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Citizens Republic Bancorp Selects HealthPlus as Sole Provider of Health Insurance for 2009
Date:11/25/2008

FLINT, Mich., Nov. 25 /PRNewswire/ -- Citizens Republic Bancorp has selected HealthPlus Insurance Company to become its sole health insurance carrier for all active employees and retirees effective January 1, 2009.

Citizens' 5,000 employees, retirees, and their dependents in Michigan, Ohio, Wisconsin, and Iowa, will be offered an array of PPO plan options through HealthPlus.

"HealthPlus is an outstanding provider of health insurance which like Citizens, has a strong commitment to our state and local community, with headquarters right here in Flint," noted Bill Hartman, chairman, president and CEO of Citizens Republic Bancorp. "We are pleased to strengthen our relationship," he added.

"Our partnership with Citizens Republic Bancorp has a certain historic quality," added David Crosby, HealthPlus president and CEO. "That's not just because we've been privileged to serve Citizens for almost 25 years, but also because we're working together to strengthen and revitalize the communities in which we live and work -- particularly Flint."

"HealthPlus offers a competitive program package. Their creative ideas, responsiveness, and outstanding customer service, coupled with their dedication and flexibility in the implementation process has made this a very positive choice for Citizens," said Donna Aho, Citizens' corporate benefits manager.

During the open enrollment period, all Citizens employees were provided online tools through HealthPlus's custom web site to assist them in selecting the PPO plan best suited for their individual and family needs.

Citizens Republic Bancorp is a diversified financial services company providing a wide range of commercial, consumer, mortgage banking, trust and financial planning services to a broad client base. Citizens serves communities in Michigan, Ohio, Wisconsin, and Indiana as Citizens Bank and in Iowa as F&M Bank, with 235 offices and 265 ATMs. Citizens Republic Bancorp is the largest bank holding company headquartered in Michigan with roots dating back to 1871 and is the 43rd largest bank holding company headquartered in the United States. More information about Citizens Republic Bancorp is available at www.citizensbanking.com.

HealthPlus of Michigan is a nonprofit health-benefits company that, along with its subsidiaries, serves more than 200,000 members statewide and beyond with a comprehensive portfolio of commercial and government health plans and wellness programs. Founded in 1979, HealthPlus -- affiliated with both community-based and national networks of health-care providers -- employs more than 400 people at its Flint headquarters and regional offices in Saginaw and Troy. HealthPlus is recognized by U.S. News and World Report/NCQA as one of "America's Best Health Plans"* In addition, every year since 1999, its Commercial HMO has received "Excellent" Accreditation, the highest rating, from the National Committee for Quality Assurance. Visit HealthPlus on the Web at www.healthplus.org.

*America's Best Health Plans 2008-09 is a trademark of U.S. News & World Report.


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SOURCE HealthPlus Insurance Company
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