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Health Net Hires Health Care Leader As President of Federal Services Division

Posted on: Monday, 30 January 2006, 09:00 CST

Health Net Federal Services, LLC (HNFS), the government operations division of Health Net, Inc. (NYSE:HNT), announced today that Steve D. Tough has joined HNFS as president, overseeing the day-to-day operations and management of its TRICARE and Veterans Affairs businesses. The addition of Tough to the management team allows Jim Woys, president of Health Net's Government and Specialty Services division, to focus on a broader scope of corporate issues like health care management, as well as overseeing the business units of HNFS; MHN, Health Net's behavioral health subsidiary; and Health Net Pharmaceutical Services.

Tough has a long-standing career in the health care industry. He spent 28 years with Foundation Health Corporation (a predecessor company of Health Net, Inc.), eight of those years as president and chief operating officer in the Government and Specialty Services groups.

"It is very exciting for us to have Steve return to Health Net," said Woys. "His understanding of the intense and complex nature of the procurement process, which is quickly approaching, will allow me to take on more responsibility within the company, and will provide the HNFS management team the day-to-day support and knowledge to carry out the complex work involved with running performance-based government programs."

"I've been watching Health Net with interest since leaving in 1998 and I am impressed with its growth and success," commented Tough. "I look forward to working with their exceptional leadership team."

In 1998, after nearly three decades with Foundation Health, Tough started his own firm providing health care consulting services to a variety of companies, and served as president to the California Association of Health Plans and MAXIMUS, Inc., a health care services organization.

Tough earned his Bachelor of Arts in Health and Safety Studies from California State University, Sacramento; a Masters of Public Health from the University of Michigan; and is a graduate of the National HMO Fellowship Program, sponsored by the U.S. Department of Health, Education, and Welfare (now U.S. Department of Health and Human Services), Office of Health Maintenance Organizations.

About Health Net

Health Net Federal Services, LLC, a subsidiary of Health Net, Inc. (NYSE:HNT), 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 HMO, POS, insured PPO and government contracts subsidiaries provide health benefits to approximately 6.4 million individuals in 27 states and the District of Columbia through group, individual, Medicare, Medicaid and TRICARE programs. Health Net's behavioral health services subsidiary, MHN, provides behavioral health, substance abuse and employee assistance programs (EAPs) to approximately 7.3 million individuals in various states, including the company's own health plan members. 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. For more information on Health Net Federal Services, please visit www.healthnetfederalservices.com.

Source: Business Wire

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