Healthextras, Inc. - HLEX- Profile

HealthExtras, Inc.. The Group's principal activities are to provide pharmacy benefit management (PBM) services and supplemental benefit programs. The Group operates in two segments: Pharmacy Benefit Management and Supplemental Benefits. The Pharmacy Benefit Management segment includes network pharmacy claims processing, mail order services, benefit design consultation, drug utilization review, formulary management services and drug data analysis services. The Supplemental Benefits segment operates under the brand name Health Extras, which include lump sum accidental disability benefits, accidental death and dismemberment benefits, and emergency accident and sickness medical benefits. The Group operates in the United States. The Group's clients include managed-care organizations, self-insured employers and third-party administrators. On 03- Nov - 2006, the group acquired R/xx Pharmacy Solutions Inc. Pharmacy Benefit Management accounted for 97% of 2006 revenues and Supplemental Benefits, 3%