MEGA Life and Health Insurance Co.

Overview: The MEGA Life and Health Insurance a holding company providing insurance (primarily health) to niche consumer and institutional markets. In 2000, the 500,000 people insured by MEGA submitted more than two million claims, resulting in $300 million in paid benefits. MEGA turned to Healthaxis, a leading provider of technology solutions to healthcare payers. Using the Microsoft platform, MEGA met its business needs much faster than the company had planned. The article includes the health insurance facts for the HR professionals of MEGA.