NU Online News Service, Oct. 2, 10:58 a.m. – American’s Choice Healthplans Inc., King of Prussia, Pa., says it is working with CareGain Inc., Monroe Township, N.J., to sell a portable defined-contribution health plan, the HealthAssets plan, to employers with more than 50 employees.

America’s Choice is a Web-based benefits administrator, and CareGain is a company that develops individual health care account programs.

The new HealthAssets program will begin taking effect in 2003, America’s Choice says.