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Health Net, Inc. (HNT)

43.45 Down 0.40(0.91%) 4:05PM EDT
|After Hours : 43.45 0.00 (0.00%) 4:25PM EDT
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Health Net, Inc.
21650 Oxnard Street
Woodland Hills, CA 91367
United States - Map
Phone: 818-676-6000

Index Membership:N/A
Industry:Health Care Plans
Full Time Employees:7,565

Business Summary 

Health Net, Inc. provides managed health care services through health plans and government-sponsored managed care plans in the United States. It operates through Western Region Operations and Government Contracts segments. The company offers various health care services, including ambulatory and outpatient physician care, hospital care, pharmacy services, behavioral health, and ancillary diagnostic and therapeutic services. It also offers health plans, such as a matrix package, which allows employers and members to select their desired coverage from various alternatives; and commercial health care products comprising health maintenance organization plans, preferred provider organization (PPO) plans, point of service plans, and exclusive provider organization (EPO) plans. In addition, the company provides various Medicare products, including Medicare advantage plans with and without prescription drug coverage; and Medicare supplement products that supplement traditional fee-for-service Medicare coverage. Further, the company offers Medicaid and related products; insured PPO, EPO, and indemnity products; auxiliary non-health products, such as life, accidental death and dismemberment, dental, vision, and behavioral health insurance; and other specialty services and products comprising pharmacy benefits, behavioral health, dental, and vision products and services, as well as managed care products for hospitals, health plans, and other entities. Additionally, it is involved in government-sponsored managed care federal contract with the Department of Defense under the TRICARE program; and other health care, mental health, and behavioral health government contracts. The company also provides administrative services comprising provider network management, referral management, medical management, disease management, enrollment, customer service, clinical support service, and claims processing. Health Net, Inc. was founded in 1979 and is based in Woodland Hills, California.

Key Statistics

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Corporate Governance 
Health Net, Inc.’s ISS Governance QuickScore as of Jul 1, 2014 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 5; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Jay M. Gellert , 60
Chief Exec. Officer, Pres and Director
Mr. Joseph C. Capezza CPA, 58
Chief Financial Officer, Exec. VP and Treasurer
Mr. James E. Woys , 55
Chief Operating Officer and Exec. VP
Mr. Steven D. Tough , 63
Pres of Gov. Programs
Mr. Scott D. Law , 50
Health Care Services Officer
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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