The California Department of Health Care Services has awarded Health Net of California, Inc., a subsidiary of Health Net, Inc. (NYSE: HNT), five-year contracts to continue providing Medi-Cal managed care dental benefits in Los Angeles and Sacramento counties.
“We’re delighted the state recognized Health Net’s quality and value in providing critical access to dental care for Los Angeles and Sacramento county residents,” said David Friedman, vice president of State Health Programs for Health Net of California. “We are committed to our partnership with dental care providers and the state to help provide Medi-Cal dental beneficiaries with continued access to quality care.”
In both Los Angeles and Sacramento counties, Health Net is the only Medi-Cal dental plan that covers non-emergency services for both children and adults.
Health Net began providing services under the Sacramento contract on January 1, 2013, and is scheduled to begin providing services under the Los Angeles contract by July 1, 2013, subject to the parties agreeing to final terms and conditions.About Health Net Health Net, Inc. 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, through its subsidiaries, provides and administers health benefits to approximately 5.4 million individuals across the country through group, individual, Medicare (including the Medicare prescription drug benefit commonly referred to as “Part D”), Medicaid, U.S. Department of Defense, including TRICARE, and Veterans Affairs programs. Health Net’s behavioral health services subsidiary, Managed Health Network, Inc., provides behavioral health, substance abuse and employee assistance programs to approximately 4.9 million individuals, including Health Net’s own health plan members. Health Net’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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV