Insphere Insurance Solutions® Begins Marketing Humana® Medicare Supplement Insurance Plans Nationwide Insphere Insurance Solutions

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Insphere Insurance Solutions® Begins Marketing Humana® Medicare Supplement Insurance Plans Nationwide

Insphere Insurance Solutions Expands Product Portfolio to Include Medicare Supplement Insurance Plans from Humana
 

DALLAS/FORT WORTH – July 11, 2011 – Insphere Insurance Solutions (http://www.insphereis.com) announced today that its agents have begun marketing Humana’s portfolio of Medicare supplement insurance (http://www.humana-medicare.com) plans nationwide.

“Insphere Insurance Solutions began marketing Humana’s individual health insurance products last year and we are excited to be able to expand our product portfolio to include their Medicare supplement insurance products,” said Ken Fasola, Insphere’s president and chief executive officer. “Humana is a great brand and they consistently earn high marks from their members for their service and product designs.”

Insphere Insurance Solutions will market Humana’s full Medicare supplement portfolio which includes A, B, C, F, High Deductible F, K, L, and N plans. Plans offered vary by state. These plans are designed to help cover some of the costs not covered by Medicare Parts A and B such as deductibles and coinsurance.

Extra services for Humana Medicare supplement insurance plan members include:
•  Humana Active Outlook® Program
•  HAO Magazine
•  QuitNet® Comprehensive smoking cessation program
•  SilverSneakers® Fitness Program
•  Vision Discount Program
•  Rx Discount Program
•  HumanaFirst® 24-hour nurse advice line
•  MyHumana.com

“Our agreement with Humana illustrates Insphere’s commitment to expanding its portfolio of life, health, long-term care and retirement insurance products to better meet the range of needs within the middle-income market,” said Fasola. “We believe that our selection of nationally recognized companies like Humana, combined with our agents who provide personalized service and understand the unique needs of the individual insurance buyer, enables Insphere to deliver an unmatched level of service to our clients.”

Insphere Insurance Solutions is actively recruiting new and experienced insurance agents and experienced field leaders with an objective of doubling the number of agents over the next few years.

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About Humana
Humana Inc., headquartered in Louisville, Kentucky, is a leading consumer-focused health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com.
 

About Insphere Insurance Solutions

Insphere Insurance Solutions, Inc. is a distribution company that specializes in meeting the life, health, long-term care and retirement insurance needs of small businesses and middle-income individuals and families through its portfolio of highly rated products offered by nationally recognized insurance carriers. Insphere is an authorized agency in all 50 states and the District of Columbia with approximately 2,600 agents nationwide. For more information, please visit www.insphereis.com.


 

CAUTIONARY STATEMENT FOR PURPOSES OF THE "SAFE HARBOR" PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release may include forward-looking statements relating to Insphere Insurance Solutions, Inc. that are subject to certain risks, uncertainties and assumptions.  Such forward-looking statements are intended to be identified in this document by the words "anticipate," "believe," "estimate," "expect," "intend," “may,” "objective," "plan," "possible," "potential," “project” and similar expressions.  Actual results may vary materially.  Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them to reflect changes that occur after that date.  Factors that could cause actual results to differ materially include, but are not limited to, the effect of recently enacted national health care reform legislation on our business; other legal or regulatory developments which may adversely affect our business including, but not limited to, laws or regulations which impede our ability to obtain effective leads; any failure to comply with applicable law or regulations; our ability to maintain applicable licenses; our ability to enter into and maintain satisfactory relationships with insurance carriers and agents; our ability to implement and maintain various information technology and administrative systems, platforms and processes necessary to successfully run the businesses, or the failure of such systems, platforms and processes to provide timely and accurate information; our reliance on outsourcing arrangements, which may subject us to risks related to business disruption or otherwise adversely affect our operations; termination of agreements with insurance carriers or revisions to contract terms which may adversely affect our business; the failure of insurance carriers to pay us in a timely and accurate manner or to provide us with data required to support product sales and accurately pay our agents; and the failure of an insurance carrier to administer underwritten business in an appropriate manner, which may lead to customer dissatisfactions and the lapse or cancellation of policies for which we and our agents receive commissions. Like any business, the progress and success of the company entails substantial uncertainty. There can be no assurance that other factors not currently anticipated by the company will not materially and adversely affect our financial condition and results of operations.  Readers are cautioned not to place undue reliance on any forward-looking statements made by us or on our behalf.

Media Contacts:

Donna Ledbetter
(817) 255-5405
Donna.Ledbetter@InsphereIs.com

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