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Health Net to Hold Conference Call and Webcast to Discuss Second Quarter 2013 Earnings Results



  Health Net to Hold Conference Call and Webcast to Discuss Second Quarter
  2013 Earnings Results

Business Wire

LOS ANGELES -- June 21, 2013

Health Net, Inc. (NYSE:HNT) expects to hold its quarterly conference call to
discuss second quarter 2013 earnings results on Thursday, July 25, 2013, at
approximately 11:00 a.m. Eastern time (8:00 a.m. Pacific time).
Earnings results are expected to be announced before the market opens on the
same day.

The live conference call should be accessed at least 15 minutes prior to its
start with the following numbers:

(866) 393-1637 (Live – Toll-Free Domestic)
(706) 643-5711 (Live – International)

The access code for both the live conference call and replay is 99882018. A
recording of the call can be heard from July 25, 2013 (12:00 p.m. Eastern Time
/ 9:00 a.m. Pacific time) through July 30, 2013 (12:00 Midnight Eastern time)
by dialing one of the following replay numbers:

(855) 859-2056 (Replay – Toll-Free Domestic)
(404) 537-3406 (Replay – International)

A live webcast and replay of the conference call also will be available at
www.healthnet.com under “Investor Relations.” The conference call webcast is
open to all interested parties.

Anyone listening to the company’s conference call or webcast will be presumed
to have read Health Net’s Annual Report on Form 10-K for the year ended
December 31, 2012 and Quarterly Report on Form 10-Q for the quarter ended
March 31, 2013, and other reports filed by Health Net from time to time with
the Securities and Exchange Commission (“SEC”).

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 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.

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
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