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June 27, 2007 For more than two years, Crescent has been working with Charlotte-based WellPath to develop a competitive health insurance program for small businesses in Western North Carolina. Crescent is not an insurance company, but has the most extensive network covering Buncombe, Henderson, Rutherford, Haywood, McDowell, Jackson, Macon, Transylvania, Cherokee, Madison, Polk, Yancey, Mitchell, Swain, Clay and Graham counties. When WellPath were looking for a partner to help them develop a provider network in the western part of the state, Crescent was a natural choice. WellPath developed a fee schedule specifically designed to allow them to offer attractive premiums to small business owners, then used the "messenger model" process to build a suitable panel of providers across the region. As part of Coventry Health Care, WellPath has a wealth of experience and the solid financial resources required to offer health insurance in North Carolina. The NC Department of Insurance approved WellPath's rates earlier this month, and insurance brokers received orientation. Effective immediately, small business owners can begin requesting rate quotes for policies to become effective on or after July 1, 2007. A website has been created to support the sale of this small business insurance. You can find details, along with a list of appointed brokers at www.crescentppo.com/wellpath
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Crescent
PPO 1200 Ridgefield Blvd., Suite 215 Asheville, NC 28806 Phone:
828-670-9145
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