Leading U.S. Bank Now Provides Online Access to Health Insurance Plans For Small Business, Individuals and Families
Columbus, Ohio and Sunnyvale, Calif. January 24, 2001 – eHealthInsurance (www.ehealthinsurance.com), the leading online destination for individual, family and small business health insurance, and Bank One Corporation (NYSE:ONE) have created a strategic alliance to offer a resourceful health insurance marketplace to Bank One customers through www.bankone.com. Bank One has eight million retail customers and 425,000 small business customers.
eHealthInsurance will be the provider of a range of health insurance choices to Bank One’s small business customers and individual bank customers. Visitors to www.bankone.com will be able to use eHealthInsurance’s free online services to research and compare a multitude of health insurance plans and ancillary products, including dental and vision coverage, from some of the nation’s leading health insurance carriers. Bank One customers can also apply online for the coverage that meets their needs, saving them time and money.
“As the online leader in health insurance, our mission is to educate consumers and small business owners that health insurance is both affordable and attainable,” said Gary Lauer, CEO of eHealthInsurance. “The Bank One and eHealthInsurance partnership provides Bank One customers with a free service they can use from the convenience of their home or office to more quickly and easily get the right health insurance for themselves, their families, or their employees.”
“Providing health insurance for their employees is a critical concern to small business owners, just as finding and getting the right, affordable health insurance is a major concern for individuals and families,” said Bruce Luecke, General Manager of bankone.com, the online arm of the nation’s fifth-largest bank holding company. “Bank One is committed to helping our customers manage all aspects of their financial services, which is why we’ve partnered with eHealthInsurance. When customers come to www.bankone.com to look for health insurance, they now have access to an extensive array of health insurance options from a proven leader in the online health insurance market.”
Founded in 1997, eHealthInsurance (www.ehealthinsurance.com) markets individual, family and small group health insurance and was responsible for the nation’s first Internet-based sale of a health insurance policy. The company has become the #1 destination for purchasing health insurance online by offering the broadest selection of health insurance companies and plans nationwide at the best available prices, and delivering unparalleled customer service through qualified agents.
eHealthInsurance is funded by Dell Computer, Goldman Sachs, Kleiner Perkins Caufield & Byers, The Sprout Group (Credit Suisse First Boston), Lightspeed Venture Partners (formerly Weiss, Peck & Greer Venture Partners) and QuestMark Partners, L. P. The management team and board include former or current executives of Healtheon, PacifiCare, Foundation Health, Aetna, United Healthcare, IBM, MetaCreations, Silicon Graphics, MetLife and other leading healthcare and technology companies.
About Bank One
Bank One Business Banking is the third largest provider of loans to small businesses in the country. A recent study by the United States Business Administration ranked Bank One as one of the top-five “small business friendly” banks in the nation.
BANK ONE CORPORATION (NYSE:ONE) is the nation’s fifth-largest bank holding company, with assets of more than $270 billion. Bank One offers a full range of financial services to commercial and business customers and consumers. It can be found on the Internet at www.bankone.com.
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