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Cavit Sciences' National Health Services Sought to Develop "Mini-Med"
Wellness Plans
Last update: 7/28/2009 9:25:00 AM
PATERSON, N.J., Jul 28, 2009 (BUSINESS WIRE) -- National Health
Services, a wholly owned subsidiary of Cavit Sciences, Inc. (CVIT) has
been invited to develop a custom wellness plan to be marketed to
customers that purchase Limited Medical Benefit Plans [Mini-Meds].
"Following the agreement to afford access to our WellnessSuite(R) for a
national third party administrator client serving a population of
455,000, NHS was invited to developed a custom wellness plan which can
be included for purchasers of their "Mini-Med" health plans. Our client
was looking for an affordable value added program for his clients - one
that would target unique affordable plan benefits," stated Elizabeth
Gannon, President of National Health Services. "Limited Medical Benefit
Plans are becoming more and more popular as our economy struggles to
recover and health care benefit choices continue to evolve with the
changing climate of the job market. We view these programs as a way to
help individuals and families gain access to graduated levels of
coverage. This new wellness plan brings My Healthy Lifestyle(R) one step
closer to our goal to achieve health plan status," Gannon added.
Limited Medical Benefits Plans [Mini-Meds] have become a great
alternative to the rising health premiums according to an article posted
on All Business.com, a D&B company, Mini-meds' are considered the latest
medicine for rising health care costs. It allows employers or their
employees to pick coverage from a menu of items and receive insurance
for companies with fewer than 200 workers require their employees to pay
more than half of their health insurance premiums, according to the
Kaiser Family Foundation.
Health insurance premiums for a family of four have skyrocketed 78
percent since 2001, according to the Kaiser Family Foundation, more than
quadruple the rate of inflation over that same period. Among employers
with fewer than 200 employees, just 59 percent offer health insurance to
their employees, down from 68 percent in 2001.
About Cavit Sciences, Inc.
Cavit Sciences, Inc. ("Cavit") is a biotechnology company engaged in
developing treatments and prevention for cancer, viral infections and
related diseases along with natural supplements for a healthy lifestyle.
Additional information regarding Cavit can be obtained on the company's
website, which is listed below along with subsidiary websites.
About National Health Services
National Health Services (NHS) is a leading provider of national health
care cost containment strategy and innovation with a wellness focus. NHS
provides access to turn key wellness plans at modest prices via its
proprietary platform and streamlined administrative processes. NHS
brings welcome relief to clients looking for affordable high end
seamless business solutions. Unique engineering and design provides
custom, seamless integration, creating modestly priced centrally
administered wellness solutions.
Statements contained herein that are not historical fact may be
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, that are subject to a variety of risks and uncertainties. There
are a number of important factors that could cause actual results to
differ materially from those projected or suggested in any
forward-looking statements made by Cavit. Additional factors that would
cause actual results to differ materially from those projected or
suggested in any forward-looking statements are contained in Cavit's
filings with the SEC.
SOURCE: Cavit Sciences, Inc.
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