AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
HEALTHEXTRAS INC. Rockville, Maryland Recent Deal Is The Right Financial Rx For Pharmacy Benefit Manager.(THE NEW AMERICA)
Byline: PETER BENESH
A little zydeco music, please. What else would you play when you've just won a contract to supply pharmaceutical benefits to 200,000 people in Louisiana?
The toe-tapping is coming from the Rockville, Md., headquarters of pharmacy benefit manager HealthExtras Inc., which provides services to small and mid-size managed-care groups and employers.
It announced the Louisiana contract on May 13. It already had a contract for Nevada state employees.
The contract to supply the prescription drug needs of Louisiana's state workers and their families is the company's biggest ever, says analyst Josh Stewart of Sidoti & Co.
It also came at the expense of AdvancePCS, a much larger pharmacy benefit manager, or PBM, that merged with Caremark Rx in March. AdvancePCS previously had the Louisiana contract.
"It's pretty significant," Stewart said. "(HealthExtras feared) the big PBMs would move down into (its) market. It's surprising that HealthExtras is moving up into a bigger market."
- HealthExtras Names Chief Operating Officer; Company Expands Sales Force With...
- Press release article from: Business Wire October 1, 2002 700+ words
...leader," said David T. Blair, Chief Executive Officer of HealthExtras. "We are certainly...sales experience to HealthExtras," said David Blair. "In a short period...services within existing HealthExtras markets and as we expand...
- HealthExtras Announces Membership Increases 50% in Fourth Quarter of '99 As...
- Press release article from: PR Newswire January 27, 2000 700+ words
...Jan. 27 /PRNewswire/ -- HealthExtras, Inc. (Nasdaq: HLEX...number of enrollees joining HealthExtras via the Internet, the Company...product portfolio," said David Blair, HealthExtras Chief Executive Officer. Marketing...
- HealthExtras Adds Top Rated Insurance Underwriter; Addition of Chubb (A++)...
- Press release article from: PR Newswire February 3, 2000 700+ words
...insurance underwriter, to the HealthExtras portfolio. The addition of...We are pleased to support HealthExtras' Internet strategy of providing...the Internet," said David Blair, HealthExtras' Chief Executive Officer...
- HealthExtras and Celtic Insurance Team Up to Offer Consumers Inexpensive...
- Press release article from: Business Wire October 25, 2000 700+ words
...This new partnership expands HealthExtras' supplemental health and disability offerings, and supports HealthExtras' mission of providing quality...affordable," said David T. Blair, HealthExtras' Chief Executive Officer...
- HealthExtras, Inc.
- Reference information from: International Directory of Company Histories Dinger, Ed January 1, 2006 700+ words
...was his son, David T. Blair, who started his business...with United Payors and Blair became financial manager...program. In July 1997 the Blairs launched HealthExtras, LLC, along with Edward...and co-CEO. David Blair became the chief executive...
- HealthExtras Reports Strong Second Quarter Results.
- Press release article from: Business Wire August 1, 2002 700+ words
...HealthWire)--Aug. 1, 2002 HealthExtras, Inc. (NASDAQ: HLEX) Company...Business Successfully Implemented HealthExtras, Inc. (NASDAQ: HLEX) today...annualized run rate," said David Blair, HealthExtras' Chief Executive Officer...
- HealthExtras Reports First Quarter Results Updates 2002 and 2003 Guidance.
- Press release article from: Business Wire May 2, 2002 700+ words
...BUSINESS WIRE)--May 2, 2002 HealthExtras, Inc. (NASDAQ:HLEX...Earnings Consistent With Guidance HealthExtras, Inc. (NASDAQ: HLEX) today...and beyond," said David T. Blair, HealthExtras' Chief Executive Officer...
- HealthExtras, Inc. Accomodates Rapid Growth With Corporate Office Expansion.
- Press release article from: Business Wire December 29, 1999 700+ words
...HealthWire)--Dec. 29, 1999 HealthExtras, Inc. (NASDAQ: HLEX...space. According to David Blair, HealthExtras' Chief Executive Officer...Through its Web site, www.healthextras.com, HealthExtras provides...