Covered California open-enrollment period runs
through January 31, 2016
Health Net, Inc. reminds California consumers that they have
until January 31, 2016, to enroll in new Covered California health
insurance coverage, or renew or change their existing coverage.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20151112005096/en/
Covered California, the state’s health insurance exchange,
allows most enrollment, renewals and changes each year during its
open enrollment period, which began on November 1 this
year.
“Health Net wants to help spread the word that this is the time
of year to get Covered California coverage,” said Jennifer A.
Moore, Health Net vice president, Individual Market and Health Care
Exchanges. “If you don’t sign up for coverage by the end of
January, you’ll be unable to enroll in Covered California coverage
for 2016, unless you qualify for a special enrollment.”
Helping Spread the Word
To help educate consumers about the importance of having health
insurance coverage, Health Net held an educational program on Oct.
30, 2015, at its Community Resource Center in East Los Angeles.
Click here to see a video of the event.
Participants in the program learned about Health Net on the
Move, in which licensed, certified enrollment counselors travel
throughout Southern California in specially outfitted RVs to help
individuals make informed decisions about their health insurance –
whether it’s through Covered California, Medi-Cal, Medicare or the
Cal MediConnect program for those who are dually eligible for
Medi-Cal and Medicare.
Health Net: Making Coverage Easy
Moore said Health Net works to help make health insurance
coverage and service easy, including through these features:
- An online Welcome Center where members
may pay their first month’s premium, schedule subsequent payments
and view educational videos on how to get the most out their Health
Net coverage. The educational videos are available in English and
Spanish;
- Convenient premium payment locations at
participating Walmart stores (plus the ability to pay online, over
the phone or by automatic bank draft);
- Up-to-date company news and health and
wellness tips on Health Net’s member blog; and
- A comprehensive website providing a
wide range of capabilities that allows members to find contracting
doctors and pharmacies, determine their copayments and deductibles,
download medical forms, view claims and authorizations, learn about
their Health Net benefits, and much more.
“We pride ourselves on listening to our members and providing
them with culturally sensitive materials and options,” said Moore.
“Whether it’s convenient payment choices, easy access to forms and
benefit information, educational videos or news they can use in
their daily lives, we strive to put much of it right at their
fingertips.”
About Health Net
Health Net, Inc. (NYSE:HNT) is a publicly traded managed care
organization that delivers managed health care services through
health plans and government-sponsored managed care plans. Its
mission is to help people be healthy, secure and comfortable.
Health Net provides and administers health benefits to
approximately 6.1 million individuals across the country
through group, individual, Medicare (including the Medicare
prescription drug benefit commonly referred to as “Part D”),
Medicaid and dual eligible programs, as well as programs with the
U.S. Department of Defense and U.S. Department of Veterans Affairs.
Health Net also offers behavioral health, substance abuse and
employee assistance programs, and managed health care products
related to prescription drugs.
For more information on Health Net, Inc., please visit Health
Net’s website at www.healthnet.com.
