Making health care work for you is who we are and what we do at Health Net. The “you” is everyone we interact with including our members, customers, providers, brokers, consultants, our community and each other. We do things a little differently here. More than just an expert in HMO benefits, we design and deliver the full spectrum of benefits and services essential to whole health. Helping people make the most of their health with health plans that are relevant, local and affordable is what we’re all about.

We leverage our longstanding presence in the Western U.S. and work collaboratively with our business partners to champion solutions that meet the needs of our customers today – and continue providing value in the future. What’s more, Health Net, Inc. is one of the nation’s largest publicly traded managed health care companies. We provide health benefits to approximately six million individuals through local health plans and government-sponsored managed care plans. A Fortune 500 company, Health Net has the strength and stability to turn vision into reality. Built to last. That’s Health Net.

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Type
Subsidiary
Parent Company
Centene
HQ
Los Angeles, US
Health Net is headquartered in Los Angeles, US
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Key People/Management at Health Net

Jay Gellert

Jay Gellert

Chief Executive Officer, President and Director
Joseph Capezza

Joseph Capezza

Chief Financial Officer and Executive Vice President
James Woys

James Woys

Chief Operating Officer and Executive Vice President

Health Net Office Locations

Health Net has an office in Los Angeles
Los Angeles, US (HQ)
21650 Oxnard St
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Health Net Financials and Metrics

Health Net Financials

Health Net's revenue was reported to be $16.24 b in FY, 2015 which is a 16% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

11.1 b14 b16.2 b

Revenue growth, %

27%16%

Interest expense

32.6 m31.4 m33.3 m

Pre tax profit

270 m199.8 m454.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

2.8 b3 b3.4 b3.8 b3.9 b4.2 b4.2 b

Sales and marketing expense

59.5 m64.2 m64 m66.1 m68.7 m69.2 m66.2 m

General and administrative expense

267.7 m361 m344.7 m373.6 m453.8 m448.7 m442.3 m

Operating expense total

2.7 b3 b3.3 b3.8 b3.8 b4 b4 b
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

433.2 m869.1 m996.9 m

Accounts Receivable

68.9 m424.9 m467.5 m

Current Assets

2.9 b4.5 b5.3 b

PP&E

201.4 m84.3 m146.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

686.1 m737 m603.1 m1.1 b1 b756.8 m972.9 m

Accounts Receivable

69.9 m54.3 m183.8 m307.4 m367.1 m459.1 m431 m

Current Assets

3.1 b3.4 b3.8 b4.1 b4.9 b4.9 b5 b

PP&E

196 m206.4 m209.4 m92.2 m84.1 m80.8 m139.1 m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

170.1 m145.6 m185.7 m

Accounts Payable

(42.9 m)517.7 m939 m

Cash From Operating Activities

95.8 m776 m431.1 m

Purchases of PP&E

(59.5 m)(62 m)(60.9 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

150.4 m28.8 m149.7 m140.7 m30 m88.4 m148.6 m

Depreciation and Amortization

28.4 m9.7 m19.3 m25.8 m4.3 m8.5 m15.4 m

Accounts Payable

(69.6 m)199.5 m188.3 m232.8 m328 m373.1 m622.5 m

Cash From Operating Activities

167.7 m311.5 m297.7 m885.7 m860.6 m600.3 m569.7 m
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Health Net Online and Social Media Presence

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Health Net News and Updates

Consumer Watchdog: Deadline Approaching for Current and Former Health Net Members in California To Submit Claims for Out-of-Network Medical Visits in 2014

LOS ANGELES, June 19, 2018 /PRNewswire-USNewswire/ -- Consumers who were enrolled in an individual or family Health Net Preferred Provider Organization ("PPO") health plan in 2014, and received out-of-network care from a doctor, may be entitled to a payment under a proposed class action...

Feds blast Health Net for refusing to comply with vulnerability testing

While the insurer complied with the initial rounds of audits, Office of Personnel Management officials said it soon became clear Health Net didn’t intend to fully comply.
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