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ISSUED 01/28/2008 FOR IMMEDIATE RELEASE

MEDIA ADVISORY: INSURANCE DEPARTMENT HOLDING MANHATTAN PUBLIC HEARINGS JANUARY 29 ON PLAN TO MERGE, CONVERT GHI, HIP TO FOR-PROFIT

The Insurance Department will hold public hearings on January 29 in Manhattan as part of its regulatory review of a proposal by Group Health Incorporated (GHI) and Health Insurance Plan of Greater New York (HIP) – together known as EmblemHealth – to merge and convert to a for-profit company. Government officials, consumer representatives, consumers and health care providers are among those expected to testify. Written testimony may be submitted up until March 1.

WHERE:
HIP

55 Water Street
New York City

WHEN: Tuesday, January 29. The hearing will begin at 10 a.m. and continue until 5 p.m. or until testimony is complete.

WEBCAST: The hearings will be webcast live at www.webcatter.com/live/nysins.

Press Contacts:
Andy Mais 212-480-5262; 917-749-3408
Ronald Klug 212-480-2285, 347-203-1167

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