Health Net of Arizona Introduces Enhanced Individual and Family Health Plans

Health Net of Arizona, Inc. is providing health coverage solutions to Arizonans struggling in an unforgiving market. New to its 2010 Individual and Family Plan line-up, Health Net of Arizona has unveiled four plans designed to meet the budget and predictability needs for new and prospective members. The new Value plan line-up includes four PPO plans with deductible amounts ranging from $3,500 to $10,000. All provide dependable copays and 100 percent coinsurance for in-network coverage. Pharmaceutical coverage also is included.

The cost-saving alternatives provide a competitive range of medical coverage and are a simple approach to offering people the option to keep health insurance coverage on the table.

"Our Value plans offer ‘Real Coverage,’” explains Chris Porterfield, Individual and Family Plan sales manager at Health Net of Arizona. "Other plans in the marketplace might offer health coverage with reduced rates, but often the medical coverage is drastically compromised. Health Net of Arizona members have come to expect and appreciate the substantial amount of medical coverage that we continue to provide.”

With the challenging financial market, many Arizonans have to make tough choices in order to balance their budgets. "We’re pleased to share that existing members of Health Net of Arizona’s Individual and Family Plans will experience no rate increases on January 1, 2010,” says Porterfield. "Our plans are easy to use and understand and are affordable – a combination that is truly valuable in today’s economy.”

In addition to the four PPO Value plans, Health Net of Arizona also offers an HMO plan and HSA-Compatible PPO plans, in which the deductibles are now embedded, another enhancement for 2010. Health Net of Arizona Individual and Family Plans are available now for effective dates beginning January 1, 2010.

We’re here when you need us

Giving our customers quality care in today’s challenging economy is a priority. That’s why Health Net continues to provide simple, innovative solutions. Health insurance brokers and members of the public wanting more details about any of Health Net of Arizona’s Individual and Family plans may contact a Health Net sales representative at 888-463-4875.

About Health Net

Health Net of Arizona, Inc., a subsidiary of Health Net, Inc. (NYSE:HNT), serves approximately 170,000 members. Together with Health Net Life Insurance Company, it offers a wide spectrum of health care plans and specialty services, including coverage for vision, dental, life insurance, chiropractic and alternative medicine. Products include: Employer-sponsored Plans (HMO, PPO, POS and Indemnity); Medicare Advantage Plans; Individual and Family Plans (HMO and PPO); and access to a national provider network for PPO and POS products.

Health Net of Arizona has been serving Arizonans for 28 years and is proud to be selected as Arizona’s No. 1 HMO since 2005, based on the state’s largest business opinion poll, "Ranking Arizona,” which is conducted annually by Arizona Business Magazine.

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, any failure to close the pending sale of our Northeast business; costs, fees and expenses related to the pending sale and proposed post-closing administrative services; 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.