Health Net Again Named to Hispanic Business Magazine’s Diversity Elite Top 60

Company Ranks Highest among Health Insurance Companies

LOS ANGELES--(BUSINESS WIRE)-- Health Net, Inc. (NYSE:HNT) today announced it was again named to Hispanic Business Magazine’s 2010 list of “Top 60 Diversity Elite,” with a ranking of No. 23. This is the company’s third consecutive year on the list. Health Net moved up 21 spots from last year and ranked highest among all health insurers.

According to the September edition of Hispanic Business Magazine, the factors determining the 2010 Diversity Elite involve more than 32 variables that measure a company’s commitment to Hispanic hiring, promotion, marketing, philanthropy and supplier diversity. To compile the list, the magazine contacted the top Fortune 1000 companies, American subsidiaries of Global 500 companies, and large U.S. public and private companies.

“We are honored to be on this prestigious list for the third consecutive year. We know that employing a significant Hispanic associate base helps us better understand and serve the needs of our Hispanic customers,” said Karin Mayhew, senior vice president of Organization Effectiveness. “We continually strive toward a more diverse workplace and affordable products to make health care more accessible to the multi-cultural populations we serve.”

About Health Net, Inc.

Health Net, Inc. is among the nation’s largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The company’s health plans and government contracts subsidiaries provide health benefits to approximately 6.0 million individuals across the country through group, individual, Medicare, Medicaid and TRICARE and Veterans Affairs programs. Health Net’s behavioral health subsidiary, MHN, provides mental health benefits to approximately 5.5 million individuals in all 50 states. The company’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 company’s website at www.healthnet.com.



CONTACT:

Health Net, Inc.
Margita Thompson, 818-676-7912
[email protected]
or
Amy Sheyer, 818-676-8304
[email protected]

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Health  Mental Health  Professional Services  Human Resources  Insurance  Consumer  Hispanic  Managed Care

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