Healthaxis Appoints John M. Carradine President and COO.

Business Editors/Health/Medical Writers

IRVING, Texas--(BUSINESS WIRE)--Feb. 25, 2004

Healthaxis Inc. (Nasdaq:HAXS), a leading technology enhanced provider of fully integrated BPO solutions and services for health benefit administrators and health insurance claims processors, announced that John M. Carradine has been appointed President and Chief Operating Officer of the Company. Mr. Carradine's new role is in addition to his current responsibilities as CFO of the company, and President of Healthaxis Imaging Services. Accordingly, Mr. Carradine will now have responsibility for all of the company's operations.

Carradine joined Healthaxis Inc. as Chief Financial Officer in March 2001. He assumed the role of President of Healthaxis Imaging Services in July 2002. He has more than 20 years of financial management and successful line operations experience in technology based companies. Before joining Healthaxis, Carradine served as Chief Financial Officer and Treasurer for Micrografx, Inc. from October 1998 to March 2001. He also served on the Board of Directors of Micrografx until its sale to Corel Corp. in late 2001. Prior to Micrografx, Carradine worked in various financial executive positions, including Chief Financial Officer of Intellicall Inc. from 1990 to 1998, a publicly traded telecommunications company. Prior to that time Carradine was employed for eight years in executive finance and accounting capacities at Computer Language Research, Inc., a data services and software provider. He began his career as a public accountant with Arthur Young & Company.

Commenting on the appointment, company Chairman and CEO James W. McLane, said, "I am pleased the Board approved my recommendation to elevate John to this position. I am confident Healthaxis will benefit from John's disciplined and creative approach to enhancing our delivery capability and executing on our commitments. John demonstrated his capability in this regard through his rapid and successful turnaround of our BPO services business. John's acceptance of these added operational responsibilities will allow me more time to focus on our top-line growth and the development of appropriate strategic relationships."

For information on Healthaxis products and services, call [phone] or visit www.healthaxis.com. For investor information, call [phone].

Forward-looking statements:

Statements that are not purely historical facts, including without limitation statements about anticipated or expected future revenue and performance, constitute forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1934, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. Such factors include without limitation the risks and uncertainties identified in our documents filed with, or furnished to, the Securities and Exchange Commission, including those identified under the caption "Business-Risk Factors" in our Form 10-K for the year ended December 31, 2002. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on forward-looking statements.