IAC Releases New Short-Term Medical Plan in 22 States

March 29, 2006

Phoenix, AZ - Insurers Administrative Corporation today announced the launch of TriMedSTM, a new short-term medical insurance plan that offers affordable coverage to individuals and families in 22 states and the District of Columbia. Ordinary short-term health insurance allows the purchaser to specify how long he/she would like coverage, limited to 12 months in most states. TriMedSTM is unique in that applicants can elect to extend coverage for up to three 12-month coverage periods.

"TriMedSTM is a great solution for those between jobs, on new hire waiting periods, college students, part-time employees and anyone looking for an alternative to COBRA coverage." said Brad Waldrop, IAC Vice President of Sales. "The fact that purchasers can select coverage for up to three 12-month periods helps to combat the number of those without insurance."
Recent surveys conducted through the US Department of Health and Human Services show that roughly 19% of Americans are uninsured.

Additionally, TriMedSTM applicants will not need to indicate if they have been denied health insurance. Waldrop sees this as a big benefit. "Most other short-term health insurance plans exclude anyone that has been denied health insurance during the past 12 months. By not including this barrier on the application for insurance, TriMedSTM is a great option for those that would otherwise be excluded coverage under a different plan."

TriMedSTM also includes a prescription drug discount program and nationwide discounts through a preferred provider network. TriMedSTM is now available in: AL, AR, AZ, DE, FL, GA, HI, IA, IL, MO, NE, NM, OH, OK, OR, PA, SC, TN, VA,  WI, WV, WY and Washington, DC. For more information, contact IAC at (800) IAC-0843.

About IAC

Insurers Administrative Corporation is a uniquely qualified benefits management team specializing in the administration and distribution of health benefit plans. Comprehensive services include marketing support services, underwriting, billing and claims processing for fully-insured, self-funded and partially self-funded benefit plans, as well as international groups and individuals. Cost containment services such as utilization review, medical case management, more than 60 PPOs servicing the United States, Centers of Excellence and a professional anti-fraud program are included in our services.

IAC is a subsidiary of Independence Holding Company (NYSE: IHC).

For more complete information, contact

Jarrod Gold, IAC
800-446-1223
[email protected]
www.iacusa.com

Scott Reiland, IAC
800-446-1223
[email protected]
www.iacusa.com