Message #16 From:
NewsBot Date: December 13, 2006 05:30:00 AM
NHPR News National Health Partners Announces Plans to Expand Insurance Programs for Health Advantage One
HORSHAM, Pa.--(BUSINESS WIRE)--National Health Partners, Inc. (OTCBB: NHPR), a leading provider of
unique discount healthcare membership programs, announced today that it
plans to launch several new insurance programs that are being designed
to work with the Company’s CARExpress
healthcare discount program. The Company also announced that it sees
sales continuing to grow at a record pace in 2007.
The new programs are being created to combine specific health insurance
benefits that complement the benefits of the Company’s
CARExpress membership programs by reducing or even eliminating the
remaining cost of the discounted service. This new “wrap-around”
approach will provide significant advantages to consumers as well as
businesses through a new low-cost approach that can reduce monthly
insurance expenses by up to 70%. The Company expects to have a portfolio
of up to 10 different programs under the Company’s
newly created Health Advantage One Program. These programs are expected
to be launched in January 2007.
“These new ‘wraparound’
programs provide the best of both worlds for our members because the
CARExpress membership cards provides a ‘point
of service’ discount and the insurance
programs can pay for most, if not all, of the remaining portion of the
medical expense,” stated David M. Daniels,
President and CEO of National Health Partners. “We
have experienced a great deal of success with our CARExpress programs on
a stand-alone basis. We believe that we are now poised to take these
programs to the next level by combining them with insurance programs
under Health Advantage One.”
“Through Health Advantage One, we are
responding to what the marketplace has needed for quite some time –
an inexpensive solution to a growing healthcare crisis,”
continued Mr. Daniels. “We believe that we
will be able to offer specific programs that are tailored to the various
needs of individuals and groups. Our objective is to offer programs that
are priced substantially lower than traditional health insurance
programs, but provide coverage that in many cases are better than full
coverage insurance. We believe that we can offer these new programs from
50%-70% less than what full coverage insurance policies ordinarily cost.”
Mr. Daniels added, “We have made major
strides in building a solid foundation for our future growth. I am
pleased to state that we currently have more cash on hand than we have
ever had in our history and our memberships and sales are at an all-time
high. We continue see more and more opportunities as a result of the
good reputation that we have developed.”
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 “CARExpress.”
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.