National Health Partners Announces Exciting New Insurance Programs for Health Advantage One
Posted on: Monday, 13 November 2006, 09:01 CST
National Health Partners, Inc. (OTCBB: NHPR), a leading provider of unique discount healthcare membership programs, announced today that it has unveiled several cutting-edge insurance programs for Health Advantage One. Under Health Advantage One, National Health Partners will offer its CARExpress discount health programs in combination with complementary insurance programs.
National Health Partners will initially offer two innovative programs under Health Advantage One -- a Gold program and a Gold Plus program. The Gold program will consist of the company's CARExpress comprehensive discount health program as well as Accidental Death & Dismemberment (AD&D) insurance, Accident Medical Expense (AME) insurance, and Disability insurance. The Gold Plus program will be similar to the Gold program, but will contain additional amounts of AD&D, AME and Disability insurance. Each program will provide coverage for the member's full family or, at the member's option, coverage limited exclusively to the primary insured.
Members of Health Advantage One will be able to use the insurance component of Gold and Gold Plus programs to cover healthcare costs up to the amount of the coverage limit, and then use CARExpress to obtain discounts on healthcare costs not covered by the insurance component. National Health Partners intends to expand the programs available under Health Advantage One to include limited liability, or Mini-Med, insurance programs and programs designed to complement Health Savings Accounts (HSAs). The company plans to offer its Health Advantage One programs directly to consumers and indirectly through its affiliates, such as the Small Business Network of America, LLCTM, a national membership association of small businesses that uses its group buying power to negotiate discounts and rebates on behalf of its members.
"We are very excited about the upcoming rollout of our revolutionary Health Advantage One programs," stated David M. Daniels, President and CEO of National Health Partners. "The pending completion of our Gold and Gold Plus programs represents the beginning of a new era for National Health Partners and is the result of several months of intense preparation and operational enhancements by the company. We have been working feverishly to finalize the programs and begin offering them to the public due to the overwhelming demand we are experiencing from small businesses and other organizations. We expect to experience an immediate and substantial impact on sales from the rollout of Health Advantage One."
National Health Partners' non-traditional approach to healthcare provides an innovative and cost-effective means for uninsured and underinsured individuals to obtain the healthcare they need at significantly reduced costs. Through its co-branding strategy, the company has networked with prestigious leaders such as CareMark and Aetna to create a revolutionary solution that lowers the costs of prescriptions and medical, dental and vision care through relationship optimization for millions of people.
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpressTM." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the 61 million Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may,""will,""expects,""intends,""plans,""projects,""estimates,""anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's Annual Report on Form 10-KSB and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.
Source: Business Wire
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