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Health Net, Inc. (HNT)

-NYSE

26.44 Up 0.51(1.97%) May 25, 4:08PM EDT|After Hours: 26.37 Down 0.07 (0.25%) May 25, 5:55PM EDT

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Health Net, Inc.
21650 Oxnard Street
Woodland Hills, CA 91367
United States - Map
Phone: 818-676-6000
Fax: 818-676-8591
Website: http://www.healthnet.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Health Care Plans
Full Time Employees:7,351

Business Summary 

Health Net, Inc., through its subsidiaries, provides managed health care services. The company offers commercial health care products, such as health maintenance organization plans through contracts with participating network physicians, hospitals, and other providers; preferred provider organization plans that provide coverage for services received from health care provider; and point of service plans. It also provides Medicare products, including Medicare advantage plans with and without prescription drug coverage; Medicare part D stand-alone prescription drug plan (PDP); and Medicare supplement products that supplement fee-for-service Medicare coverage. In addition, the company offers Medicaid and related products; indemnity insurance 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. Further, it provides administrative services comprising provider network and referral management, medical and disease management, enrollment, customer service, clinical support service, and claims processing service to military health system eligible beneficiaries. It serves approximately 6.0 million individuals in the United States through group, individual, Medicare, Medicaid, the U.S. Department of Defense that includes TRICARE, and Veterans Affairs programs. Health Net, Inc. was founded in 1979 and is headquartered in Woodland Hills, California.

Key Statistics


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Corporate Governance 
Health Net, Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Jay M. Gellert , 58
Chief Exec. Officer, Pres and Director
2.83M4.39M
Mr. Joseph C. Capezza CPA, 56
Chief Financial Officer, Exec. VP and Treasurer
1.02M0.00
Mr. James E. Woys , 53
Chief Operating Officer and Exec. VP
1.48M356.00K
Mr. Steven J. Sell , 45
Pres of Managed Health Network Behavioral Health, Pres of Health Net of California, Inc. and Pres of Western Region Health Plan
855.00K0.00
Mr. Steven D. Tough , 61
Pres of Gov. Programs and Pres of Health Net Federal Services LLC
961.00K0.00
Amounts are as of Dec 30, 2011 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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