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Health Net, Inc.

Industry: Accident & Health Insurance

Fortune Rank: 146

Health Net, Inc. is a managed healthcare organization that administers the delivery of managed healthcare services. For the 6 months ended 6/30/05, revenues increased 2% to $5.93B. Net income rose 33% to $74.9M. Revenues reflect increased sales from government contracts and higher investment income. Net income reflects lower health plan services expenses and decreased selling expenses.

Health Net Inc. is an integrated managed care organization that delivers managed healthcare services through health plans and government sponsored managed care plans. The Company operates and conducts its businesses through its subsidiaries. Its health plans and government contracts subsidiaries provide health benefits through its health maintenance organizations (HMOs), insured preferred provider organizations (PPOs) and point-of-service (POS) plans in 27 states and the District of Columbia through group, individual, Medicare, Medicaid and TRICARE programs. Health Net also offers managed health care products related to behavioral health and prescription drugs. It owns health and life insurance companies licensed to sell exclusive provider organization, PPO, POS and indemnity products, as well as auxiliary non-health products, such as life and accidental death and dismemberment, dental, vision, behavioral health and disability insurance.

Health Net, Inc.

Health Net, Inc. achieved revenue of $15,713.20 million in 2010 but posted a loss of $-49.00 million.

Health Net, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 146th compared to 165th in 2009. This was based on its 2009 revenue of $15,367 million (a change of 0 million compared to 2010) and profits of $95 million (a change of $-144 million compared to 2009).

Another point of view

To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Health Net, Inc. would be ranked 412th rather than 146th due to the fact it made a loss of $-49 million in 2010.

* US$ Million

• Address
  • Health Net, Inc.
    21650 Oxnard Street
    Woodland Hills
    CA
    91367
• Contact Details
  • Phone: 818-676-6000
  • Fax: 818-676-8591
  • Website: www.healthnet.com
  • Stock Symbol: HNT

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