Quicken Offers Prescription For Medical Expense Headaches; Breakthrough Software for Consumers Eases the Burden of Organizing and Tracking Medical Bills and Insurance Documents

Millions of Americans are overwhelmed by this task, frustrated bythe inefficient methods currently used to manage this importantinformation. Some toss unopened bills in a bin, waiting to receive afinal collection notice before making a payment. Others cram paperworkinto overflowing files and folders, with no sense of what's where. Andstill others try to keep detailed records on the backs of envelopes,hoping to find them in the future.

The result? Unpaid bills. Overpaid bills. Misplaced paperwork.Lost tax deductions. Unnecessary stress.

To ease this burden, Quicken(R) Medical Expense Manager, a newproduct from Intuit Inc. (Nasdaq:INTU), was created to help peoplebetter manage their medical bills, allowing them to focus on theimportant matters such as getting healthy or caring for a loved one.The product gives users greater control by providing a simple way totrack medical bills and insurance information for each family member-- including pets -- all in one place.

Medical Expenses Lead to Bankruptcy

A report by the Center for Studying Health System Change foundthat 57.3 million Americans aged 18-64 years old suffer from a chronicmedical condition and among those, one in five have had trouble payingmedical expenses. Health care costs are rising and the impact isfinancial as well as physical. Each year, half of all bankruptciesfiled in the United States are related to illness or medical bills.

Quicken Medical Expense Manager is designed to help anyone whofeels overwhelmed by the chore of keeping track of medical expenses.People with chronic illness or injury, people with multiple insurancecarriers, seniors, caregivers, new parents, and more will be able to:

-- Keep Critical Medical Information in One Place: Automatically create individual medical and prescription histories, keep records of past bills and payments, and maintain important contact information.

-- Avoid Overpayment: Manage bills and payments, find and fix billing and insurance errors with prewritten dispute letter templates and make the most of flexible spending account contributions.

-- Monitor Spending and Benefit Plans: Track insurance payments to ensure maximization of benefits. Also track expenses toward potential tax write offs.

-- Quickly Find Important Information: Sort, search and view reports instantly based on family member, medical provider, injury or illness, insurance, status, date and more. Unlike spreadsheets, Quicken Medical Expense Manager displays the information that is important to track and finds tax-deductible medical expenses, including mileage, prescriptions and insurance premiums.

Created by Real-Life Needs

Faced with more than $1 million in medical bills resulting fromhis infant son's illness and surgeries, Intuit employee Dan Robinsonfound it overwhelmingly difficult to interpret the massive amounts ofdocumentation he received from hospitals and insurance companies. Hewas, however, uniquely positioned to help himself and those in similarsituations.

Following Intuit's ongoing focus to solve unmet customer needs,Robinson channeled his personal medical expense frustrations into anew product idea that led to the creation of Quicken Medical ExpenseManager.

One early customer said it took only minutes for the software tosolve long-standing problems.

"This is life-saving software," said Francois Bonaparte fromCalifornia in an e-mail to Intuit after using the product for just anhour. "The paperwork associated with my cancer treatments and mydaughter's doctor visits for a rare chromosomal disorder wasoverwhelming. It's impossible to keep track of all the information.Your product will save me so much time and money and free me of themental burden I've carried for so long."

That's exactly the response the developers hoped for.

"Being able to make this kind of difference in people's lives iswhy we come to work everyday," said Peter Karpas, vice president andgeneral manager, Quicken Personal Finance Group. "If Quicken MedicalExpense Manager can help people have a better sense of control in whatis otherwise an uncontrollable situation, then what we've done here isworthwhile."

Product Availability and Pricing

Quicken Medical Expense Manager is available atwww.quickenmedical.com for an introductory price of $49.99, whichincludes a $20 discount. Suggested retail price is $69.99.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financialmanagement solutions for small and mid-sized businesses, consumers andaccounting professionals. Its flagship products and services,including QuickBooks(R), Quicken(R) and TurboTax(R) software, simplifysmall business management and payroll processing, personal finance,and tax preparation and filing. ProSeries(R) and Lacerte(R) areIntuit's leading tax preparation software suites for professionalaccountants.

Founded in 1983, Intuit had annual revenue of more than $1.9billion in its fiscal year 2004. The company has nearly 7,000employees with major offices in 13 states across the U.S. and officesin Canada and the United Kingdom. More information can be found atwww.Intuit.com.

Note To Editors: For more information about Quicken MedicalExpense Manager, including screen shots, box shots, sample data, andcustomer videos, please visit: www.intuit.com/pressroom and select"Quicken Medical Expense Manager" from the Virtual Press Kits menu.

Intuit, the Intuit logo and Quicken, among others, are registeredtrademarks and/or registered service marks of Intuit Inc. in theUnited States and other countries.