Alliance Healthcard's Health Savings Card Purchased by State Farm Insurance for Its Medicare Supplement Policyholders.Business Editors & Health Writers ATLANTA--(BUSINESS WIRE)--May 22, 2002 Alliance HealthCard, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ALHC ALHC American Lindy Hop Championships (swing dancing competition) ALHC Associate, Life & Health Claims ) announced today the signing of a renewable three-year contract with State Farm Mutual Automobile Insurance Company a health savings card to be called the Good Neighbor Advantage Card. State Farm will purchase the savings cards directly from Alliance. The State Farm Good Neighbor Advantage Card will be distributed by Alliance to State Farm's national Medicare supplement policyholders at no cost to them. Alliance and State Farm anticipate that almost 200,000 policyholders will receive the card by year's end. The Good Neighbor Advantage Card will give these policyholders discounts on their drug purchases within Alliance's drug store network that exceeds 45,000 stores nationwide. In addition to discounts on their drug purchases, the Alliance Good Neighbor Advantage Card will entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: State Farm policyholders to discounts on vision, dental, hearing, chiropractic chiropractic (kīrəprăk`tĭk) [Gr.,=doing by hand], medical practice based on the theory that all disease results from a disruption of the functions of the nerves. and alternative medicine services; and diabetes management This article is about the management of diabetes mellitus. For more on the disease itself see diabetes mellitus. Diabetes is a chronic disease with no cure as of 2007. It is associated with an impaired glucose cycle, altering metabolism. and supplies. A 24-hour nurse line service will also be available under the Good Neighbor Advantage Card. State Farm designed this program to help its senior Medicare supplement policyholders save money on services not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. by Medicare. Many seniors have limited resources for healthcare expenses. "We are delighted with this new partnership with State Farm and the opportunity to provide its Medicare supplement policyholders valuable healthcare savings," said Robert D. Garces, Chairman and Chief Executive Officer, Alliance HealthCard. "At a time when health care costs are accelerating, State Farm is to be commended for its vision in providing, at no cost to its policyholders, this important benefit," Garces added. Alliance HealthCard is a leading national healthcare provider delivering prescription and healthcare service savings programs. The company primarily focuses on selling its products through retail pharmacies, alternative medicine practitioners, and health insurers. Alliance has a national network of over 300,000 healthcare professionals in 16 different major specialty areas and markets other goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. at discounts to its members. For additional information on Alliance HealthCard, please visit its website at www.alliancehealthcard.com or contact Robert D. Garces, Chief Executive Officer. |
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