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 $62.47 USD
Change Today -1.59 / -2.48%
Volume 1.4M
HNT On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/1/15 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:

ers resided in Los Angeles County. Arizona: In March 2013, the company was awarded a contract by the Arizona Health Care Cost Containment System (AHCCCS) to administer Medicaid benefits in Maricopa County, Arizona, beginning in October 2013. AHCCCS uses federal, state and county funds to provide health care coverage to the state’s acute and long-term care Medicaid populations, low income groups and small businesses. AHCCCS contracts for acute care services in 7 geographic service areas that include 15 Arizona counties. AHCCCS makes monthly prospective capitation payments to contracted health plans responsible for the delivery of care to members. Medicare Products The company provides a range of Medicare products, including Medicare Advantage plans with and without prescription drug coverage and Medicare supplement products that supplement traditional fee-for-service Medicare coverage. The company’s subsidiaries have various contracts with the Centers for Medicare & Medicaid Services (CMS) under the Medicare Advantage program authorized under Title XVIII of the Social Security Act of 1935, as amended. Medicare Advantage Products As of December 31, 2014, the company was a primary Medicare Advantage contractor based on membership of 274,781 members. The company contracts with CMS under the Medicare Advantage program to provide Medicare Advantage products directly to Medicare beneficiaries and through employer and union groups. The company provides or arranges health care benefits for services normally covered by Medicare, plus a range of health care benefits for services not covered by traditional Medicare, usually in exchange for a fixed monthly premium per member from CMS that varies by the county in which the member resides, demographic factors of the member, such as age, gender and institutionalized status, and the health status of the member. Any benefits that are not covered by Medicare might result in an additional monthly premium charged to the enrollee or through portions of payments received from CMS that might be allocated to these benefits, according to CMS regulations and guidance. The company’s portfolio of Medicare Advantage plans focuses on simplicity so that members could use benefits with minimal paperwork and receive coverage that starts immediately upon enrollment. The company also provided Medicare supplemental coverage to 28,801 members through either individual Medicare supplement policies or employer group sponsored coverage as of December 31, 2014. The company provides Medicare Advantage plans in select counties in Arizona, California, Oregon and Washington; and provides prescription drug benefits in majority of its Medicare Advantage plan offerings. The company also provides multiple types of Medicare Advantage Special Needs Plans, including dual eligible Special Needs Plans (designed for low income Medicare beneficiaries) in Arizona and California, chronic condition Special Needs Plans (designed for beneficiaries with congestive heart failure and diabetes) in California, Oregon and Arizona. These plans provide access to additional health care and prescription drug coverage. Indemnity Insurance Products The company offers insured PPO, EPO and indemnity products as ‘stand-alone’ products and as part of multiple option products in various markets. These products are offered by its health and life insurance subsidiaries, which are licensed to sell insurance in 49 states and the District of Columbia. Through these subsidiaries, it also offers auxiliary non-health products, such as life, accidental death and dismemberment, dental, vision and behavioral health insurance. The company’s health and life insurance products are provided throughout majority of its service areas. Other Specialty Services and Products The company offers pharmacy benefits, behavioral health, dental and vision products and services (primarily through strategic relationships with third parties), as well as managed care products related to cost containment for hospitals, health plans, and other entities as part of its Western Region Operations segment. Pharmacy Benefit Management (PBM) The compa

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HNT:US $62.47 USD -1.59

HNT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Centene Corp $59.32 USD -2.40
Molina Healthcare Inc $72.67 USD -1.92
Triple-S Management Corp $20.77 USD -0.27
Universal American Corp/NY $6.90 USD -0.25
WellCare Health Plans Inc $87.59 USD -3.08
View Industry Companies
 

Industry Analysis

HNT

Industry Average

Valuation HNT Industry Range
Price/Earnings 61.0x
Price/Sales 0.3x
Price/Book 2.9x
Price/Cash Flow 48.5x
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.