MEGA Life and Health Agent Keith Gleason Earns National Award

MEGA Agent receives "2007 Champion First Year Achiever" and Other
Awards at Annual Convention
NORTH RICHLAND HILLS, Texas--(Business Wire)--The MEGA Life and Health Insurance Company
(https://www.megainsurance.com) named Keith Gleason, of Camden, Maine,
the 2007 Champion First Year Achiever, at its annual convention for
insurance agents held at the Hilton Anatole in December in Dallas.

As a subsidiary of HealthMarkets, MEGA is a leading provider of
affordable health and life insurance to the self-employed, individuals
and small businesses.

In his first contest year as a MEGA agent, Gleason not only
finished as the 2007 Champion First Year Achiever, he also set a
company record for new agent sales in a year. Gleason surpassed the
prior national record, held for more than seven years, by almost 30
percent.

"Even more significant than his First Year Achiever award is the
fact that Keith, as a new agent for MEGA, exceeded the sales total of
the company's all-time producing agent," said Jack Heller, Executive
Vice President of UGA, the sales agency for MEGA. "The consistency of
his business, and the ethical manner in which he conducts himself, was
equally matched by the quality of his sales production," added Heller.

Gleason also took top recognition in association membership sales
as well as "Top Five" honors for sales in life insurance, dental
insurance, and income protection products. He logged over 50,000 miles
during the contest year and met with more than 550 Maine residents and
families. Gleason successfully helped 430 of these prospective
clients, and to date has more than 700 policies written. "Keith
encourages all of his clients to call him when in need of assistance,"
said Heller, explaining why he achieves great quality results and
numerous client referrals.

Because of his overall success, Gleason was a keynote speaker and
panel member at the convention's agent workshop. He presented to over
500 agents on the topic of creative marketing.

About The MEGA Life and Health Insurance Company

The MEGA Life and Health Insurance Company
(https://www.megainsurance.com) is an insurance company domiciled in
Oklahoma and is licensed to issue health, life and annuity insurance
policies in all states except New York. MEGA is an indirect-wholly
owned subsidiary of HealthMarkets, Inc.

About HealthMarkets(R)

HealthMarkets, headquartered in North Richland Hills, Texas, is a
provider of health and life insurance products to individuals,
families, the self-employed, Medicare beneficiaries and small
businesses. HealthMarkets offers products and services through its
licensed insurance subsidiaries. The Company's offerings include
individual and self-employed health insurance, small employer group
health insurance, Medicare Advantage Private Fee For Service plans,
life insurance and reinsurance. Through its Consumer Guided Health
Insurance plans, HealthMarkets seeks to provide affordable and
accessible health coverage to individuals and small businesses. For
more information, visit www.healthmarkets.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: Some of the matters discussed in this news release
may contain forward-looking statements that are subject to certain
risks, uncertainties and assumptions. Such forward-looking statements
are intended to be identified in this document by the words
"anticipate," "believe," "estimate," "expect," "intend," "objective,"
"plan," "possible," "potential" and similar expressions. Actual
results may vary materially from those included in the forward-looking
statements. Factors that could cause actual results to differ
materially from those included in the forward-looking statements
include, but are not limited to, general economic conditions; the
continued ability of the Company to compete for customers and insureds
in an industry where many of its competitors may have greater market
share and/or greater financial resources; the Company's ability to
accurately estimate medical claims and control costs; changes in
government regulation that could increase the costs of compliance or
cause the Company to discontinue marketing its products in certain
states; the Company's failure to comply with new or existing
government regulations that could subject it to significant fines and
penalties and/or result in restrictions on its operations; changes in
the relationship between the Company and the membership associations
that make available to their members the health insurance and other
insurance products issued by the Company's insurance subsidiaries;
changes in the laws and regulations governing so-called "association
group" insurance (particularly changes that would subject the issuance
of policies to prior premium rate approval and/or require the issuance
of policies on a "guaranteed issue" basis); significant liabilities
and costs associated with litigation; failure of the Company's
information systems to provide timely and accurate information;
negative publicity regarding the Company's business practices and/or
regarding the health insurance industry in general; the Company's
inability to enter into or maintain satisfactory relationships with
networks of hospitals, physicians, dentists, pharmacies and other
health care providers; failure of the Company's regulated insurance
company subsidiaries to maintain their current ratings by A.M. Best
Company, Fitch and/or Standard & Poor's; and the other risk factors
set forth in the reports filed by the Company from time to time with
the Securities and Exchange Commission.

HealthMarkets Corporate Communications
Donna Ledbetter
(817) 255-5405
Donna.Ledbetter@healthmarkets.com
www.HealthMarkets.com
or
For HealthMarkets
Doug Holt
(312) 596-3487
Doug.Holt@bm.com

Copyright Business Wire 2008