Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $71.57 USD
Change Today +6.51 / 10.01%
Volume 11.4M
HNT On Other Exchanges
Symbol
Exchange
New York
Munich
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

21650 Oxnard Street

Woodland Hills, CA 91367

United States

Phone: 818-676-6000

Fax:

ents of traditional HMO and PPO plans. Referrals are not required for in-network specialty care, but there are no out of network benefits other than emergency care. The company also offers catastrophic plans. It offers tailored network HMO, EPO, or HSP products throughout its Western Region Operations segment. These products are structured in various ways. They might include a tiered provider option, be organized in conjunction with a strategic provider partner or be created primarily for particular populations and geographically proximate networks. The company’s HMO CommunityCare product offers a network of HMO doctors, specialists and hospitals designed to meet the needs of the individual exchange markets. Its Salud Con Health Net product line is a suite of affordable plans developed for the Latino community. In addition, the company has developed tailored network products with strategic provider partners in California, Arizona, Oregon and Washington; and has developed customized products for large employer groups with a large geographic distribution within a particular state. The company assumes both underwriting and administrative expense risk in return for the premium revenue that the company receives from its HMO, POS, PPO/EOA, and HSP products. Arizona: The company’s Arizona health plan operations are conducted by its subsidiaries, such as Health Net of Arizona, Inc.; Health Net Access, Inc.; and Health Net Life Insurance Company (HNL). The company’s commercial membership in Arizona was 178,064, including 60,743 tailored network members, as of December 31, 2014. The company’s Medicare Advantage membership in Arizona was 45,873. The company’s Medicaid membership in Arizona was 80,913. California: In California, the company’s health plan operations are conducted by its subsidiaries, such as Health Net of California, Inc. (HN California); Health Net Community Solutions, Inc. (HNCS); and HNL. HN California, the company’s California HMO for commercial and Medicare Advantage programs; and HNCS, its California HMO for Medicaid programs, together constitute one of the major HMOs in California as measured by total membership and together have one of the major provider networks in California. The company’s commercial membership in California was 957,495, including 523,890 tailored network members as of December 31, 2014. The company’s Medicare Advantage membership in California was 172,554. Its Medicaid membership in California was 1,594,888 members. The company’s dual eligibles membership in California was 16,426 members. Northwest: The Northwest includes the company’s Oregon and Washington health plan operations, which are conducted by its subsidiaries, such as Health Net Health Plan of Oregon, Inc. and HNL. The company’s commercial membership in Oregon was 47,646, including 8,240 tailored network members as of December 31, 2014. The company’s commercial membership in Washington was 8,473. The company’s Medicare Advantage membership in Oregon and Washington was 56,354. Medicaid and Related Products The company is a major Medicaid managed care health plan in California. As of December 31, 2014, the company had 1,594,888 members enrolled in Medi-Cal (California Medicaid) and other California state health programs, and had 80,913 Medicaid members enrolled in Arizona. California: To enroll in the company’s Medi-Cal products, an individual must be eligible for Medicaid benefits in accordance with California's regulatory requirements. Medi-Cal is a public health insurance program that provides health care services for low-income individuals residing in California, and is financed by the state of California and the federal government. As of December 31, 2014, through HNCS, the company had Medi-Cal operations in 12 California counties, such as Fresno, Kern, Kings, Los Angeles, Madera, Riverside, Sacramento, San Bernardino, San Diego, San Joaquin, Stanislaus, and Tulare. The company is the sole commercial plan contractor with DHCS (the State of California's Department of Health Care Services) to provide Medi-Cal services in Los Angeles County, California. As of December 31, 2014, 848,898 of its Medi-Cal memb

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HNT:US $71.57 USD +6.51

HNT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Centene Corp $74.44 USD -6.46
Molina Healthcare Inc $69.36 USD -1.94
Triple-S Management Corp $20.23 USD -4.40
Universal American Corp/NY $9.85 USD -0.28
WellCare Health Plans Inc $86.42 USD +1.44
View Industry Companies
 

Industry Analysis

HNT

Industry Average

Valuation HNT Industry Range
Price/Earnings 39.1x
Price/Sales 0.4x
Price/Book 3.3x
Price/Cash Flow 32.2x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HEALTH NET INC, please visit www.healthnet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.