BenefitMall and HealthSmart Join Forces to Offer New Self-Funded Benefit Solution

BenefitMall has entered into a strategic marketing agreement with HealthSmart Benefit Solutions. Beginning December 1, 2008, HealthSmart will become BenefitMall's integrated self-funded solution for employer groups with 50 or more enrolled employees.

Dallas, TX (Vocus) November 25, 2008 -- BenefitMall has entered into a strategic marketing agreement with HealthSmart Benefit Solutions. Beginning December 1, 2008, HealthSmart will become BenefitMall's integrated self-funded solution for employer groups with 50 or more enrolled employees.

As the nation's leading group insurance general agency, BenefitMall's producer partners had been asking for a competitive, flexible and cost effective self-funded solution. HealthSmart, one of the nation's largest independent healthcare solutions company, will be providing a fully integrated self-funded program designed to improve member health and reduce costs. HealthSmart will be utilizing industry leading care management including predictive modeling, aggressive prescription benefit management, effective network solutions, competitive stop-loss pricing and superior service to deliver on BenefitMall's customer needs. The new product will be branded under the name Advanced Solutions.

John Mathews, president BenefitMall Self-Funded division, said, "BenefitMall is committed to delivering solutions that work, and HealthSmart's commitment to service and controlling cost was important in our decision."

BenefitMall has seen a dramatic increase in requests for self-funding options. Alex Arnet, chief sales officer of HealthSmart, says, "HealthSmart provides BenefitMall the strong cost control solutions necessary to offer affordable benefits to their clients while still delivering the necessary flexibility to meet their clients' unique needs."

About BenefitMall:

Headquartered in Dallas, Texas and in business for more than 25 years, BenefitMall is the nation’s largest general agency supporting brokers in the selling of employee benefits to small businesses. Offering sales support in 33 U.S. markets serving 11 states, BenefitMall sells more than $3 million in new premiums per day through a national network of more than 15,000 independent registered Brokers. With over 100,000 in-force groups, BenefitMall supports nearly two million employees and their dependents. BenefitMall offers small-business brokers thousands of plans from more than 100 leading insurance carriers, either directly through the Company’s sales offices, or via its website, http://www.benefitmall.com.

About HealthSmart:

HealthSmart Holdings, Inc., with its subsidiaries, comprise an innovative healthcare solutions company servicing over 1.7 million members and managing over $3.2 billion in claims. It is headquartered in Dallas, Texas with 11 service operations around the country. HealthSmart is dedicated to delivering integrated self-funded solutions utilizing its proprietary products and services including provider networks, care management, prescription benefit management, primary clinic management, benefit administration and stop-loss. HealthSmart's mission is to improve member health, reduce costs and deliver "smarter" healthcare solutions. To learn more about HealthSmart and its related companies, visit www.healthsmart.com.

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