EXHIBIT 99.1

                         [HEALTHEXTRAS, INC. LETTERHEAD]

                   FORMER CFO OF HEALTHEXTRAS RESUMES POSITION
                         AND EXPANDS ROLE AT THE COMPANY

ROCKVILLE, MD, MARCH 23, 2007 - HEALTHEXTRAS, INC. (NASDAQ: HLEX) - HealthExtras
announced today that Michael P. Donovan will be resuming his role as Chief
Financial Officer, effective immediately. Richard W. Hunt, who was previously
appointed Chief Financial Officer, will remain with HealthExtras in a
transitional role supporting the Company's financial organization. Mr. Hunt has
chosen to pursue a financial position in a venture capital oriented company. Mr.
Donovan has been with HealthExtras and functioned as its Chief Financial Officer
from its inception in 1998 until June 2006. In addition to serving as Chief
Financial Officer, Mr. Donovan will continue in his role as Executive Vice
President handling all corporate finance and development projects, as well as
investor relations.

The Board of HealthExtras expressed appreciation for Mr. Hunt's recent
contributions to HealthExtras' financial organization and his willingness to
transition the CFO responsibilities back to Mr. Donovan. David Blair noted that
"it was important to have the flexibility to transition the CFO office back to
Mike Donovan with Healthextras benefiting from Mike's nine years of industry
experience and continuity."

About HealthExtras (www.healthextras.com)
- ----------------------------------------

HealthExtras, Inc. is a full-service pharmacy management company. Its clients
include self-insured employers, including state and local governments,
third-party administrators, managed care organizations and individuals. The
Company's integrated pharmacy benefit management services marketed under the
name Catalyst Rx include: claims processing, benefit design consultation, drug
utilization review, formulary management, drug data analysis services and mail
order services. Additionally, the Company operates a national retail pharmacy
network with over 58,000 participating pharmacies.

This press release may contain forward-looking information. The forward-looking
statements are made pursuant to the safe harbor provisions of the Private
Securities Litigation Act of 1995. Forward-looking statements may be
significantly impacted by certain risks and uncertainties described in
HealthExtras' filings with the Securities and Exchange Commission.

CONTACT: HEALTHEXTRAS, INC.
MICHAEL P. DONOVAN, 301-548-2900
MDONOVAN@HEALTHEXTRAS.COM

SOURCE: HealthExtras, Inc.

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