er services are included in contracts its health plan subsidiaries have with participating physician groups and hospitals. Customers The federal government is the primary customer of the company’s Government Contracts segment. In addition, the federal government and the state of California are major customers of the company’s Western Region Operations segment as a result of its contract with CMS for coverage of Medicare-eligible individuals and its contracts with California state agencies for the federally-subsidized Medicaid program and the dual eligibles demonstration under the California’s Coordinated Care Initiative. Sales and Marketing The company markets its products and services to individuals and employer groups through internal sales staff, independent brokers, agents and consultants and through the Internet and the new Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010-mandated exchanges. Accreditation The company pursues accreditation for certain of its health plans from the National Committee for Quality Assurance (NCQA) and URAC. The Medicare line of business of the company’s California HMO has received NCQA accreditation with a score of ‘commendable’. HN California's commercial HMO/POS, HNL's PPO and the company’s Arizona HMO's commercial lines of business and HN California’s Medi-Cal line of business received NCQA accreditation with a score of ‘accredited’. The company’s MHN subsidiary has received a URAC accreditation status of ‘full’ for both Health Utilization Management and Health Network, which is the highest status awarded by URAC. Government Regulation The company’s Medicare contracts are subject to regulation by CMS. Its Medicaid programs are regulated and administered in California by the DHCS and in Arizona by AHCCCS. The company is also subject to the U.S. Foreign Corrupt Practices Act and similar worldwide anti-corruption laws, including the U.K. Bribery Act of 2010, which generally prohibit companies and their intermediaries from making improper payments to non-U.S. officials for the purpose of obtaining or retaining business. Intellectual Property The company has registered and maintains various trademarks that it uses in its businesses, including marks and names incorporating the ‘Health Net’ phrase, and from time to time the company applies for additional registrations of such marks. Competition The company’s primary commercial and Medicare competitors in California are Kaiser Permanente, Anthem Blue Cross of California, Blue Shield of California, and United/PacifiCare. In Arizona, the company’s primary commercial and Medicare competitors are BlueCross BlueShield of Arizona; Aetna, Inc.; Cigna Corp.; UnitedHealth Group, Inc.; Anthem, Inc.; and Humana, Inc. The company’s Oregon health plan competes primarily with Regence Blue Cross Blue Shield of Oregon; Kaiser Permanente; Moda Health Plan, Inc.; Providence Health Plan; and PacificSource Health Plans. With respect to the T-3 contract for the TRICARE North Region, and the company’s MFLC and PC3 contracts, its primary competitors in the bidding process include Humana, Inc.; United HealthGroup, Inc.; Aetna, Inc.; Anthem, Inc.; Magellan Health Services; ValueOptions, Inc.; and TriWest Healthcare Alliance, among others. History Health Net, Inc. was founded in 1979. The company was incorporated in 1990.
health net inc (HNT:New York)
21650 Oxnard Street
Woodland Hills, CA 91367
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