Health Net, Inc. (NYSE:HNT) announced today that members of its
management team are scheduled to present at the 2010 UBS Global
Healthcare Services Conference on February 8, 2010, at approximately
10:00 a.m. Eastern time.
A live webcast and replay of the presentation and the presentation
slides will be available at www.healthnet.com
under "Investor Relations.” The webcast is open to all interested
parties. The webcast should be accessed at least 15 minutes prior to its
start time. Anyone listening to the webcast will be presumed to have
read Health Net’s Annual Report on Form 10-K for the year ended December
31, 2008, subsequent Quarterly Reports on Form 10-Q, and other reports
filed by the company from time to time with the Securities and Exchange
Commission.
About Health Net
Health Net, Inc. is among the nation’s largest publicly traded managed
health care companies. Its mission is to help people be healthy, secure
and comfortable. The company’s health plans and government contracts
subsidiaries provide health benefits to approximately 6.1 million
individuals across the country through group, individual, Medicare,
Medicaid and TRICARE and Veterans Affairs programs. Health Net’s
behavioral health subsidiary, MHN, provides mental health benefits to
approximately 6.5 million individuals in all 50 states. The company’s
subsidiaries also offer managed health care products related to
prescription drugs, and offer managed health care product coordination
for multi-region employers and administrative services for medical
groups and self-funded benefits programs.
For more information on Health Net, Inc., please visit the company’s Web
site at www.healthnet.com.
Cautionary Statements
All statements in this press release, other than statements of
historical information provided herein, may be deemed to be
forward-looking statements and as such are subject to a number of risks
and uncertainties. These statements are based on management’s analysis,
judgment, belief and expectation only as of the date hereof, and are
subject to uncertainty and changes in circumstances. Without limiting
the foregoing, statements including the words "believes,” "anticipates,”
"plans,” "expects,” "may,” "should,” "could,” "estimate,” "intend” and
other similar expressions are intended to identify forward-looking
statements. Actual results could differ materially due to, among other
things, costs, fees and expenses related to the post-closing
administrative services to be provided under the administrative services
agreements entered into in connection with the sale of our Northeast
business; potential termination of the administrative services
agreements by the service recipients should we breach such agreements or
fail to perform all or a material part of the services required
thereunder; any liabilities of the Northeast business that were incurred
prior to the closing of its sale as well as those liabilities incurred
through the winding-up and running-out period of the Northeast business;
potential termination of our TRICARE North operations; rising health
care costs; a continued decline in the economy; negative prior period
claims reserve developments; investment portfolio impairment charges;
volatility in the financial markets; trends in medical care ratios;
unexpected utilization patterns or unexpectedly severe or widespread
illnesses; membership declines; rate cuts affecting our Medicare or
Medicaid businesses; litigation costs; regulatory issues; operational
issues; health care reform; and general business and market conditions.
Additional factors that could cause actual results to differ materially
from those reflected in the forward-looking statements include, but are
not limited to, the risks discussed in the "Risk Factors” section
included within the company’s most recent Annual Report on Form 10-K,
subsequent quarterly reports on Form 10-Q, and the risks discussed in
the company’s other filings with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these
forward-looking statements. The company undertakes no obligation to
publicly revise any of its forward-looking statements to reflect events
or circumstances that arise after the date of this release.
