PCIS Precis

GRAND PRAIRIE, Texas, May 18 /PRNewswire-FirstCall/ -- Precis, Inc. (NASDAQ:PCIS), a leader in the development and marketing of healthcare savings programs and services, today announced that its subsidiary, Access HealthSource, Inc. ("Access") has renewed its Third Party Administrator ("TPA") contract with the El Paso Independent School District ("EPISD") to provide services under its EPISD Health Care Trust Medical Plan ("Plan"). Under the contract terms, Access will provide claims adjudication, customer service activities regarding coverage or medical claims, section 125 flexible spending account administration, COBRA administration, utilization review/utilization management services and medical provider network administration services. Access provides cost effective tools for public and private employer groups that have chosen to utilize partially self-funded strategies to finance their employee benefit programs. Access is also affiliated with the panel of participating health care providers contracted with Advantage Care Network, Inc. ("ACN") that provides access to quality medical services to meet the needs of EPISD health plan members while providing savings to the members and the district for these health care expenses. "We have served as the TPA for EPISD's Plan since January 2003 and are very pleased to renew our contract with the district, which is our largest public sector client. In 2005, our utilization review and management services team of professionals, along with our entire customer service team, and the Plan's administrator, have achieved a 68% savings on medical claims," said Frank Apodaca, Precis' President and C.O.O. and the President and C.E.O. of Access. As healthcare costs have skyrocketed in the nation over the last five years, many Texas school districts have grappled with creating and providing attractive benefits packages to recruit and retain qualified personnel. "Our experience with Access has allowed us to continue to offer one of the most attractive benefit packages in the region. Not only do we have one of the best packages, but through Access, we have been able to beat medical inflation and as a result enhance the benefit package we offer district employees. Access has provided excellent service and individualized assistance to district employees. Their proposal and package was the most competitive in 2002, when we sought RFPs and the fees at renewal remained more competitive than what the current market place had to offer. EPISD looks forward to our continued relationship," said Elizabeth Ann Bulos, Director, Employee Benefits for EPISD. "As corporate citizens and tax payers in our community, we believe it is our responsibility to help our school districts. We provide cost-effective employee benefit programs that enable them to attract and retain qualified, dedicated teachers and administrators that lead and impact the lives of our children and our future. Although the contract represents income to our company, we are also gratified to know that we are contributing to the health and well being of our community," said Mr. Apodaca. About Precis, Inc. Precis, Inc. and its subsidiaries provide affordable consumer driven health care solutions as alternatives to traditional health insurance. The companies market non-insurance health care savings programs, offer third party claims administration, provider network management, and utilization management services for employer groups that utilize partially self funded strategies to finance their employee benefit programs and administer tax-favored reimbursement accounts. For more information on Precis, its subsidiaries Access Administrators and Care 125, visit http://www.precis-pcis.com/ , http://www.accesshealthsource.com/ , and http://www.care125.com/ respectively. About El Paso ISD With more than 63,000 students in 92 campuses, EPISD is the seventh largest district in Texas and the 57th largest district in the United States. It also is El Paso's largest employer with more than 9,000 employees and has an annual operating budget of $403 million. DATASOURCE: Precis, Inc. CONTACT: Frank Apodaca, President and COO of Precis, Inc., +1-866-578-1665, and President and CEO of Access HealthSource, Inc., +1-915-231-4233; or Annemarie Marek of Marek & Company, +1-469-235-2166, for Precis, Inc. Web site: http://www.precis-pcis.com/ http://www.accesshealthsource.com/ http://www.care125.com/

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