First Health Announces Analyst Meeting Webcast

Contact:
Joseph E. Whitters, CFO
First Health
630-737-7511

FOR IMMEDIATE RELEASE

Listen to Webcast

DOWNERS GROVE, IL – March 13, 2003 – First Health Group Corp. (NASDAQ: FHCC) will be hosting their 2003 Analyst Meeting via webcast on Thursday, March 20, 2003, beginning at 8:30 a.m. Central Standard Time to review in detail various matters associated with the Company’s business.

The Analyst Meeting will be available on a live webcast from the Company's website (www.firsthealth.com) where a detailed agenda will be posted with approximate times of various presenters. The webcast is open to all interested parties on a listen-only basis. Individuals who listen to the call will be presumed to have read First Health's Annual Report or Form 10-K for the year ended December 31, 2001, and Quarterly Reports on Form 10-Q for three months ended March 31, June 30 and September 30, 2002, and the Company’s recent press releases.

First Health, the premier national health-benefits services company, specializes in providing large payors with integrated managed care solutions. First Health is a unique national managed care company serving the group health, workers’ compensation and state agency markets. Using technology to enable service and managed care innovations, First Health sets the bar for industry performance. For more information, visit the company website at www.firsthealth.com.