NEW YORK, Dec. 8, 2011 (GLOBE NEWSWIRE) -- NEW YORK, December, 2011 -- Inc. magazine recently ranked Health Plan One, LLC. No. 188 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy--America’s independent entrepreneurs. Health Plan One joins Spirit Airlines, television maker Vizio, Honest Tea and Dunkin Donuts, among other prominent brands featured on this year’s list.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000/welcome.
"Consumers need insightful tools and resources to aid them in making decisions about their health insurance needs. Catering to the needs of insurance seekers has driven our growth. As we look forward, developing new ways of providing shopping and comparison tools to meet the needs of the rapidly growing senior market, will continue to be our top initiative," says William Stapleton, CEO of Health Plan One.
Health Plan One is also a recipient of the Connecticut Technology Council and Marcum LLP’s 2011Marcum Tech Top 40 award as one of the 40 fastest growing technology companies in Connecticut. Winners were grouped into six areas of technology: Software, IT Services, Life Sciences, Advanced Manufacturing, New Media/Internet/Telecom, and Energy/ Environmental Technologies. Winners were selected on the basis of revenue growth over the last four years.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars--the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22-24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register call 866-901-3205.
About Health Plan One
Founded in 2005, Health Plan One offers the broadest portfolios of health plans from top-rated carriers available to individuals, families and Medicare recipients nationwide. Holding licenses in all 50 states, the agency is appointed with all major national and most regional carriers. By speaking with our knowledgeable licensed agents, reading our free articles and using tools for comparing costs, customers can find help locating the most affordable health insurance option for themselves. Insurance experts are available Monday through Friday, 8:00 a.m. to 8:00 p.m. Eastern Time, to answer questions and to assist users. (800) 328-7305. For more information, visit Health Plan One for individuals and families or Medicare Solutions for Medicare beneficiaries.