Health & Fitness
Health and Fitness
Health and Fitness
Mon, September 20, 2010
Fri, September 17, 2010
Health Net Sponsors the 3rd National Veterans Summer Sports Clinic in San Diego
SACRAMENTO, Calif.--([ BUSINESS WIRE ])--[ Health Net Federal Services ], LLC, part of the Government Contracts segment of [ Health Net, Inc. ] (NYSE:HNT), and [ MHN ] (Managed Health Network, Inc.), Health Neta™s behavioral health subsidiary, today announced their national sponsorship of the 3rd National Veterans Summer Sports Clinic, to be held September 19 - 25, 2010, in San Diego, Calif.
"Sponsoring the 3rd National Veterans Summer Sports Clinic is an excellent opportunity for us to give back to Veterans who have sacrificed so much."
aHealth Net is dedicated to improving the quality of life for Americaa™s Veterans by supporting programs that help Veterans achieve a healthy life and improved spirit,a said SteveTough, president of Government Programs, Health Net, Inc. aSponsoring the 3rd National Veterans Summer Sports Clinic is an excellent opportunity for us to give back to Veterans who have sacrificed so much.a
In addition, Nashville recording artist Barry Michael is partnering with Health Net to encourage Veterans to use rehabilitation therapy, including behavioral health support, to confront their challenges and to achieve their goals. Tough added, aWe want to encourage Veterans and military families to use the various behavioral resources and tools available to them to help them thrive in the face of adversity. We are honored to have Barry sing his patriotic and inspiring song, Heroes and Angels, to all clinic attendees in San Diego.a Health Net Federal Servicesa™ [ website ] is the only site where his song, [ Heroes and Angels ], can be downloaded free of charge.
Because Health Net recognizes the benefits of a holistic approach to wellness, its behavioral health subsidiary, MHN, will provide on-site coaches to offer support and education for participating Veterans and their caregivers.
The Summer Sports Clinic promotes rehabilitation of body and spirit by teaching summer sporting activities to Veterans with significant physical or psychological impairments. Participation is open to U.S. military service Veterans who are newly injured from amputations, traumatic brain injuries, post-traumatic stress disorder and other neurological disorders. Sporting challenges such as sailing, surfing, kayaking, cycling, and track and field will be offered.
The Clinica™s activities not only help instill confidence and hope, but also demonstrate that having a visual or physical disability need not be an obstacle to an active, rewarding life. For more information, please visit [ www.summersportsclinic.va.gov ].
About Health Net
Health Net Federal Services, LLC, a subsidiary of Health Net, Inc., has a long history of providing cost-effective, quality managed health care programs for government agencies, including the Departments of Defense and Veterans Affairs. As the managed care support contractor for the TRICARE North Region, Health Net provides health care services to nearly 3.0million uniformed services beneficiaries, active and retired, and their families.
As the behavioral health subsidiary of Health Net, Inc., MHN provides comprehensive behavioral-change solutions for individuals and organizations, including managed behavioral health and employee assistance programs. MHN has provided family counseling and advocacy services to military personnel and their families since 2004, and launched its Government Services division in January 2006 to support these programs. The Military & Family Life Consultant Program continues to serve and support hundreds of thousands of military personnel and families across the nation and abroad. For more information, visit [ www.mhn.com ] and [ www.mhngs.com ].
Health Net, Inc. is among the nationa™s largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The companya™s health plans and government contracts subsidiaries provide health benefits to approximately 6.0million individuals across the country through group, individual, Medicare, Medicaid and TRICARE and Veterans Affairs programs. The companya™s behavioral health subsidiary, MHN, provides mental health benefits to approximately 5.5 million individuals in all 50 states. The companya™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 companya™s website at [ www.healthnet.com ]. For more information on Health Net Federal Services, please visit[ http://www.healthnetfederalservices.com/ ]or on[ Facebook ].
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 managementa™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 abelieves,a aanticipates,a aplans,a aexpects,a amay,a ashould,a acould,a aestimate,a aintenda and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially due to, among other things, health care reform; 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; rising health care costs; continued recessionary economic conditions or a further decline in the economy; negative prior period claims reserve developments; 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; investment portfolio impairment charges; volatility in the financial markets; 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 aRisk Factorsa section included within the companya™s most recent Annual Report on Form10-K and subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (aSECa), and the risks discussed in the companya™s other filings with the SEC. 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.
