The MEGA Life and Health Insurance Company Names Keith Gleason National Personal Producer of the Year

NORTH RICHLAND HILLS, Texas--(BUSINESS WIRE)-- The MEGA Life and Health Insurance Company recently named Keith Gleason, of Camden, Maine, as the company’s National Personal Producer of the Year for 2009, at its annual convention for insurance agents held in December in Dallas, Texas. With this year’s award, he becomes the company’s first ever National First Year Achiever and National Personal Producer of the Year.

In addition to the top personal producer award, Gleason received recognition in ten other categories ranging from top Value Seller Award to President’s Award for both personal and team production.

“I want to congratulate Keith on his continued success, and commend him for the quality and consistency of his business and client relations,” announced Senior Vice President Jack Heller. “Keith works with integrity and an untiring commitment to the company and client. We look forward to him developing other agents to follow in his footsteps.”

“What is most impressive is that Keith was able to take on more responsibility as a District Manager – which involved building and training a team of agents of his own – and maintain his personal production at a level higher than any other agent in the company,” said Division Leader Bruce Libby of Portsmouth, N. H.

Gleason finished the year with over $1.6 million in personal production, which increased his career production to over $6 million in just 3.5 years with the company.

About The MEGA Life and Health Insurance Company

The MEGA Life and Health Insurance Company (https://www.megainsurance.com) is an insurance company domiciled in Oklahoma and licensed to issue health, life and annuity policies in all states except New York. The MEGA Life and Health Insurance Company is an indirect, wholly-owned subsidiary of HealthMarkets, Inc.

About HealthMarkets

HealthMarkets^® is the brand name for products underwritten and issued by the insurance subsidiaries of HealthMarkets, Inc. -- The Chesapeake Life Insurance Company^®, Mid-West National Life Insurance Company of Tennessee^sm and The MEGA Life and Health Insurance Company^sm. Products provided under the HealthMarkets brand are designed to provide personalized protection to individuals, families and the self-employed. For further information regarding products offered by the HealthMarkets’ Companies, visit www.healthmarkets.com. The administrative offices of HealthMarkets, Inc. and its underwriting companies are located in North Richland Hills, Texas. Products are marketed according to the terms of an agreement with an independent, agency distribution company. For more information about the HealthMarkets Companies visit www.healthmarketsinc.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Some of the matters discussed in this news release may contain forward-looking statements that are subject to certain risks, uncertainties and assumptions. Actual results may vary materially from those included in the forward-looking statements. Factors that could cause actual results to differ materially from those included in the forward-looking statements include, but are not limited to, general economic conditions; the continued ability of the Company to compete for customers and insureds in an industry where many of its competitors may have greater market share and/or greater financial resources; the Company’s ability to accurately estimate medical claims and control costs; changes in government regulation that could increase the costs of compliance or cause the Company to discontinue marketing its products in certain states; the Company’s failure to comply with new or existing government regulations that could subject it to significant fines and penalties and/or result in restrictions on its operations; changes in the relationship between the Company and the membership associations that make available to their members the health insurance and other insurance products issued by the Company’s insurance subsidiaries; changes in the laws and regulations governing so-called “association group” insurance (particularly changes that would subject the issuance of policies to prior premium rate approval and/or require the issuance of policies on a “guaranteed issue” basis); significant liabilities and costs associated with litigation; failure of the Company’s information systems to provide timely and accurate information; negative publicity regarding the Company’s business practices and/or regarding the health insurance industry in general; the Company’s inability to enter into or maintain satisfactory relationships with networks of hospitals, physicians, dentists, pharmacies and other health care providers; failure of the Company’s regulated insurance company subsidiaries to maintain their current ratings by A.M. Best Company, Fitch and/or Standard & Poor’s; and the other risk factors set forth in the reports filed by the Company from time to time with the Securities and Exchange Commission.

HealthMarkets, Inc.
Donna Ledbetter, 817-255-5405
[email protected]

Source: HealthMarkets, Inc.