
Company Website:
http://www.healthnet.com
LOS ANGELES -- (Business Wire)
Health
Net, Inc. (NYSE:HNT) today announced that members of its management
team are scheduled to present at the Wells Fargo Securities 2013
Healthcare Conference on June 18, 2013, at approximately 8:50 a.m.
Eastern time.
A live webcast and replay of the presentation will be available at www.healthnet.com
under “Investor
Relations.” The webcast is open to all interested parties. The
webcast should be accessed at least 15 minutes prior to its start time.
Anyone listening to the webcast will be presumed to have read Health
Net’s Annual Report on Form 10-K for the year ended December 31, 2012,
Quarterly Report on Form 10-Q for the quarterly period ended March 31,
2013, and other reports filed by the company from time to time with the
Securities and Exchange Commission.
About Health Net
Health Net, Inc. is a
publicly traded managed care organization that delivers managed health
care services through health plans and government-sponsored managed care
plans. Its mission is to help people be healthy, secure and comfortable.
Health Net provides and administers health benefits to approximately
5.4 million individuals across the country through group, individual,
Medicare (including the Medicare prescription drug benefit commonly
referred to as “Part D”), Medicaid, U.S. Department of Defense,
including TRICARE, and Veterans Affairs programs. Through its
subsidiaries, Health Net also offers behavioral health, substance abuse
and employee assistance programs, managed health care products related
to prescription drugs, managed health care product coordination for
multi-region employers, and administrative services for medical groups
and self-funded benefits programs.
For more information on Health Net, Inc., please visit Health Net’s
website at www.healthnet.com.
Cautionary Statements
Health Net, Inc.
and its representatives may from time to time make written and oral
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act (“PSLRA”) of 1995, including statements in this
and other press releases, in presentations, filings with the Securities
and Exchange Commission (“SEC”), reports to stockholders and in meetings
with investors and analysts. All statements in this press release, other
than statements of historical information provided herein, may be deemed
to be forward-looking statements and as such are intended to be covered
by the safe harbor for “forward-looking statements” provided by PSLRA.
These statements are based on management’s analysis, judgment, belief
and expectation only as of the date hereof, and are subject to changes
in circumstances and a number of risks and uncertainties. Without
limiting the foregoing, statements including the words “believes,”
“anticipates,” “plans,” “expects,” “may,” “should,” “could,” “estimate,”
“intend,” “feels,” “will,” “projects” and other similar expressions are
intended to identify forward-looking statements. Actual results could
differ materially from those expressed in, or implied or projected by
the forward-looking information and statements due to, among other
things, health care reform and other increased government participation
in and regulation of health benefits and managed care operations,
including the ultimate impact of the Affordable Care Act, which could
materially adversely affect Health Net’s financial condition, results of
operations and cash flows through, among other things, reduced revenues,
new taxes, expanded liability, and increased costs (including medical,
administrative, technology or other costs), and require changes to the
ways in which Health Net does business; rising health care costs;
continued slow economic growth or a further decline in the economy;
negative prior period claims reserve developments; trends in medical
care ratios; membership declines; unexpected utilization patterns or
unexpectedly severe or widespread illnesses; rate cuts and other risks
and uncertainties affecting Health Net’s Medicare or Medicaid
businesses; Health Net’s ability to successfully participate in
California’s Coordinated Care Initiative, the Covered California health
insurance exchange and/or Arizona’s Medicaid program; litigation costs;
regulatory issues with federal and state agencies including, but not
limited to, the California Department of Managed Health Care, the
Centers for Medicare & Medicaid Services, the Office of Civil Rights of
the U.S. Department of Health and Human Services and state departments
of insurance; operational issues; failure to effectively oversee our
third-party vendors; noncompliance by Health Net or Health Net’s
business associates with any privacy laws or any security breach
involving the misappropriation, loss or other unauthorized use or
disclosure of confidential information; liabilities incurred in
connection with Health Net’s divested operations; impairment of Health
Net’s goodwill or other intangible assets; investment portfolio
impairment charges; volatility in the financial markets; and general
business and market conditions. Additional factors that could cause
actual results to differ materially from those reflected in the
forward-looking statements include, but are not limited to, the risks
discussed in the “Risk Factors” section included within Health Net’s
most recent Annual Report on Form 10-K and subsequent Quarterly Report
on Form 10-Q filed with the SEC and the other risks discussed in Health
Net’s filings with the SEC. Readers are cautioned not to place undue
reliance on these forward-looking statements. Except as may be required
by law, Health Net undertakes no obligation to address or publicly
update any forward-looking statements to reflect events or circumstances
that arise after the date of this press release.

Contacts:
Health Net, Inc.
Investor Contact:
Angie McCabe, 818-676-8692
angie.mccabe@healthnet.com
or
Media
Contact:
Brad Kieffer, 818-676-6833
brad.kieffer@healthnet.com
Source: Health Net, Inc.
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