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Health Net and USO Partner for the Health of Military Members

^{Published on 2010-11-18 11:50:38 - Market Wire}
 

RANCHO CORDOVA, Calif.--([ BUSINESS WIRE ])--[ Health Net Federal Services ], LLC, part of the Government Contracts segment of [ Health Net, Inc. ] (NYSE:HNT), today announced its partnership with United Service Organizations (USO) to help expand the reach of behavioral health resources to members of the United States Armed Forces.

"Health Net is very proud to partner with USO to help raise awareness and acceptance of behavioral health resources at the USO locations where our service men and women turn for comfort and support"

aHealth Net is very proud to partner with USO to help raise awareness and acceptance of behavioral health resources at the USO locations where our service men and women turn for comfort and support,a said Steve Tough, president of Health Neta™s Government and Specialty division, which includes Health Net Federal Services. aThe behavioral health of our military members contributes to the health of our country, our communities and our families.a

USO staff and volunteers have been trained and educated to identify individuals who may exhibit signs or symptoms of behavioral health issues related to combat stress or multiple deployments, including post traumatic stress disorder, traumatic brain injury or depression. Training prepares staff and volunteers to provide support and reassurance, as well as resources that can help military members resolve the challenges they face. Resources include Health Neta™s Behavioral Health Resource Center and TRICARE Assistance Program, web-based counseling, as well as the National Suicide Prevention Hotline and the Defense Center of Excellence where assistance is available 24 hours a day.

aThere can be a stigma among our nationa™s service members when it comes to reaching out for behavioral health services, and the fear that it might impact their career,a said Sloan Gibson, USO president. aIt is our hope that we can equip our staff and volunteers with information and resources to help guide our service members and their families, in the most sensitive manner possible, to the help and services they need when and where they need it.a

This partnership will initially launch at five USO centers including Baltimore Washington International Airport in Linthicum Heights, Md.; Dulles International Airport in Chantilly, Va.; Philadelphia International Airport in Philadelphia, Pa.; USO at Fort Drum in N.Y.; and USO at Fort Campbell in Ky., with plans to expand the partnership throughout the TRICARE North Region.

The TRICARE North Region includes Connecticut, Delaware, the District of Columbia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia, and Wisconsin, as well as small portions of Tennessee, Missouri and Iowa.

About USO

The USO (United Service Organizations) lifts the spirits of Americaa™s troops and their families millions of times each year at thousands of places worldwide. The USO provides a touch of home through centers at airports and military bases, top quality entertainment and innovative programs and services. The USO also provides critical support to those who need it most, including forward-deployed troops and their families, wounded warriors and their families and the families of the fallen.

The USO is a private, non-profit organization, not a government agency. It relies on the generosity of volunteers and donors. In addition to individual donors and other corporate sponsors, the USO is supported by Worldwide Strategic Partners American Airlines, AT&T Inc., BAE Systems, The Boeing Company, Clear Channel Communications, The Coca-Cola Company, Gallery Furniture, Lockheed Martin, Microsoft Corporation, Northrop Grumman Corporation, Procter & Gamble and TriWest Healthcare Alliance. It also is supported through the United Way and Combined Federal Campaign (CFC-11381). To join us in this patriotic mission and to learn more about the USO, please visit [ www.uso.org ].

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.

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 5.4 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, including the ultimate impact of the Patient Protection and Affordable Care Act, which could materially adversely affect the companya™s financial condition, results of operations and cash flows through, among other things, reduced revenues, new taxes, expanded liability, and increased costs (including medical, administrative, technology or other costs), or require changes to the ways in which the company does business; rising health care costs; continued slow economic growth or a further decline in the economy; negative prior period claims reserve developments; trends in medical care ratios; membership declines; unexpected utilization patterns or unexpectedly severe or widespread illnesses; rate cuts affecting the companya™s Medicare or Medicaid businesses; costs, fees and expenses related to the post-closing administrative services provided under the administrative services agreements entered into in connection with the sale of the companya™s Northeast business; potential termination of the administrative services agreements by the service recipients should Health Net 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; litigation costs; regulatory issues with agencies such as the California Department of Managed Health Care, the Centers for Medicare and Medicaid Services and state departments of insurance; 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.