Health Net Community Solutions is Newest Medi-Cal Plan in San Joaquin County

  Health Net Community Solutions is Newest Medi-Cal Plan in San Joaquin County

Health Net now offers or administers Medi-Cal plans in 13 California counties

Business Wire

LOS ANGELES -- January 24, 2013

Health Net Community Solutions, Inc., a subsidiary of Health Net, Inc. (NYSE:
HNT), is the new commercial Medi-Cal plan in San Joaquin County, California.

“Health Net Community Solutions is a statewide leader in providing access to
quality, affordable medical care through the Medi-Cal program in both Northern
and Southern California,” said David Friedman, vice president of State Health
Programs for Health Net of California, Inc., an affiliate of Health Net
Community Solutions, “and we’re excited to bring our expertise to San Joaquin
County.”

San Joaquin County Medi-Cal benefits provided or administered through Health
Net became effective on January 1, 2013, when the California Department of
Health Care Services transitioned beneficiaries from the county’s former
commercial plan to Health Net Community Solutions.

With the addition of San Joaquin County, Health Net Community Solutions and
Health Net of California together provide or administer Medi-Cal benefits to
nearly 1 million beneficiaries in 13 California counties.

Medi-Cal, which is the name of California’s Medicaid program, provides
low-cost access to doctor and hospital care for individuals and families that
qualify financially.

Through Health Net Community Solutions’ Medi-Cal plan, San Joaquin County
residents have access to physicians, specialists, hospitals, emergency rooms,
pharmacies and a 24-hour nurse advice telephone line.

For more information about enrolling in Health Net Community Solutions’
Medi-Cal plan in San Joaquin County, individuals may call Health Net’s
Enrollment Services Department at 800-327-0502. For customer service, existing
Health Net Community Solutions beneficiaries may call 800-675-6110.

Distinctions

  *Health Net’s Medi-Cal plan – as well as its commercial HMO, POS, PPO and
    Healthy Families Program lines of business – have been awarded the
    Multicultural Health Care distinction by the National Committee for
    Quality Assurance. The distinction recognizes organizations that lead the
    market in providing culturally and linguistically appropriate services and
    working to reduce health care disparities.
  *Together, Health Net’s Healthy Families Program and Medi-Cal programs
    serve more than 1 million individuals.

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 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, including the guidance
for future periods and the assumptions underlying such projections, 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, the guidance as to expected future period results and 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), or require changes to the ways in which HealthNet 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 the
dual-eligibles pilot programs; 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 Reports 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 of its guidance,
the assessment of the underlying assumptions or forward-looking statements to
reflect events or circumstances that arise after the date of this release.

Contact:

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