SeeChange Health Named to Fast Company's "World's 50 Most Innovative Companies 2013" List and Reports 560% Revenue Growth in

SeeChange Health Named to Fast Company's "World's 50 Most Innovative Companies
              2013" List and Reports 560% Revenue Growth in 2012

SeeChange Health's unique approach to health care coverage recognized as
industry-changing and leads to rapid growth in revenue and membership

PR Newswire

SAN FRANCISCO, Feb. 14, 2013

SAN FRANCISCO, Feb. 14, 2013 /PRNewswire/ --SeeChange Health
(www.SeeChangeHealth.com), the leader in wellness-centric health care coverage
known as value-based benefit design, announced revenues grew from $7.6 million
in 2011 to $50.2 million 2012.

"We don't take a traditional approach to health care coverage," said Martin
Watson, SeeChange Health's CEO. "We help employers improve the health and
productivity of their workforce while helping control medical costs by
rewarding employees for taking steps to better manage their health. It's a
new, common-sense approach that is rapidly gaining acceptance and our results
certainly reflect this."

In addition to rapid revenue growth, SeeChange Health is experiencing
tremendous membership growth. SeeChange Health Solutions offers a Software as
a Service (SaaS) platform to self-insured employers and health plans,
delivering highly customized benefit designs and incentives aimed at
motivating employees to improve their health. In 2012, SeeChange Health
Solutions served more than 1.1 million consumers, an increase of 185% over
2011.

Launched statewide in California in 2011 and Colorado in 2012, SeeChange
Health Insurance provides value-based benefit plans to fully-insured small and
mid-size employers. The carrier grew to over 22,000 insured members in 2012, a
725% increase over 2011. In the first two months of 2013, SeeChange Health
Insurance grew 50%.

"What's been remarkable, and rewarding, about our growth is how quickly
thousands of businesses and their brokers have embraced our unique approach
that rewards members for improving and managing their health," said Alan Katz,
executive vice president for SeeChange Health Insurance.

The unique value proposition of SeeChange Health is a major reason the company
landed at number 20 on Fast Company magazine's list of the "World's 50 Most
Innovative Companies" for 2013 alongside the likes of Nike, Apple, Google,
Yelp and Amazon. The Fast Company list recognizes the businesses "whose
innovations are having the greatest impacts across their industries and our
culture."

"Our goal is to bring something new, different and better to the health
insurance industry," remarked Watson. "The marketplace has noticed. Having
Fast Company recognize what we're doing is changing the industry encourages
everyone at SeeChange Health. This honor will keep us focused on continuing to
innovate and improve in the years ahead."

About SeeChange Health
SeeChange Health is the leader in value-based benefit design solutions for
employers - delivering plans and services to create better health and quality
of life for employees, increase workforce productivity and lower their health
care costs for employers. SeeChange Health's unique approach encourages
individuals to play an active role in the management of their own health to
prevent, detect and treat today's most serious health conditions. SeeChange
Health Insurance provides value-based benefit plans to fully-insured small and
mid-size businesses. SeeChange Health Solutions provides value-based benefit
platforms and services to self-insured companies and carriers.

For more information, please go to www.SeeChangeHealth.com.

About Fast Company
Fast Company is the world's leading progressive business-media brand, with a
unique editorial focus on innovation in technology, ethonomics (ethical
economics), leadership, and design. In print and through digital and social
channels, as well as live events, Fast Company reports on and addresses the
most progressive business leaders. Editor Robert Safian was named AdWeek's
Editor of the Year in 2009.Under the leadership of publisher Christine
Osekoski, Fast Company made AdWeek's Hot List for three consecutive years, and
FastCompany.com executive editor Noah Robischon has tripled traffic and
revenue.Fast Company is owned by Joe Mansueto, founder, chairman, and CEO of
Morningstar, a leading provider of independent investment research.

Contact: Susan Cotton
(818) 824-9164
SCotton@SeeChangeHealth.com

SOURCE SeeChange Health

Website: http://www.seechangehealth.com
 
Press spacebar to pause and continue. Press esc to stop.