Health Net of Arizona Signs a Two-Year Agreement with Phoenix Children’s Hospital

Health Net of Arizona, Inc. and Phoenix Children’s Hospital (PCH) have renewed a two-year contract that will continue to provide Health Net members access to health care at PCH and its two new urgent care centers located in the East and Northwest Valley.

The contract covers Health Net members with employer-sponsored and Individual and Family Plans. Beginning Dec. 1, 2009, members will have access to all of PCH’s services, which include specialty and sub-specialty inpatient, outpatient, trauma and emergency care.

Carolyn Pace, Health Net’s vice president of Provider Network Management, said, "We are thrilled to continue to offer our members access to Phoenix Children’s Hospital’s services and their team of highly skilled medical staff. PCH is one of the 10 largest children’s hospitals in the nation, and we are excited about their expansion plans. The plans will allow the hospital to provide essential medical services to our community and quality care for years to come.”

Health Net of Arizona offers a network of more than 6,800 primary care and specialized physicians as well as 64 hospitals.

About Health Net of Arizona

Health Net of Arizona, Inc., a subsidiary of Health Net, Inc. (NYSE:HNT), serves more than 160,000 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 since 1981 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.

About Phoenix Children’s Hospital

Phoenix Children’s Hospital is Arizona’s only licensed children’s hospital, providing world-class care in more than 40 pediatric specialties to our state’s sickest kids. Though Phoenix Children’s is one of the 10 largest freestanding children’s hospitals in the country, rapid population growth in Arizona means the Hospital must grow as well. Phoenix Children’s recently announced a $588 million expansion plan to bring its special brand of family-centered care to even more patients and families. The plan includes a significant upgrade of the Hospital’s current campus, an aggressive physician recruitment effort, and new satellite centers in high growth areas of the Valley. For more information, visit the Hospital’s Web site at www.phoenixchildrens.com.