SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : HAXS - Health Axis -- Ignore unavailable to you. Want to Upgrade?


To: Don Hand who wrote (17)2/17/2000 10:14:00 AM
From: Steven M. Kaplan  Read Replies (1) | Respond to of 124
 
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