HealthAxis.com Wins Bid to Supply Enrollment Technology to the Tpa for the
State of Nevada P E B P
EAST NORRITON, Pa.--(BUSINESS WIRE)--Nov. 16, 2000-- HealthAxis.com, a subsidiary of HealthAxis Inc. (NASDAQ: HAXS - news), and a leading provider of
web-enabling software solutions for healthcare payers and intermediaries, announced today that it will be working with UICI Administrators, a subsidiary of UICI
Corporation (NYSE:UCI - news), a diversified financial services company, to supply the State of Nevada Public Employees Benefits Program with enrollment software
and services for employee benefits management.
The contract covers the State's 29,000 participants and their families.
Under the terms of the agreement, the State of Nevada will buy services from UICI Administrators, with HealthAxis.com supplying the key, enabling technology.
HealthAxis.com will be providing Nevada its proprietary Insur-Admin(TM) software application. Insur-Admin(TM) will offer Nevada's Public Employees Benefits
Program both enrollment and eligibility administration.
The State of Nevada awarded the contract to UICI Administrators and HealthAxis.com following a review of several competing vendors.
Michael Ashker, Chief Executive Officer of HealthAxis.com said, ``Our technology solutions help third party administrators like UICI Administrators better service their
customers and win more contracts for themselves. Working jointly with UICI Administrators, we were able to demonstrate to the State of Nevada that
HealthAxis.com's software technology would ease the administrative challenges of managing a large employee benefits program. We eagerly look forward to serving
the great State of Nevada and hope to replicate this success elsewhere among the public and private sector.''
About HealthAxis.com
HealthAxis.com, a subsidiary of HealthAxis Inc., is a leader in Web-enabling both healthcare payers and the intermediaries through which product is sold and serviced.
The Company's proprietary Insur-Web(TM), Insur-Enroll®, and Insur-Admin(TM) product line allows clients to participate in the emerging digital economy by
integrating client legacy systems into the World Wide Web.
HealthAxis.com customers enjoy reduced costs and enhanced productivity in their core business operations -- including plan rating, distribution, enrollment, and member
services -- through the integration of the Company's advanced, XML-enabled product line.
Additionally, HealthAxis.com provides payers with software and services for claims processing, plan administration, and imaging through the following products:
Insur-Claims(TM), Insur-Dental(TM), Insur-Image(TM), and Insur-Voice(TM).
The Company's customers include leading health insurers, several Blue Cross/Blue Shield organizations, third-party administrators, and Web-based insurance and
benefits marketers. HealthAxis.com is headquartered in suburban Philadelphia, with significant operations in Dallas, as well as offices in eight additional locations both
domestic and abroad.
The Company employs over 350 IT professionals. You can visit HealthAxis on the Internet at: healthaxisasg.com
About UICI Administrators
UICI Administrators has extensive experience in partnering with large self-funded employer groups. The company provides clients with a comprehensive offering,
expanding the traditional claims management products and services to a blend of strategic, state-of-the-art products and services that fit custom requirements.
UICI Administrators offers a program to completely consolidate and manage the enrollment, billing, eligibility, and reconciliation process for large employer groups with
multiple plans and carriers. UICI Administrators is a market leader in the application of Internet and Web based technologies to administer healthcare benefits. The
company currently offers Internet enrollment services and access to our eligibility and administrative systems via the Internet.
UICI Administrators has members in 50 states, Puerto Rico, the Virgin Islands, Costa Rica, Canada, England, Ireland, Scotland, and the Netherlands.
About State of Nevada Public Employees Benefits Program
The Public Employees' Benefits Program provides health coverage for over 29,000 participants and their families. The Program was developed during the 1999
Legislative Session. It's new Board of Directors and Executive Staff have worked aggressively in the past year to improve costs, operations and benefits.
This year's need for a positive open enrollment due to improved selections drove the Program time line for system requirements. Building a complete and accurate
database of both demographics and election choices, as well as improving operations on billing and eligibility resulted in a bid for services.
The Public Employees' Benefits Program was looking for a company who could provide the required expertise and software for the open enrollment and provide
software on an outsource basis going forward.
The software capabilities needed to be web based to bring the Program forward so that web capabilities combined with the Public Employees' Benefits Program
scanning capabilities could be fully realized for the benefit of the participants.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements made 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 and
HealthAxis Inc.'s financial statements, please refer to HealthAxis Inc.'s reports filed with the Securities and Exchange Commission.
Contact:
HealthAxis.com
Steven M. Kaplan, 610/275-3800
skaplan@healthaxis.com
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