Business Services Industry

Digital Insurance Signs Agreement With Anthem, Digital Insurance Increases Anthem's Online Presence

Business Wire, Sept 1, 2000

Business Editors/Health & Medical Writers

ATLANTA--(BUSINESS WIRE)--Sept. 1, 2000

Digital Insurance, a proven provider of Internet solutions for health insurance plan distribution and administration, today announced that it has entered into an agreement with Anthem Inc., one of the country's most prominent health care benefits organizations.

Digital Insurance will provide online access to a selection of Anthem's Blue Cross and Blue Shield products in Indiana and Ohio.

The agreement unites Digital Insurance with Anthem, the only Blue Cross and Blue Shield plan in Indiana and Ohio, to help serve Anthem's customers in these states. The online capability will provide access to Anthem's Personal Protection Plan--a PPO product in Indiana--and Anthem's Community Choice PPO and CMM indemnity products in Ohio.

This agreement marks Digital Insurance's first foray into the Midwest region with these products.

"Our agreement with Anthem adds another well-known and respected health insurance organization to our product offering," said Tom Usilton, President and Chief Executive Officer of Digital Insurance. "Anthem's move into the digital access arena with Digital Insurance is further evidence that leading healthcare organizations are beginning to implement their respective Internet strategies. The point-to-point solution for Anthem clients enhances an already strong e-strategy for Anthem."

"This agreement is another way for Anthem Blue Cross and Blue Shield to be more responsive to meeting the needs of our customers," said Keith Faller, president of Anthem's Midwest operations.

About Anthem

Anthem, Inc. is an Indianapolis-based mutual insurance company providing health care management and insurance products and to over 6.9 million Americans. Anthem, which is based in Indianapolis, is the Blue Cross and Blue Shield licensee for Indiana, Kentucky, Ohio, Connecticut, New Hampshire, Colorado, Nevada and Maine.

The Anthem Blue Cross and Blue Shield companies are independent licensees of the Blue Cross and Blue Shield Association.

About Digital Insurance, Inc.

Digital Insurance, Inc. is an internet enabled on-line distribution channel for insurance carriers to providing small and medium sized businesses the opportunity to compare price, benefits, providers, and other information in the constructing, pricing, and purchasing of health, dental, vision, and other insurance products on-line.

Additionally, Digital Insurance provides small and medium group employers the capabilities to enroll their employees and transact changes in employee status on-line through the electronic interface between the insurance carriers systems and the Digital Insurance web site.

Digital Insurance is headquartered in Atlanta, Georgia, with operations in McLean, Virginia. Digital Insurance's capital partners are the Internet Healthcare Group of Avon, Connecticut and Capital Z Partners of New York.

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, forecasts 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 media contact above.

COPYRIGHT 2000 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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