Health Net Inc (NYSE:HNT)

Health Net, Inc. provides various health insurance services and other hospital and medical service plans. Health Net is an integrated managed care organization that delivers managed healthcare services through health plans and government sponsored managed care plans. Its health plans and government contracts subsidiaries provide health benefits through its health maintenance organizations, insured preferred provider organizations and point-of-service plans and indemnity products. The company operates through three segments: Western Region Operations, Government Contracts and Divested Operations & Services. The Western Region Operations segment includes the operations of its commercial, Medicare and Medicaid health plans as well as the operations of its health and life insurance companies, primarily in Arizona, California, Oregon and Washington. The Government Contracts segment includes its government-sponsored managed care federal contract with the Department of Defense under the TRICARE program in the North Region and other health care, mental health and behavioral health government contracts. The Divested Operations & Services Segment includes the operations of its businesses that provides administrative services to UnitedHealth Group and its affiliates in connection with the Northeast Sale. Health Net was founded in 1990 and is headquartered in Woodland Hills, CA.