Hays Insurance Services to Extend Broker Channel With eHealth Internet Platform

by Lesley Politi on February 5, 2009

eHealth, Inc. (NASDAQ: EHTH), parent company of eHealthInsurance, and Hays Insurance Services today announced an agreement that will enable Hays to sell individual health insurance products over the internet using the eHealthInsurance.com platform. Individuals, families and small businesses seeking to purchase health insurance policies will be able to go to the Hays web site (http://www.haysehealth.com) and search for plans while utilizing the same features and functionality available to consumers at eHealthInsurance.com

Hays Insurance Services is a well-respected broker with a demonstrated commitment to delivering high-quality, consumer-focused service to their customers,” said eHealth Executive Vice President of Business and Corporate Development Bruce Telkamp. “This partnership enables Hays to extend the quality and service that their broker professionals provide in-person and on the phone, to their online channel.”

“As Hays looked to expand its presence to small business and consumer markets, partnering with eHealth was a natural fit,” said Dave Knoop, Senior Vice President of Hays Companies. “eHealth’s commitment to providing a superior product has made them the clear leader in online sales for the small group and individual health insurance market and, with our new web site, we will reach those markets with quality products and a simple online process.”

The new web site will provide individual consumers with access to eHealth’s proprietary health insurance shopping technology, allowing them to review quotes, compare plans side by side and apply for coverage online. The Hays web site will make it easy for consumers to find the plan best suited to their needs, confirm that their preferred physicians are covered, and expedite the application process with electronic signature and payment options.

About Hays Companies

Founded in 1994 in Minneapolis, Minnesota by James C. Hays and five senior-level individuals from major insurance brokerage firms, our company is a privately held corporation with no outside ownership. This structure allows us to go beyond the ordinary and remain focused on your needs and your needs alone. Infused with entrepreneurial spirit, Hays’ team members partner with you to make decisions that add value to your insurance and risk management programs. The result is superior service at a reasonable cost from talented people you can trust. Hays Companies is one of the fastest growing, privately held insurance brokers in the country. Since our founding, we’ve grown to 450 employees in more than 20 offices across the United States. Our expertise is helping clients protect their assets and earnings, manage their risk, and solve their problems with a focus on measurable results.

About eHealth, Inc.

eHealth, Inc. (NASDAQ: EHTH) is the parent company of eHealthInsurance, the nation’s leading online source of health insurance for individuals, families and small businesses. Through the company’s website, http://www.ehealthinsurance.com, consumers can get quotes from leading health insurance carriers, compare plans side by side, and apply for and purchase health insurance. eHealthInsurance offers thousands of health plans underwritten by more than 180 of the nation’s leading health insurance companies. eHealthInsurance is licensed to sell health insurance in all 50 states and the District of Columbia. eHealthInsurance and eHealth are registered trademarks of eHealthInsurance Services, Inc.

Forward-Looking Statements

This press release contains forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995. These include statements regarding Hays’ launch of the platform and the effectiveness of the platform. These forward-looking statements are inherently subject to various risks and uncertainties that could cause actual results to differ materially from the statements made, including risks associated with the implementation of the Hays website, the attractiveness of the website, system failures, malfunctions, bugs or capacity constraints; the performance, reliability and availability of the platform and underlying network infrastructure; ecommerce security risks; and insurance carrier system failure or process breakdown. Other factors that could cause results to differ are described in eHealth’s most recent periodic report as filed with the Securities and Exchange Commission and available on the investor relations page of eHealth’s website at www.ehealthinsurance.com and on the Securities and Exchange Commission’s website at www.sec.gov. eHealth does not undertake any obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.

Source: www.moneycnn.com

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