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PRESS RELEASE

Asian Enterprise Magazine Award Recognizes PacifiCare's Commitment to the Asian-American Community

      • PacifiCare a Top Ten Company for Asian-Americans, according to the magazine
      • New health initiatives tailored to meet the unique health care needs of Asian-Americans

CYPRESS, Calif. - May 19, 2004 - PacifiCare Health Systems Inc. (NYSE: PHS) has earned a place on the 2004 Asian Enterprise Top Ten Companies for Asian Americans, an annual list recognizing companies nationwide that, according to the magazine, "created forward-moving initiatives to include Asian Pacific Americans into their corporate culture." The selected companies were mentioned in the April and May issues.

The qualities shared by companies named to the 2004 Top Ten Companies for Asian Americans list include: a commitment to diversity in the work force; Asian-American directors and executive officers; and innovative products and services that address specific needs shared among Asian-Americans. PacifiCare is one of many companies as well as individuals that will be honored at the 2004 Asian Entrepreneur of the Year Awards gala Friday, May 21, at Caesars Palace in Las Vegas.

"Our listing on Asian Enterprise's 2004 Top Ten Companies for Asian Americans reflects our commitment to workplace diversity as well as our relationships with our Asian-American members and doctors," said Howard Phanstiel, PacifiCare's chairman and chief executive officer. "We believe our diverse customers are best served by knowledgeable and experienced employees who understand their needs, and we are taking action to develop culturally sensitive and relevant health and consumer services to improve the health and well-being of numerous populations."

 
  According to Sam Ho, M.D., PacifiCare's senior vice president and chief medical officer, PacifiCare is launching a comprehensive suite of programs specifically designed to address the unique health care needs of Asian-Americans.

"PacifiCare is going beyond simply translating member materials and marketing collateral," said Dr. Ho. "We are hiring bilingual customer service representatives, creating multilingual Web sites with specific and relevant health care information, and developing or enhancing disease-management programs to address illnesses that most frequently affect the health of Asian-Americans, such as lung disease, which ranks among the top-five killers of Asians in the United States."

In February, Hispanic magazine recognized PacifiCare for its efforts in serving the Latino community and named the company to its 2004 Hispanic Magazine Corporate 100, which lists companies based on their recruitment efforts, diversity training, ethnic representation of its board members and minority business initiatives.

"One of the keys to PacifiCare's success is a business philosophy that values diversity," Phanstiel added. "It is a philosophy driven by our company theme that 'Caring is Good. Doing Something is Better.' We are honored to receive recognition from Asian Enterprise magazine."

PacifiCare Health Systems is one of the nation's largest consumer health organizations with more than 3 million health plan members and approximately 9 million specialty plan members nationwide. PacifiCare offers individuals, employers and Medicare beneficiaries a variety of consumer-driven health care and life insurance products. Currently, more than 99 percent of PacifiCare's commercial health plan members are enrolled in plans that have received Excellent Accreditation by the National Committee for Quality
 
  Assurance (NCQA). PacifiCare's specialty operations include behavioral health, dental and vision, and complete pharmacy and medical management through its wholly owned subsidiary, Prescription Solutions. More information on PacifiCare Health Systems is available at www.pacificare.com.
 
 
Health plan products and services are offered by PacifiCare of California and PacifiCare Behavioral Health of California, Inc.
Indemnity insurance products (including PPO products) offered in California are underwritten by PacifiCare Life and Health Insurance Company.
Other products and services are offered by PacifiCare Health Plan Administrators, Inc., RxSolutions, Inc., and PacifiCare Behavioral Health, Inc.
PacifiCare® is a federally registered trademark of PacifiCare Life and Health Insurance Company.
 
 
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