HealthMarkets' Subsidiary Introduces New Suite of Dental Insurance Products for Individuals of All Ages

New dental insurance products from HealthMarkets' subsidiary are available in 26 states

North Richland Hills, Texas – October 20, 2008 – HealthMarkets, Inc. (http://www.healthmarkets.com) announced today that its subsidiary, The MEGA Life and Health Insurance Company, has introduced a new suite of dental insurance products for individuals of all ages in 26 states.

HealthMarkets, through its insurance subsidiaries, is a provider of health insurance products for the self-employed, individuals and families and small businesses.

"Good dental health is an important part of everyone's overall health but often it goes overlooked as people budget for health care," said Phillip J. Hildebrand, HealthMarkets President and Chief Executive Officer. "We are excited to offer these products because they were developed to provide coverage that reflects currently recommended dental care patterns as well as the needs of today's consumers."

The products offer three levels of coverage and do not require the applicant to purchase a health plan or have an association membership. Features of the products include 100% in-network coverage for preventative dental services, orthodontic coverage, lifetime deductibles and online consumer tools. All products are integrated with a national dental Preferred Provider Organization (PPO) that includes 62,000 dentists.

Currently the plans are available in Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Georgia, Iowa, Idaho, Indiana, Kansas, Louisiana, Missouri, Mississippi, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Virginia, Wisconsin, West Virginia and Wyoming. The plans will become available in South Carolina and Texas on October 27, 2008. HealthMarkets anticipates the plans will offered in an additional 15 states in 2009.