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Health Net, Inc. · Woodland Hills, CA United States ·(NYSE: HNT)

Company Description

21650 Oxnard St.
Woodland Hills, CA
91367
United States (Map)
Phone: 818-676-6000
Fax: 818-676-8591
Toll Free: 800-291-6911
Rankings
  • #165 in FORTUNE 500
  • S&P 400
View Health Net, Inc. Locations On A US MapThis link will open in a new window
Health Net is not another Web site trying to give you health advice, it's a web of health services. The company provides managed health care medical coverage to some 6.7 million members across the US. The company's health plan services unit offers HMO, PPO, Medicare, and Medicaid plans, as well as vision, dental care, and pharmacy benefit programs. The Managed Health Network subsidiary provides behavioral health and employee assistance to nearly 7 million individuals, including traditional health plan customers. Health Net's products are marketed to commercial clients through its sales force and external brokers; individual plans are sold mostly through independent agents. To read the full description, subscribe now.
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Key Health Net, Inc. Financials

Company TypePublic - NYSE: HNT

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$15,366.6
2008 Employees9,646

Health Net, Inc. Executives

39 executives listed for Health Net, Inc.'s Woodland Hills, CA location.
TitleName & BioContact
ChairmanRoger GreavesNetwork
President, CEO, and DirectorJay GellertNetwork
EVP and COOJames WoysNetwork

Competition

Competitive Landscape for Health Net, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
Top Health Net, Inc. Competitors
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