HEALTHMARKETS®, INC. ANNOUNCES “A+” RATING FROM BETTER BUSINESS BUREAU

HealthMarkets’ commitment to customer service is recognized by the not-for-profit agency whose mission is to advance marketplace trust

HealthMarkets Insurance Agency Receives “A” rating

North Richland Hills, Texas – June 12, 2014 – HealthMarkets, Inc. (www.HealthMarketsInc.com) announced that the Better Business Bureau (BBB) has assigned the company an A+ rating, the highest rating assigned by the not-for-profit agency that works to advance marketplace trust. HealthMarkets Insurance Agency, a subsidiary of HealthMarkets, Inc. and one of the nation’s largest insurance agencies, also received an “A” rating from the BBB.

“We believe strongly in the standards set by the Better Business Bureau to ensure an ethical, trustworthy marketplace and are highly honored to be distinguished with an A+ and A ratings,” said Ken Fasola, president and CEO of HealthMarkets, Inc. “The trust consumers place in HealthMarkets is critical to the success of our business, and these ratings reflect our unwavering commitment to helping American families, small businesses and individuals understand their insurance options and select products for their unique needs.

HealthMarkets, Inc., through its subsidiary companies, is focused on meeting the insurance needs of individuals, families and small businesses with a portfolio of products that includes life insurance, health insurance, supplemental insurance, long-term care insurance and certain Medicare plans.

The Affordable Care Act (ACA) is expanding access to health insurance to millions of Americans, and HealthMarkets, through its distribution subsidiary, stands at the ready to help consumers find the health plan that is right for them. Through HealthMarkets Insurance Agency, consumers are able to compare health insurance plans from more than 140 different insurance companies at HealthMarkets.com, by calling (800) 827-9990 or meeting with one of our local, licensed health insurance agents.

To view HealthMarkets, Inc.’s BBB Business Review, visit http://www.bbb.org/fort-worth/business-reviews/insurance-companies/healthmarkets-inc-in-n-richlnd-hls-tx-81050002

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About HealthMarkets, Inc.

HealthMarkets, Inc. is a holding company focused on serving the insurance needs of individuals, families, and small business through its subsidiary insurance and distribution companies.

Our subsidiary insurance companies include The Chesapeake Life Insurance Company®, HealthMarkets Insurance CompanySM, Mid-West National Life Insurance Company of TennesseeSM and The MEGA Life and Health Insurance CompanySM.

HealthMarkets Insurance Agency, our distribution subsidiary, is the d/b/a or assumed name of Insphere Insurance Solutions, Inc., which is a licensed insurance agency in all 50 states and the District of Columbia. HealthMarkets offers consumers a convenient shopping experience for Medicare, health insurance and other related insurance products. HealthMarkets represents more than 140 nationally-recognized insurance carriers and offers consumers the option of comparing health and Medicare plans online at HealthMarkets.com, over the phone at (800) 827-9990 and face-to-face with more than 3,000 dedicated local insurance agents across the country.

The administrative offices of HealthMarkets, Inc. and its subsidiary companies are located in North Richland Hills, Texas. For more information visit HealthMarketsInc.com.

CAUTIONARY STATEMENT RELATED TO FORWARD-LOOKING STATEMENTS

This news release may contain forward-looking statements regarding HealthMarkets, Inc. and/or its subsidiaries (collectively, the “Company”). These forward-looking statements are neither historical facts nor assurances of future performance, and are subject to certain risks, uncertainties and assumptions which are difficult to predict and many of which are outside of our control. Such forward-looking statements can be identified by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “objective,” “plan,” “possible,” “potential” and similar expressions. These statements are based on management’s current beliefs, expectations and assumptions, and actual results may vary materially from those included in the forward-looking statements. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update them, whether as a result of new information, future developments or otherwise. Readers are cautioned not to place undue reliance on any forward-looking statements made by us.