| Health Net, Inc. is a managed care company that delivers managed health care services through health plans and Government-sponsored managed care plans. It operates in three segments, Western Region Operations, Government Contracts and Northeast Operations. It provides and administers health benefits to approximately six million individuals across the country through group, individual, Medicare, Medicaid, the United States Department of Defense (DoD), including TRICARE, and Veterans Affairs programs. Its behavioral health services subsidiary, Managed Health Network, Inc., provides behavioral health, substance abuse and employee assistance programs to approximately five million individuals, including its own health plan members. Its subsidiaries also offer managed health care products related to prescription drugs. In April 2012, its subsidiary, Health Net Life Insurance Company, sold its Medicare stand-alone Prescription Drug Plan (Medicare PDP) business to a subsidiary of CVS Caremark. |
