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Ebix Acquires Online Health
Exchange HealthConnect Systems
Read the press release
HealthMarkets and Agency Solutions Combine to Become HealthConnect Systems
BOHEMIA, NY, Dec 4, 2002 - HealthMarkets and Agency Solutions are proud to announce the formation of HealthConnect Systems. HealthConnect is the result of a merger between the HealthMarkets division of Trizetto and Agency Solutions.
HealthMarkets is the leading multi-carrier quoting and enrollment system for agents and general agents in New York and New Jersey, while Agency Solutions enjoyed a similar position in California. HealthMarkets is also a leading provider of network comparison analysis software in the Northeast, as well as carrier quoting, enrollment and servicing systems for group and individual/family plans.
"Combining these two companies allows us to focus on developing new products tailored to our core clients - carriers, general agents and agents," says Tim Farnan, Chief Operating Officer of HealthConnect, "We will now accelerate the release of several new products scheduled, and the combined team is excited about the opportunity to extend our industry lead."
"Rarely do you find such a compelling, 'hand in glove' fit between two companies," commented Peter Everett, President and CEO of the combined company. "This combination creates the clear leader in technology based quoting, proposal, enrollment and servicing systems for the entire health and benefits industry for carriers, general agents, brokers, employers and employees. HealthConnect is growing dramatically, with over 40 carrier clients, 30 general agent clients, 2,000 agency clients across ten states, up from just a handful of agency clients in a single state less than two years ago."
Development and administration will be operated out of Bohemia, New York while sales, service and content will be maintained locally for both the New York/New Jersey and California markets.
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