Health Net Federal Services' Marketing, Communications and Graphics division works with various departments within the organization to produce extensive education and communication materials and resources for TRICARE and Veterans Affairs beneficiaries to educate them on their benefits, honor their sacrifice, and respond to the unique challenges military families face.

Health Net Federal Services received eight distinguished MarCom Awards. The following four entries, followed by the category entered, received a Platinum Award, MarCom's most prestigious award: "Enrollment Virtual Environment (EVE) Training" (Writing/Web Based Training); "Healthy Living Packet" (Media Kit/Service Launch); "My Life Kids Journal Series" (other); "PN Magazine News Article -- Quest for the Best" (Writing/Feature Article). The following three entries received a Gold Award: "AMSUS Ad" (Ads/Magazine); "Be a Compliance Hero Privacy Awareness" (Marketing/Promotion Campaign/Special Events); "Celebration of Children Toy Drive Poster" (Design/Poster); and Health Net's "National Guard & Reserve Benefits Video" (CD/DVD Based Multi-media Campaign) received an Honorable Mention. View some of Health Net's award-winning materials.

Entries were judged on quality, creativity and resourcefulness and overall quality that serve as industry benchmarks by a panel of international marketing and communication experts. This year, nearly 5,000 entries were received from organizations including media conglomerates and Fortune 500 companies from all over the world.

About Health Net

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 6.5 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 Web site at www.healthnet.com.

SOURCE: Health Net Federal Services, LLC

Health Net, Inc. 
Margita Thompson, 818-676-7912 
margita.thompson@healthnet.com 
or 
Health Net Federal Services 
Molly Tuttle, 916-351-5355 
molly.tuttle@healthnet.com

Health Net's management team will host its Investor Day at the Millennium Broadway Hotel in New York City on February 11, 2010.

About Health Net

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 6.5 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 Web site at www.healthnet.com.

Cautionary Statements

All statements in this press release, other than statements of historical information provided herein, may be deemed to be forward-looking statements and as such are subject to a number of risks and uncertainties. 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, statements including 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, any failure to close the pending sale of our Northeast business; costs, fees and expenses related to the pending sale and proposed post-closing administrative services; potential termination of our TRICARE North operations; rising health care costs; a continued decline in the economy; negative prior period claims reserve developments; investment portfolio impairment charges; volatility in the financial markets; trends in medical care ratios; unexpected utilization patterns or unexpectedly severe or widespread illnesses; membership declines; rate cuts affecting our Medicare or Medicaid businesses; litigation costs; regulatory issues; operational issues; health care reform; and general business and market 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, subsequent quarterly reports on Form 10-Q, and the risks discussed in the company's other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The company undertakes no obligation to publicly revise any of its forward-looking statements to reflect events or circumstances that arise after the date of this release.

SOURCE: Health Net, Inc.

Health Net, Inc. 
Investor Contact: 
Angie McCabe, 818-676-8692 
angie.mccabe@healthnet.com 
Media Contact: 
Margita Thompson, 818-676-7912 
margita.thompson@healthnet.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

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