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Wednesday, February 8, 2006

UniCare unveils health insurance for young Texans

From Austin Business Journal

UniCare Life & Health Insurance Co. introduced a health insurance plan for Texans ages 19 to 29.

About 1.2 million uninsured people between 19 and 29 live in Texas, according to UniCare. Nationwide, nearly half of all full-time workers in that age group lack employer-sponsored health care benefits.

UniCare says applicants for its Sound insurance program can choose from three plans: Gravity Bender, Curb Jumper and The Cruiser. Premiums start as low as $68 a month.

"Too often, young adults risk their financial futures by going without health insurance because they don't understand it or don't think they need it," says Mike Murphy, UniCare's regional vice president for individual and small-group sales.

In December, UniCare introduced six plans for individuals and families and three new plans for small businesses in Texas.

UniCare Life & Health Insurance is a subsidiary of Indianapolis-based WellPoint Inc. (NYSE: WLP), the country's largest health insurer.

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