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FOR IMMEDIATE RELEASE:

Investor and Media Contact:
Steven M. Kaplan
HealthAxis Inc.
610-275-3800
skaplan@healthaxis.com
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                               HEALTHAXIS INC. AND
                      HEALTHAXIS.COM, INC. MERGER COMPLETED


EAST NORRITON, PA. Jan 29, 2001--HealthAxis Inc. (NASDAQ: HAXS), and
HealthAxis.com, Inc., a leading provider of Web-enabling software solutions for
healthcare payers and intermediaries, and a subsidiary of HealthAxis Inc.,
announced that at their respective annual meetings held Friday, January 26,
2001, shareholders of both companies voted on, and approved, the proposed merger
of the two companies. With the requisite shareholder approvals in place, the
transaction was completed on January 26, 2001.

About HealthAxis Inc.
For over 20 years, Healthaxis has been driven by the overwhelming challenge of
solving the administration, processing, and distribution inefficiencies that
plague the healthcare industry. Customers have relied on Healthaxis to develop
state-of-the-art software solutions to reduce costs and improve productivity.
Today, Healthaxis continues to develop innovative solutions that offer
businesses a distinct strategic advantage by quickly and efficiently connecting
payers, providers, administrators, brokers, employers, consumers and federal
regulators (HIPAA). Healthaxis products and services support customers by easily
integrating flexible web-based applications - matching the customer's way of
doing business.

Healthaxis, Inc. (NASDAQ: HAXS) For more information, call (972) 443-5000 or
toll free (866) WEB-AXIS or visit www.healthaxis.com. Healthaxis, e-powering
healthcare.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: Certain statements made which are not historical facts may be considered
forward-looking statements, including, without limitation, statements as to
trends, management's beliefs, expectations and opinions, which are based upon a
number of assumptions concerning future conditions that ultimately may prove to
be inaccurate. Such forward-looking statements are subject to risks and
uncertainties and may be affected by various factors, which may cause actual
results to differ materially from those in the forward-looking statements. For
further information, which could cause actual results to differ from the
Company's expectations, as well as other factors, which could affect the
Company's financial statements, please refer to HealthAxis Inc.'s reports filed
with the Securities and Exchange Commission.


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