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Health Neta?s Partnership with World Paralympic Ski Champion Chris Devlin-Young to Kick Off at the 25th National Disabled Veter

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^{Published in Health and Fitness on Tuesday, March 22nd 2011 at 5:45 GMT by Market Wire}  

LOS ANGELES--([ BUSINESS WIRE ])--[ Health Net, Inc ]. (NYSE:HNT) today announced its partnership with 2011 World Super G Paralympic Champion and U.S. Coast Guard Veteran Chris Devlin-Young to motivate and inspire Veterans with disabilities to overcome physical and emotional challenges. Health Neta™s year-long partnership with Devlin-Young will kick off at the upcoming 25^th National Disabled Veterans Winter Sports Clinic in Snowmass Village, Colo., March 27 a" April 1, 2011.

"The opportunities for athletes with disabilities are unlimited; they just need the courage and strength to reach out for help. The First Disabled Veterans Winter Sports Clinic changed my life, and I hope that I can help make a difference in their lives, too."

Health Net will participate as a host sponsor of the Winter Sports Clinic for the sixth time, as part of its ongoing commitment to serving Veterans and programs that help to improve their quality of life. Devlin-Young will lead the Pledge of Allegiance in the opening ceremonies to be held on Sunday, March 27, as well as serve as an instructor and mentor to other athletes during the week-long athletic events.

aHealth Net is honored to partner with Chris Devlin-Young at the Winter Sports Clinic to inspire courage and confidence in Veterans with disabilities,a said Steve Tough, president of Health Neta™s Government and Specialty Division, which includes Health Net Federal Services. aAs a World and U.S. Paralympic alpine skiing champion, Chris is a role model to athletes with disabilities. His experience can help others learn to thrive in the face of adversity.a

In 1982, Devlin-Young was on a Coast Guard mission in Alaskaa™s Aleutian Islands when his plane crashed into a mountain. He suffered irreversible spinal trauma as he attempted to save his fellow crewmembers from the burning wreckage. In 1987, his life was forever changed when he participated in the First National Disabled Winter Sports Clinic. Twenty-five years later, he is the current World Super G Sitting Paralympic Champion, which he won in January at the 2011 International Paralympic Committee (IPC) Alpine Skiing World Championships in Sestriere, Italy. Devlin-Young skis on a mono-board, a bucket-like seat attached to a single ski.

aMy goal is to inspire and help others with disabilities to realize their potential,a said Devlin-Young. aThe opportunities for athletes with disabilities are unlimited; they just need the courage and strength to reach out for help. The First Disabled Veterans Winter Sports Clinic changed my life, and I hope that I can help make a difference in their lives, too.a

The 25^th Disabled Veterans Winter Sports Clinic, sponsored by the Disabled American Veterans (DAV) and Department of Veterans Affairs (VA), is open to U.S. military Veterans with traumatic injuries and disabilities who receive care at a VA medical facility or military treatment facility. More than 350 athletes are expected to attend and participate in a variety of workshops and educational sessions that will positively impact their rehabilitative journey and readjustment in their communities. For Veterans recently injured in Operation Iraqi Freedom and Operation Enduring Freedom, the clinic provides an opportunity to test their new-found abilities and develop new lifestyle skills.

For more information on the 25^th National Disabled Veterans Winter Sports Clinic, please visit [ http://www.va.gov/opa/speceven/wsc/index.asp ]. To view a short video about Devlin-Young, visit [ www.hnfs.net ] or [ Facebook ].

About Health Net

Health Net, Inc. is a publicly traded managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans. Its mission is to help people be healthy, secure and comfortable. The company provides health benefits to approximately 6.0million individuals across the country through group, individual, Medicare (including the Medicare prescription drug benefit commonly referred to as aPart Da), Medicaid, Department of Defense, including TRICARE, and Veterans Affairs programs. Health Neta™s behavioral health services subsidiary, Managed Health Network, Inc., provides behavioral health, substance abuse and employee assistance programs to approximately 5.4 million individuals, including Health Neta™s own health plan members. 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 ].

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 Affordable Care Act, which could materially adversely affect Health Neta™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 Health Net 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 Health Neta™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 Health Neta™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, including the continued suspension of the marketing of and enrollment into Health Neta™s Medicare products for a significant period of time, which could have a material adverse impact on Health Neta™s Medicare business; operational issues; noncompliance by us or our business associates with any privacy laws or any security breach involving the misappropriation, loss or other unauthorized use or disclosure of confidential information; 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.

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