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News

Health insurer financial records subpoenaed in rate hike probe

The seven largest health insurance companies in California have until March 8 to deliver subpoenaed financial records and other documents to the state Attorney General Jerry Brown. The records will Read more...

Furor, demand for answers, spreads over rising healthcare premiums

Anthem Blue Cross isn't the only one drawing criticism for its rate increases. With U.S. Secretary of Health and Human Services Kathleen Sebelius demanding public justification for premium hikes of Read more...

Connecticut MDs protest takeover of Health Net memberships by UnitedHealthcare

Last month, Connecticut state regulators agreed to let UnitedHealthcare pick up renewal rights to Health Net's membership rolls. Under the plan, Health Net will stop offering health insurance in Read more...

Ingenix gets its comeuppance

For quite some time, complaints had been piling up over the rates U.S. health plans were paying for out-of-network charges. Doctors were upset because the rate base was low, and patients were unhappy Read more...

Health plan rescissions under fire in reform talks

Over the past year or two, we've told you some pretty colorful stories about the practice of rescission, under which health plans cancel active coverage on the premise that patients lied about Read more...

Healthcare M&A likely to be first private equity sector to recover

When the economy finally begins to stagger to its feet, expect healthcare to be the sector where the pace of M&A deals picks up the most quickly, according to a new analysis from healthcare Read more...

Study: Ingenix data used throughout health plan industry

The Senate has looked into the face of the infamous Ingenix rate databases, and concluded that they are legion. A new report by the Senate Commerce Committee has concluded that the Ingenix Read more...

Health Net will stop using Ingenix database

Following the lead of other insurers, including Cigna, UnitedHealth and Aetna, Health Net has agreed to stop using an Ingenix database commonly used by health plans to set out-of-network Read more...

Health Net will pay $1.95 million in recession suit

Marking another landmark in a titanic struggle between health plans, providers and consumers over the right to cancel policies, Health Net has agreed to pay $1.95 million to California hospitals to Read more...

Health Net's Jay Gellert - CEO Compensation

Jay Gellert - Health Net Total Compensation: $4,425,355 Details: Gellert, whose company is considering selling off divisions in at least four states, earned nearly $740,000 in additional compensation Read more...

Press Releases

Health Net to Sell Medicare Stand-Alone Prescription Drug Plan Business to CVS Caremark for Approximately $160 Million

LOS ANGELES--(BUSINESS WIRE)-- Health Net, Inc. (NYSE:HNT) today announced that its subsidiary, Health Net Life Insurance Company, has entered into a definitive agreement to sell its Medicare Read more >>

Know When the ER is the Right Choice for Care

Emergency-room visits often are unnecessary, driving up costs and trying patients’ patience LOS ANGELES--(BUSINESS WIRE)-- With flu season waiting in the wings, emergency rooms nationwide will likely Read more >>

Practice Fusion Adds Cora M. Tellez to Board of Directors

Nationally recognized healthcare leader, Cora M. Tellez - formerly of Blue Shield and Health Net - joins the Board of Directors at Practice FusionSAN FRANCISCO, June 28, 2011 /PRNewswire/ -- Practice Read more >>

Health Net and Sutter Health Expand Network Selection in Sacramento Area

Significant premium savings are available for employers selecting the new PremierCare HMO network SACRAMENTO, Calif.--(BUSINESS WIRE)-- Health Net of California, Inc. and Sutter Health have created a Read more >>

Health Net Federal Services Selects Landacorp's Collaborative Health and Care Management Solution, CareRadius

CareRadius enables collaboration between Health Net, beneficiaries, and providers to help promote improvements in population healthCHICO, Calif., Oct. 14 /PRNewswire/ -- Landacorp, a SHPS company and Read more >>