Health Net is one of America’s largest publicly traded managed health care companies.
Health Net of California was established in 1977 as a non-profit company. In 1992 the state of California allowed the nonprofit to become a for-profit company.
In 1993 Health Net merged with Qualmed to form a new company, Health Systems International. The new company had 1.8 million members.
In 1997 Health Systems merged with Foundation Health Corporation to form Foundation Health Systems, a company valued at $1.27 billion and 5 million members in 17 states.
In 2000 the company changed its name to Health Net when the company went public on the New York Stock Exchange under the symbol HNT.
Today Health Net, Inc. provides managed care medical coverage to 5.4 million members. Services include vision, dental care, and pharmacy benefit programs.
Health Net is publicly traded on the New York Stock Exchange under the symbol HNT, is a member of the S&P 400, is #236 on the Fortune 500, has 7,565 employees, and had $11.30 billion in revenue in 2013.
Health Net, Inc.Health Net is one of America’s largest publicly traded managed health care companies.
Health Net of California was established in 1977 as a non-profit company. In 1992 the state of California allowed the nonprofit to become a for-profit company.
In 1993 Health Net merged with Qualmed to form a new company, Health Systems International. The new company had 1.8 million members.
History
In 1997 Health Systems merged with Foundation Health Corporation to form Foundation Health Systems, a company valued at $1.27 billion and 5 million members in 17 states.
In 2000 the company changed its name to Health Net when the company went public on the New York Stock Exchange under the symbol HNT.
Today Health Net, Inc. provides managed care medical coverage to 5.4 million members. Services include vision, dental care, and pharmacy benefit programs.
Health Net is publicly traded on the New York Stock Exchange under the symbol HNT, is a member of the S&P 400, is #236 on the Fortune 500, has 7,565 employees, and had $11.30 billion in revenue in 2013.
I have been on the phone with a Health Net rep for 1 hour, 10 minutes, who could not resolve my billing problem (being overcharged despite a letter from Health Net stating the amount would be less) and could not reach a supervisor. UNACCEPTABLE!!!
I am a satisfied Health Net customer. I had a curious situation come up recently involving the relationship between CVS Caremark and Health Net involving payments for packaging errors. Due to some recent errors in my medical records I decided to start double checking incoming receipts. My 90 day order of Xarelto was 3 pills short but the issue was promptly resolved. My copy of the invoice showed a charge of $60.29 for the processing of the 3 pills
and the charge is to be paid by Health Net? CVS Caremark confirmed this arrangement.
I’m unsure who made the packaging error, . probably Xarelto.
If this agreement to pay for another companies’ errors is in your contract I might consider finding new counsel.
Member: Jack Reynolds
C 40013259-01
.
CEO Jay Gelbert,
I’m a Member of Health Net who is being DISCRIMINATED AGAINST due to your Company Policy Not To Address The Consumer Complaint. I’m a DISABLED SENIOR WOMAN who has Special Medical Needs & Medical Devises in My Brain Health Net Claims to be Understanding in My Medical / Health Needs YET, Continues to DENY ME MEDICAL NECESSITIES dur to POLICY CHANGES. I’m covered under the American With Disabilities Act & Health Net has determined they DON’T HAVE TO ALLOW FOR THE RIGHT OF MEMBERS UNDER THIS ACT.
All Health Net does is continue to Allow Me To Pay Out Of Pocket For Necessary Medical Needs & Wont Honor My Reimbursement Claim.
What does it take for Health Net to PAY ATTENTION
Thanks Alot
Rhonda McNeal
Great post! We are linking to this particularly great article on our site.
Keep up the great writing.
It is 03/10/18 and I set aside time to file my 2017 taxes this week-end, but, because I’ve not received my 1099 from Hn I can’t complete the process. I called Broker Services and was told that many 1099’s were returned to Hn because they were mailed to the wrong address and I would need to be patient and wait until my 1099 arrives. I’ve been getting mail at the same address for over 10 years and receive many other Hn mailers. This is a great inconvenience to me and I don’t like being at the mercy of Hn’s ineptitude.
Contrary to the wording in the application re: the canceling of your present insurance I was advised I needed to cancel my insurance in order for the application to be processed. I did and then was denied coverage by HealthNet. I have had insurance all of my life, never a day without and had prior to speaking, for months and months, with the sales rep. Now, thanks to HealthNet I have been told to go and apply back at my former insurance company! I was also issued a welcome pack, id and had paid the premiums through April. I have never heard of a company who proceeds so recklessly.
Healthnet call continuously. And wants to ask the same care questions. So far I have been pleasant but today I hung up on them. Tel days ago I made it clear that I did not want to be called once a week. Bbut no one listens. I guess I need to start recording and file a harrassement charge.
Even this message will not change things.
My Health Net monthly premium costs are reimbursed by my company. In order to receive this reimbursement they need a letter from Health Net with the following info: My name and id #, my wife’s name and id # , plan name, effective dates and monthly premium cost. Apparently no one at HN is able to transmit this info to my company. Have been trying to accomplish this simple task since Jan . It is now April and the term : Customer Service has become a cruel joke. Please give me an e-mail address so that I can send you a sample letter.
The lack of integrity in your healthcare and attention to problems is detrimental to my health and the lives of your members clearly you have more in place to block us then help “us”.
healthnet sucks cant get my medical care usa army veteran calling my legislators mad as heck
Executives
CEO: Jay M. Gellert
CFO: Joseph C. Capezza
COO: James E. Woys
Have one of these call me. its urgent that there call me immediately like now.I have a major issue with my Med’s and costar serve.
Thanks,
Bryan J. Stephens
909-289-XXXXX