Health Net to Hold Conference Call and Webcast to Discuss Fourth Quarter and Year-End 2012 Earnings Results
LOS ANGELES--(BUSINESS WIRE)--
Health
Net, Inc. (NYSE:HNT) expects to hold its quarterly conference call
to discuss fourth quarter and year-end 2012 earnings results on
Wednesday, January 30, 2013, at approximately 11:00 a.m. Eastern time
(8:00 a.m. Pacific time). Earnings results are expected to be announced
before the market opens on the same day.
The live conference call should be accessed at least 15 minutes prior to
its start with the following numbers:
(866) 393-1637 (Live – Toll-Free Domestic)
(706) 643-5711 (Live – International)
The access code for both the live conference call and replay is
89643769. A recording of the call can be heard from January 30, 2013
(12:00 p.m. Eastern Time / 9:00 a.m. Pacific time) through February 4,
2013 (12:00 Midnight Eastern time) by dialing one of the following
replay numbers:
(855) 859-2056 (Replay – Toll-Free Domestic)
(404) 537-3406 (Replay – International)
A live webcast and replay of the conference call also will be available
at www.healthnet.com
under “Investor Relations.” The conference call webcast is open to all
interested parties.
Anyone listening to the company’s conference call or webcast will be
presumed to have read Health Net’s Annual Report on Form 10-K for the
year ended December 31, 2011, Quarterly Reports on Form 10-Q for the
quarters ended March 31, 2012, June 30, 2012 and September 30, 2012, and
other reports filed by Health Net from time to time with the Securities
and Exchange Commission.
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.
For more information on Health Net, Inc., please visit Health Net’s
website at www.healthnet.com.
Cautionary Statements
Health Net, Inc. 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, among other things, health care
reform and other increased government participation in and regulation of
health benefits and managed care operations, including the ultimate
impact of the Affordable Care Act, which could materially adversely
affect Health Net’s financial condition, results of operations and cash
flows through, among other things, reduced revenues, new taxes, expanded
liability, and increased costs (including medical, administrative,
technology or other costs), or require changes to the ways in which
Health Net does business; rising health care costs; continued slow
economic growth or a further decline in the economy; negative prior
period claims reserve developments; trends in medical care ratios;
membership declines; unexpected utilization patterns or unexpectedly
severe or widespread illnesses; rate cuts and other risks and
uncertainties affecting Health Net’s Medicare or Medicaid businesses;
Health Net’s ability to successfully participate in the dual-eligibles
pilot programs; litigation costs; regulatory issues with federal and
state agencies including, but not limited to, the California Department
of Managed Health Care, 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; failure
to effectively oversee our third-party vendors; noncompliance by Health
Net or Health Net’s business associates with any privacy laws or any
security breach involving the misappropriation, loss or other
unauthorized use or disclosure of confidential information; liabilities
incurred in connection with Health Net’s divested operations; impairment
of Health Net’s goodwill or other intangible assets; investment
portfolio impairment charges; volatility in the financial markets; 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 Health Net’s
most recent Annual Report on Form 10-K and subsequent Quarterly Reports
on Form 10-Q filed with the SEC, and the other risks discussed in Health
Net’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, Health Net 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.
Health Net, Inc. Investor Contact: Angie McCabe (818)
676-8692 angie.mccabe@healthnet.com or Media
Contact: Brad Kieffer (818) 676-6833 brad.kieffer@healthnet.com
Press Release $HNT Health Net, Inc.
LOS ANGELES--(BUSINESS WIRE)-- Health Net, Inc. (NYSE:HNT) expects to hold its quarterly conference call to discuss fourth quarter and year-end 2012 earnings results on Wednesday, January 30, 2013, at approximately 11:00 a.m. Eastern time (8:00 a.m. Pacific time). Earnings results are expected to be announced before the market opens on the same day.
The live conference call should be accessed at least 15 minutes prior to its start with the following numbers:
The access code for both the live conference call and replay is 89643769. A recording of the call can be heard from January 30, 2013 (12:00 p.m. Eastern Time / 9:00 a.m. Pacific time) through February 4, 2013 (12:00 Midnight Eastern time) by dialing one of the following replay numbers:
A live webcast and replay of the conference call also will be available at www.healthnet.com under “Investor Relations.” The conference call webcast is open to all interested parties.
Anyone listening to the company’s conference call or webcast will be presumed to have read Health Net’s Annual Report on Form 10-K for the year ended December 31, 2011, Quarterly Reports on Form 10-Q for the quarters ended March 31, 2012, June 30, 2012 and September 30, 2012, and other reports filed by Health Net from time to time with the Securities and Exchange Commission.
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.
For more information on Health Net, Inc., please visit Health Net’s website at www.healthnet.com.
Cautionary Statements
Health Net, Inc. 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, among other things, health care reform and other increased government participation in and regulation of health benefits and managed care operations, including the ultimate impact of the Affordable Care Act, which could materially adversely affect Health Net’s financial condition, results of operations and cash flows through, among other things, reduced revenues, new taxes, expanded liability, and increased costs (including medical, administrative, technology or other costs), or require changes to the ways in which Health Net does business; rising health care costs; continued slow economic growth or a further decline in the economy; negative prior period claims reserve developments; trends in medical care ratios; membership declines; unexpected utilization patterns or unexpectedly severe or widespread illnesses; rate cuts and other risks and uncertainties affecting Health Net’s Medicare or Medicaid businesses; Health Net’s ability to successfully participate in the dual-eligibles pilot programs; litigation costs; regulatory issues with federal and state agencies including, but not limited to, the California Department of Managed Health Care, 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; failure to effectively oversee our third-party vendors; noncompliance by Health Net or Health Net’s business associates with any privacy laws or any security breach involving the misappropriation, loss or other unauthorized use or disclosure of confidential information; liabilities incurred in connection with Health Net’s divested operations; impairment of Health Net’s goodwill or other intangible assets; investment portfolio impairment charges; volatility in the financial markets; 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 Health Net’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, and the other risks discussed in Health Net’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, Health Net 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.
Health Net, Inc.
Investor Contact:
Angie McCabe
(818) 676-8692
angie.mccabe@healthnet.com
or
Media Contact:
Brad Kieffer
(818) 676-6833
brad.kieffer@healthnet.com
Source: Health Net, Inc.