Health Net Appoints Angelee Bouchard as Senior Vice President, General Counsel and Corporate Secretary

Health Net, Inc. (NYSE:HNT) today announced that it has named Angelee Bouchard, 41, as senior vice president, general counsel and corporate secretary, effective immediately. She replaces Linda Tiano, who is relocating to the company’s Shelton, Conn., office and becomes president, Regional Health Plans, Health Net of the Northeast, with responsibility for the Northeast health plans.

Bouchard joined Health Net in 2003 as vice president, assistant general counsel and assistant secretary. Her primary responsibilities have included oversight of all of the company’s corporate finance and merger-and-acquisition transactions as well as the company’s corporate governance program.

"I look forward to working with Angelee in her new role as general counsel at Health Net,” said Jay Gellert, president and chief executive officer, Health Net, Inc. "Angelee’s in-depth knowledge of the company, coupled with her extensive experience in corporate law and strong leadership skills, makes her the ideal person to serve in this position.”

Prior to joining Health Net, Bouchard was an associate in the Los Angeles office of Latham & Watkins LLP.

Bouchard received her J.D. from the University of Southern California and is a member of the California State Bar. She joins Health Net’s Executive Committee and will report directly to Gellert.

About Health Net, Inc.

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 6.6 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.