Health Net Federal Services Earns Distinction as a Military Friendly Employer

  Health Net Federal Services Earns Distinction as a Military Friendly
  Employer

G.I. Jobs magazine recognizes Health Net for its recruiting efforts, retention
                     of employees with service experience

Business Wire

RANCHO CORDOVA, Calif. -- December 17, 2012

Health Net Federal Services, LLC, a wholly owned subsidiary of Health Net,
Inc. (NYSE:HNT), today announced that it has been designated a 2013 Military
Friendly Employer by Victory Media, publisher of G.I. Jobs magazine.

“Health Net Federal Services is honored to be recognized as a 2013 Military
Friendly Employer by G.I. Jobs. We are privileged to assist the men and women
who serve, veterans, and their families. We understand the importance of
getting them back to work and the value they bring to the workforce,” said
ThomasCarrato, president, Health Net Federal Services. He added, “Hiring
those who have served is not charity – it’s good business.”

Victory Media first published a list of its top military-friendly companies in
2003. The list has grown from 10 to 100 over the years, and this was the first
year Victory Media recognized a separate roll of employers not found in the
Top 100. Health Net Federal Services earned a No. 33 ranking on the G.I. Jobs
Top 50 in 2008.

“Due to the fierce competition for our Top 100 list, many great programs
failed to make this year’s list simply because interest and participation in
hiring military is at an all-time high,” said Sean Collins, vice president for
Victory Media and director for G.I.Jobs. “So, we created the Military
Friendly Employers designation outside of the Top 100 to recognize another one
percent of companies that have great programs and opportunities for veterans
and their spouses.”

Companies earned the Military Friendly Employers distinction via the same
methodology as Victory Media’s Top 100 Military Friendly Employers list, which
was announced earlier this year. Criteria for designation involved reaching a
benchmark score across key areas such as strength of military recruiting
efforts and percentage of new hires with prior military service, in addition
to retention programs and company policies on National Guard and Reserve
service.

Health Net Federal Services expects to be showcased along with other Military
Friendly Employers in the January 2013 issue of G.I. Jobs.

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, through its subsidiaries, provides and administers
health benefits to approximately 5.4million 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. Health Net’s
behavioral health services subsidiary, Managed Health Network, Inc., provides
behavioral health, substance abuse and employee assistance programs to
approximately 4.9million individuals, including Health Net’s own health plan
members. Health Net’s subsidiaries also offer managed health care products
related to prescription drugs, and offer 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 websites
at www.healthnet.com or www.HNFS.com.

Contact:

Health Net Federal Services Contact:
Molly Tuttle
(916) 351-5355
molly.tuttle@healthnet.com
or
Health Net, Inc. Contact:
Brad Kieffer
(818) 676-6833
brad.kieffer@healthnet.com
 
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