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Health Net Federal Services and MHN Government Services Receive Recognition As Corporate Sponsors of the 22nd National Disabled Veterans Winter Sports Clinic

Posted on: Thursday, 17 April 2008, 09:01 CDT

Health Net Federal Services, LLC (Health Net), the government operations division of Health Net, Inc. (NYSE:HNT), and MHN Government Services (MHNGS), Health Net, Inc.'s behavioral health division, were honored to receive a recognition plaque from the Department of Veterans Affairs (VA) and the Disabled American Veterans (DAV) as Host and Silver corporate sponsors of the 22nd National Disabled Veterans Winter Sports Clinic held in Snowmass Village, Colo., March 30 -- April 4, 2008.

Known as "Miracles on a Mountainside," the annual Winter Sports Clinic is the largest rehabilitation event of its kind in the world, and is open to all U.S. military veterans with severe disabilities who receive care at VA health care facilities. Jointly sponsored by VA and DAV, more than 400 severely disabled veterans from across the country attended the clinic.

Health Net and MHNGS contributions helped to provide transportation, meals and incidental expenses for more than 200 first-time veterans and nearly 30 active duty combat wounded soldiers, and a group of employees attended the clinic to volunteer throughout the event. MHNGS also offered on-site counseling services for veterans and their families.

For more information: http://www1.va.gov/vetevent/wsc/2008/default.cfm.

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 Federal Services 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.

About MHN Government Services

MHN Government Services collaborates with government entities worldwide to deliver solutions that drive behavior change. MHN has provided family counseling and advocacy services to military personnel and their families since 2004, launching its Government Services division in January 2006 to support these programs. Through the Military and Family Life Consultant (MFLC) Program, MHNGS serves hundreds of thousands of military personnel and families worldwide. As a key subcontractor to the VISN 12 VetAdvisor Program (under prime contractor ThreeWire Systems), MHNGS performs telephonic outreach and Care Coaching support to returning Operation Iraqi Freedom and Operation Enduring Freedom veterans in the Great Lakes area.

From supporting service members and their families as planes arrive from and depart to war zones, to aiding victims of domestic abuse at military installations nationwide, to supporting Department of Defense Education Association (DoDEA) to provide MFLC services in the DoDEA schools, Purple Camps and Guard and Reserve summer camps to children, staff, and parents, MHNGS' solutions for military families are unique in their global reach, flexibility and timeliness. MHNGS' management team is based in several offices throughout the United States and supports staff and programs at more than 100 military installations worldwide.

For more information on MHNGS, visit www.mhngs.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, regulatory issues, 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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