Coventry Health Care, Inc. (NYSE:CVH) announced today that it has signed a definitive agreement to acquire Florida Health Plan Administrators, LLC, owner of Vista Healthplans. Vista is a privately-owned, Florida-based diversified health plan serving approximately 295,000 members consisting of 153,000 commercial employer group members, 33,000 individual members, 26,000 Medicare Advantage HMO members and 83,000 state program members. Approximately 85% of the membership is in the south Florida market with the remainder in north central Florida and the state's panhandle. Vista has annual revenues of approximately $1.2 billion.

?I am delighted to announce a significant health plan transaction which opens up an important market for Coventry's full array of products,? said Dale B. Wolf, chief executive officer of Coventry. ?Vista has established itself as a strong local-based health plan serving commercial employers, individuals and governmental agencies. This acquisition will expand Coventry's health plan footprint into one of the nation's fastest growing states.?

Coventry will acquire Vista Healthplans for $685.0 million in an all-cash transaction expected to close in 90 to 180 days, subject to closing conditions and regulatory and other customary approvals. The transaction will be financed primarily with the company's credit facilities or new borrowings and is expected to be $0.08 to $0.11 accretive to earnings in 2008. Goldman Sachs acted as financial advisor and Bass, Berry & Sims provided legal counsel to Coventry on this transaction.

This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are defined as statements that are not historical facts and include those statements relating to future events or future financial performance. Actual performance may be significantly impacted by certain risks and uncertainties, including those described in Coventry's Annual Report on Form 10-K for the year ended December 31, 2006 and Coventry's Form 10-Q for the quarter ended March 31, 2007. Coventry undertakes no obligation to update or revise any forward-looking statements.

Coventry Health Care (www.cvty.com) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers' compensation services companies. Through its Commercial Business, Individual Consumer & Government Business, and Specialty Business Divisions, Coventry provides a full range of risk and fee-based managed care products and services to a broad cross section of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators.

Coventry Health Care, Inc.
Shawn M. Guertin
Chief Financial Officer
301-581-5701
or
Drew Asher
Vice President, Investor Relations
301-581-5717