive distribution agreements with AOL, Lycos, C-Net and Snap!"
About HealthAxis.com
HealthAxis.com, Inc., a subsidiary of Provident American Corporation, is a pioneer in the Internet distribution of health and life insurance to the individual and small group markets. HealthAxis.com is a "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!
About Insure.com
Insure.com, the Consumer Insurance Guide (http://www.insure.com), delivers accurate, unbiased insurance news for consumers on the Internet. The company's mission is to help consumers navigate the world of insurance with tips, in-depth information, and expert guidance on auto, homeowners, health, life, and business insurance, as well as annuities. Insure.com is an independent news site and is neither owned nor operated by an insurance company. Insure.com does not sell insurance on the Internet, but is dedicated to providing the most comprehensive and consumer-friendly source for insurance information online.
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. |