Cautionary Statements
The company and its representatives may from time to time make
written and oral forward-looking statements within the meaning of
the Private Securities Litigation Reform Act (“PSLRA”) of 1995,
including statements in this and other press releases, in
presentations, filings with the Securities and Exchange Commission
(“SEC”), reports to stockholders and in meetings with investors and
analysts. 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 intended to be
covered by the safe harbor for “forward-looking statements”
provided by PSLRA. These statements are based on management’s
analysis, judgment, belief and expectation only as of the date
hereof, and are subject to changes in circumstances and a number of
risks and uncertainties. Without limiting the foregoing, statements
including the words “believes,” “anticipates,” “plans,” “expects,”
“may,” “should,” “could,” “estimate,” “intend,” “feels,” “will,”
“projects” and other similar expressions are intended to identify
forward-looking statements. Actual results could differ materially
from those expressed in, or implied or projected by the
forward-looking information and statements due to a number of
factors, variables or events. Certain of these factors relate to
the company’s proposed business combination with Centene
Corporation (“Centene”), including, among other things, the
expected closing date of the transaction; the possibility that the
expected synergies and value creation from the proposed merger will
not be realized, or will not be realized within the expected time
period; the risk that the businesses will not be integrated
successfully; disruption from the merger making it more difficult
to maintain business and operational relationships; the risk that
unexpected costs will be incurred; the possibility that the merger
does not close, including, but not limited to, due to the failure
to satisfy the closing conditions, including the receipt of
approval of both Centene’s stockholders and Health Net’s
stockholders; the risk that financing for the transaction may not
be available on favorable terms; and certain other risks associated
with the merger, as more fully discussed in the definitive joint
proxy statement/prospectus that is included in the Registration
Statement on Form S-4 that has been filed with the SEC on September
21, 2015, in connection with the merger. Other factors include,
among others, health care reform and other increased government
participation in and taxation or regulation of health benefits and
managed care operations, including but not limited to the
implementation of, and subsequent modifications to, the Patient
Protection and Affordable Care Act and the Health Care and
Education Reconciliation Act of 2010 and the regulations
promulgated thereunder (collectively, the “ACA”) as well as any
related fees, assessments and taxes; the company’s ability to
successfully participate in California’s Coordinated Care
Initiative, which is subject to a number of risks inherent in
untested health care initiatives and requires the company to
adequately predict the costs of providing benefits to individuals
that are generally among the most chronically ill within each of
Medicare and Medi-Cal and implement delivery systems for benefits
with which the company has limited operating experience; the
company’s ability to successfully participate in the federal and
state health insurance exchanges under the ACA, which involve
uncertainties related to the mix and volume of business that could
negatively impact the adequacy of the company’s premium rates and
may not be sufficiently offset by the risk apportionment provisions
of the ACA; increasing health care costs, including but not limited
to costs associated with the introduction of new treatments or
therapies; the company’s ability to reduce administrative expenses
while maintaining targeted levels of service and operating
performance; the recompetition of the company’s T-3 contract for
the TRICARE North region; negative prior period claims reserve
developments; rate cuts and other risks and uncertainties affecting
the company’s Medicare or Medicaid businesses; trends in medical
care ratios; membership declines or negative changes in the
company’s health care product mix; unexpected utilization patterns
or unexpectedly severe or widespread illnesses; failure to
effectively oversee the company’s third-party vendors;
noncompliance by the company or the company’s business associates
with any privacy laws or any security breach involving the
misappropriation, loss or other unauthorized use or disclosure of
confidential information; the timing of collections on amounts
receivable from state and federal governments and agencies;
litigation costs; regulatory issues with federal and state agencies
including, but not limited to, the California Department of Managed
Health Care and Department of Health Care Services, the Arizona
Health Care Cost Containment System, the Centers for
Medicare & Medicaid Services, the Office of Civil Rights
of the U.S. Department of Health and Human Services and state
departments of insurance; operational issues; changes in political,
economic or market conditions; investment portfolio impairment
charges; volatility in the financial markets; and general business
and market conditions. The factors described in the context of such
forward-looking statements in this press release could cause the
company or Centene’s plans with respect to the proposed merger,
actual results, performance or achievements, industry results and
developments to differ materially from those expressed in or
implied by such forward-looking statements. 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 any subsequent Quarterly Reports on Form 10-Q filed with
the SEC and the other risks discussed in the company’s filings with
the SEC. Readers are cautioned not to place undue reliance on these
forward-looking statements. Except as may be required by law, the
company undertakes no obligation to address or publicly update any
of its forward-looking statements to reflect events or
circumstances that arise after the date of this release.
This release contains references and links to
other websites that may contain content that is not owned or
controlled by Health Net. Please be aware that references or links
to other websites are provided for the user’s convenience and that
Health Net is not responsible for any such content that is not
owned or controlled by Health Net. Health Net does not express an
opinion on any such content and disclaims any liability in
connection therewith.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151112005096/en/
Media Contact:Health Net, Inc.Brad Kieffer, (818)
676-6833brad.kieffer@healthnet.comwww.twitter.com/hn_bradkieffer
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