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HEALTHPLAN HOLDINGS COMPLETES SALE OF MONTGOMERY MANAGEMENT TO COMPANION LIFE INSURANCE CO.

TAMPA, FL - November 9, 2007- HealthPlan Holdings, Inc. (“HealthPlan”) today announced that it has completed the sale of its subsidiary, Montgomery Management Corporation (“MMC”) to Companion Life Insurance Co., which specializes in Group Insurance and Voluntary Group Insurance products for Employer Groups.

HealthPlan Services and Nationwide Health Plans®

TAMPA, Fla. – January 8, 2007 – HealthPlan Services, the nation’s largest provider of advanced business process and distribution support outsourcing solutions for fully-insured products in the insurance industry, announced today that it has entered an agreement to provide comprehensive business process services to Nationwide Health Plans® (NHP).

American Community Mutual Insurance Company Selects HealthPlan Services Under New Administration Agreement

TAMPA, Fla. October 20, 2005 - HealthPlan Services (HPS) has been selected by Michigan-based American Community Mutual Insurance Company as the administrator for their emerging line of innovative consumer-directed health insurance products. Under this new arrangement, HPS will provide all quoting, billing, enrollment, rate generation, claims, renewal and customer-care services.


As the nation's largest independent Third Party Administrator, HealthPlan Holdings offers an ever-expanding array of services to a diverse and growing client base, including many Fortune 500 companies.

In 2005, the companies of HealthPlan Holdings assisted over 1.4 million consumers with their employee benefit administration by successfully processing 5 million insurance claims, handling over 14 million website transactions, answering 6 million phone calls and supporting over 25,0000 insurance agents. Our proprietary, state-of-the art technology infrastructure is capable of managing the entire administration of an insurance encounter, from quoting to claims adjudication to multi-carrier billing. We are geared to do much more. Our flexible and scalable IT platform has been designed to not only grow with our existing clients, but also to pursue new opportunities beyond our current offerings.

The fully integrated companies of HealthPlan Holdings include:

  • HealthPlan Services, founded in 1970, the nation's largest provider of third party administrative services to the small business, individual and voluntary market
  • American Benefit Plan Administrators, founded in 1951, the nation's third largest provider of administrative services to multi-employer union trusts.

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