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San Francisco, CA — Wednesday, January 9, 2002 — BenefitPoint, the leading Internet-based platform for
the distribution and management of group insurance and financial products, announced that Los Angeles,
California-based Vision Plan of America (VPA) will use BenefitPoint to market and distribute its vision
benefits products and services online. Within BenefitPoint's electronic marketplace, VPA will conduct
business in real time with the leading U.S.-based brokerage and consulting firms across the nation connected
on the platform.
Having served thousands of Californians for the past 16 years, VPA plans to leverage BenefitPoint to deliver
more vision related products and services to a broader audience across the nation with the efficiencies of
the Internet. With streamlined workflows and processes, BenefitPoint will enable VPA to expand and enhance
its existing products and services, enhancing customer service, and strengthen its brand identity within the
insurance marketplace. Both the Los Angeles and San Diego offices are live and ready to respond online to
RFP and renewal requests today.
"This electronic medium enhances the presence of any carrier by facilitating the flow of information," said
Stu Needleman, president of Vision Plan of America. "By speeding up the delivery of proposals and removing
the barriers between the carrier and the broker/consultant, we are able to provide the highest level of
service available."
"This partnership will enable VPA to maximize the speed and efficiency of the Internet to transact business
in real time," said John T. Scatterday, Vice President of Sales for BenefitPoint. "We are delighted to
include VPA with BenefitPoint's growing carrier network of vision partners."
About Vision Plan of America
Vision Plan of America is a service oriented company where the primary focus is on high quality customer
service, as well as outstanding medical care. Vision Plan of America was founded in 1985 in Los Angeles,
and by 1986 had become a Knox Keene licensed capitated vision plan throughout the state of California.
Vision Plan of America currently has a significant presence serving thousands of Californians and has an
Indemnity plan that can service clients outside of the state. The Indemnity portion of the plan is
underwritten by a large national insurance company.
Vision Plan of America provides vision benefits to private enterprise, municipalities, unions, school
districts and individuals throughout California and across the country. By offering a wide selection of
flexible plan designs, they are able to custom create a plan tailored to the clients' specification. Plan
designs include both Employer Paid and Voluntary participation, down to 2 lives or 10% of the group.
Vision Plan of America's president, medical and provider relations directors have combined vision experience
of more than 100 years in California. The presence of Vision Plan of America has recently been enhanced as
the President of Vision Plan of America has been invited to serve on the California Managed Care Board of
Advisors.
About BenefitPoint, Inc.
BenefitPoint delivers the leading Internet-based employee benefits infrastructure for the distribution and
management of group insurance products. As the central nervous system of the employee benefits industry,
BenefitPoint provides a complete set of industry services enabling benefits professionals to manage the
entire group health insurance and benefits lifecycle.
Building on the existing industry relationships among carriers, brokers, employers, and employees, the
BenefitPoint solution combines the efficiency of the Internet with the established distribution model of
the insurance industry to eliminate paper, to make it possible to deliver more products and services, and
to make better information available.
Since general availability in February 2000, the BenefitPoint platform has received widespread industry
adoption from over 30 regional and national insurance carriers as well as over 160 of the leading U.S.-based
brokerage and consulting firms. BenefitPoint is headquartered in San Francisco, CA and may be reached
at 415.277.5600 or at www.benefitpoint.com.
BenefitPoint, Inc. is privately held.
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