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Cinergy Health Expands Staff in Face of Dramatic Growth
Date:6/11/2009

Florida-Based Health Insurer Hires 200th Employee

Momentum Builds for Company's Unique Low-Cost Coverage As U.S. Families Grapple with Health Care Insurance Crisis

AVENTURA, Fla., June 11 /PRNewswire/ -- Cinergy Health, a nationwide provider of health insurance benefit programs for the consumer market, today announced the hiring of the company's 200th employee.

"Cinergy Health is a company with a clear mission -- to serve those in America not served or, worse, ill-served by health insurance companies," said Daniel Touizer, Cinergy Health's chairman and chief executive officer. "While seeing that all our performance measures have been exceeded is gratifying, the strongly positive response from consumers is more satisfying. People across this country have come to understand and embrace our unique offer which, in turn, has prompted us to hire, staff and serve our valued clients. We now provide benefits to nearly 50,000 Americans and expect that number to continue to grow."

The company's health insurance program serves the approximately 47 million people in the United States unable to afford health insurance or who cannot qualify for coverage as a result of their health conditions. Interestingly, the fastest growing segment of the uninsured comes from mid-to-upper income households as the cost of health insurance premiums escalates to intolerable levels. The U.S. Census Bureau reports households with annual incomes of $50,000 or more represent nearly 40 percent of the uninsured. In addition, there are the young and healthy, a group of more than 18 million individuals aged 18 to 34 who have no coverage.

"Cinergy Health's approach is to provide -- direct to the consumer -- affordable, flexible health insurance programs that fit people's lives and lifestyles, regardless of income or medical circumstance," added Touizer. "We are very much the right company with the r
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SOURCE Cinergy Health
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