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Health Net Focuses on Children of the Deployed

Posted on: Wednesday, 24 October 2007, 09:00 CDT

Health Net Federal Services, LLC (HNFS), the government operations division of Health Net, Inc. (NYSE:HNT), and MHN, Inc., Health Net's behavioral health subsidiary, announced today the release of My Life, a Kids' Journal designed for military children whose parent or loved one is deployed. The journal was developed as part of Health Net Federal Services' new kids initiative in an effort to provide additional resources to help children successfully navigate the unique challenges military families face, particularly deployment.

"At Health Net Federal Services and MHN, we are privileged to serve a unique population--the men, women and families of our United States Armed Services. Every day we are reminded of the unique sacrifices our service members and their families make to serve our country. This journal, My Life, provides us with the opportunity to respond to the challenges they face in meaningful ways," said Steve Tough, president, Health Net Federal Services.

"MHN is proud to have the opportunity to help children cope with the emotions surrounding deployment and war," stated Steve Sell, president, MHN, Inc. "This journal is a wonderful complement to the existing services we provide military members and their families."

The 44-page journal, designed in vivid colors, guides children through the process of formulating and making sense of their feelings during a loved one's deployment and helps establish important dialogue with their parents. The journal is meant to serve as a keepsake for the child or as a gift to their special person who is deployed once it's completed.

In September, Health Net distributed 400 journals to children of junior enlisted service members at Camp LeJeune's annual Back to School event. Shortly thereafter, two local North Carolina elementary schools requested a total of 140 journals for their deployment programs. In collaboration with military coalition partners, such as Armed Services YMCA and National Military Families of America, Health Net Federal Services and MHN will continue to distribute My Life throughout the TRICARE North Region.

Organizations that would like to order complimentary copies of My Life for military children in the TRICARE North Region may call 571-227-6553 or 916-351-5355.

About Health Net

Health Net Federal Services, a subsidiary of Health Net, Inc., has a long history of providing cost-effective, quality managed health care programs for government agencies including the Department of Defense and Veterans Affairs. As the managed care support contractor for the TRICARE North Region, Health Net provides health care services to over 3 million uniformed services beneficiaries, active and retired, and their families.

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 6.6 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 7.0 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 Web site at www.healthnet.com.

Cautionary Statements

Health Net, Inc. and its representatives may from time to time make written and oral forward-looking statements, including statements contained in news releases, in Health Net's filings with the Securities and Exchange Commission, in the company's reports to shareholders and in meetings with investors and analysts, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, that involve a number of risks and uncertainties. All statements, other than statements of historical information provided herein, may be deemed to be forward-looking statements. These statements are based on management'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, the words "believes,""anticipates,""plans,""expects,""may,""should,""could,""estimate,""intend" and other similar expressions are intended to identify forward-looking statements. Actual results could differ materially due to, among other things, rising health care costs, negative prior period claims reserve developments, trends in medical care ratios, issues relating to provider contracts, litigation costs, operational issues, health care reform and general business 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 "Risk Factors" section included within the company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this release.

Source: Business Wire

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