NEW YORK, Feb. 8, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading of Health Insurance Innovations (Nasdaq:HIIQ) commenced on The NASDAQ Stock Market on February 8, 2013.
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Health Insurance Innovations is a leading developer and administrator of affordable health insurance products, ancillary products, and lifestyle & discount services for the uninsured and underinsured. Health Insurance Innovations' scalable, proprietary, cloud-based technology platform allows for mass distribution and online enrollment in a large and diverse portfolio of affordable health insurance, ancillary, and lifestyle benefit offerings, and it enables members to access its products through its distribution partners anytime, anywhere. The health insurance products the company develops are underwritten by insurance carrier companies, and Health Insurance Innovations assumes no underwriting, insurance or reimbursement risk. Members can price and tailor product selections to meet their needs, buy policies, and print policy documents and identification cards in real-time."Health Insurance Innovations has designed a wide suite of products to fit the needs of individuals and families who would not otherwise have access to quality health insurance," said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate Client Group. "Health Insurances Innovations' commitment to meeting the needs of the uninsured and underinsured market is truly impressive; we congratulate them on their IPO and look forward to our partnership in the years ahead."