The Plastek Group Renews Health Insurance With HealthAmerica; Companies Set Up Innovative...

ERIE, Pa. -- HealthAmerica(R), one of the state's largest health insurers, announced that its affiliate, HealthAssurance, has renewed its contract to administer health insurance benefits for The Plastek Group's 1,000 employees and their dependents. The Plastek Group is an industry leader

in the design and manufacture of consumer packaging and personal care products. The unprecedented five-year agreement includes an innovative, state-of-the-art wellness program developed by HealthAmerica to improve the health of Plastek's employees and help reduce health care costs.

"We are extremely pleased that The Plastek Group, a long time customer, has elected to continue its collaboration with HealthAssurance," said Robert L. Dawson, president and chief executive officer of HealthAmerica. "It is an honor to serve one of northwestern Pennsylvania's most highly respected firms, and an industry leader. We look forward to continued collaboration with The Plastek Group leadership team to provide quality health benefits and work to improve the health of their employees."

"HealthAssurance's approach to employee health benefits demonstrates their strong commitment to high standards of quality of care and cost-savings," said Dennis Prischak, president and chief executive officer of The Plastek Group. "We are happy to continue - and to build on - our relationship with HealthAmerica and HealthAssurance."

As part of the agreement, HealthAmerica will develop an innovative and comprehensive wellness and healthy behavior program to improve the health of The Plastek Group's employees and help reduce health care costs.

"By adopting this innovative approach to wellness, The Plastek Group is showing itself to be a leader in health plan design and implementation," said Mr. Dawson. "In order to control the rising cost of health care, HealthAmerica and HealthAssurance firmly believe that employers need to work with their employees to help them stay healthy and make wise lifestyle choices."

"We are committed to helping our employees live healthier lives," said Mr. Prischak. "Through this program, we believe that we will not only improve morale, but also have fewer health claims, greater productivity, and fewer sick days. We are pleased to work with HealthAmerica in setting up this program."

About HealthAmerica and HealthAssurance

HealthAmerica Pennsylvania, Inc., has a 30-year record of providing health care benefits. HealthAmerica, HealthAssurance Pennsylvania, Inc., and affiliate companies cover over 720,000 members in Pennsylvania and Ohio through HMO, POS, PPO, Medicaid, and Medicare Advantage plans. In addition, HealthAmerica's product for individuals and families who are not eligible for employer-sponsored health care benefits, Medicare, or Medicaid, called HealthAmericaOne, is available now in Ohio and Pennsylvania. HealthAmerica earned an "Excellent" Accreditation for its HMO plan and HealthAssurance earned an "Excellent" Accreditation for the HealthAssurance POS by the National Committee for Quality Assurance, an independent, non-profit organization dedicated to measuring the quality of America's health care. With corporate offices in Pittsburgh and Harrisburg, Pennsylvania, HealthAmerica and HealthAssurance provide managed health care products and services to over 12,000 employers in Pennsylvania and Ohio. HealthAmerica and its affiliates employ over 1,500 people in Pennsylvania. For more information, visit HealthAmerica's website at www.healthamerica.cvty.com.

HealthAmerica and HealthAssurance are subsidiaries of Coventry Health Care, Inc. a national managed health care company based in Bethesda, Maryland. Coventry Health Care, Inc. provides a full range of risk and fee-based managed care products and services, including HMO, PPO, POS, Medicare Advantage, Medicaid, Workers' Compensation and Network Rental to a broad cross section of employer and government-funded groups, government agencies, and other insurance carriers and administrators in all 50 states as well as the District of Columbia and Puerto Rico. More information is available on the Internet at www.cvty.com.

This press release may contain forward-looking statements, made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, relating to future events or future financial performance. Actual performance may be significantly impacted by certain risks and uncertainties, including those described in Coventry Health Care, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2004, as filed with the SEC.

About The Plastek Group

The Plastek Group, based in Erie, Pennsylvania, is a world class manufacturer of proprietary plastics and related products, supplying packaging to producers all over the world. Currently, The Plastek Group supplies over 80 percent of the deodorant stick manufacturing market - this requires the production of 1.2 to 1.5 million deodorant sticks per day, seven days a week. They purchase in excess of 40 million pounds of raw plastic materials every year to meet production demands. The Plastek Group employs more than 1,000 people.