Last $47.53 USD
Change Today +0.77 / 1.65%
Volume 719.1K
HNT On Other Exchanges
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Munich
As of 8:04 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

21650 Oxnard Street

Woodland Hills, CA 91367

United States

Phone: 818-676-6000

Fax:

enrollment. As of December 31, 2013, it also provided Medicare supplemental coverage to 26,879 members through either individual Medicare supplement policies or employer group sponsored coverage. The company provides Medicare Advantage plans in select counties in Arizona, California, Oregon, and Washington. It also provides multiple types of Medicare Advantage Special Needs Plans, including dual eligible Special Needs Plans (designed for low income Medicare beneficiaries) in Arizona and California, chronic condition Special Needs Plans (designed for beneficiaries with congestive heart failure and diabetes) in California, Oregon, and Arizona. These plans provide access to additional health care and prescription drug coverage. Medicaid and Related Products The company operates as a Medicaid HMO in the United States based on membership. As of December 31, 2013, it had 1,112,677 members enrolled in Medi-Cal (California's Medicaid program) and other California state health programs, and had 3,936 Medicaid members enrolled in Arizona. California: Medi-Cal is a public health insurance program that provides health care services for low-income individuals resident in California, and is financed by California and the federal government. As of December 31, 2013, through HNCS, the company had Medi-Cal operations in 13 California counties, such as Fresno, Kern, Kings, Los Angeles, Madera, Orange, Riverside, Sacramento, San Bernardino, San Diego, San Joaquin, Stanislaus, and Tulare. The company is the sole commercial plan contractor with the State of California's Department of Health Care Services (DHCS) to provide Medi-Cal services in Los Angeles County, California. As of December 31, 2013, 571,797 of its Medi-Cal members resided in Los Angeles County. CMS approved California's Section 1115 Medicaid waiver proposal, which authorized mandatory enrollment of seniors and persons with disabilities (SPD) (also referred to as the aged, blind and disabled) in managed care programs to help achieve care coordination and manage chronic conditions. As of December 31, 2013, it had approximately 119,239 total SPD members, of which 91,965 members were from the mandated transition of those members to managed care. HN California participated in the Children's Health Insurance Program (CHIP), which in California, is known as the Healthy Families program. As of December 31, 2012, there were 141,376 members, including 209 Healthy Kids members, in its Healthy Families program. Arizona: In March 2013, the company was awarded a contract by the Arizona Health Care Cost Containment System (AHCCCS) to administer Medicaid benefits in Maricopa County, Arizona beginning in October 2013. AHCCCS uses federal, state and county funds to provide health care coverage to the state’s acute and long-term care Medicaid populations, low income groups and small businesses. Indemnity Insurance Products The company offers insured PPO, EPO, and indemnity products as ‘stand-alone’ products and as part of multiple option products in various markets. These products are offered by its health and life insurance subsidiaries, which are licensed to sell insurance in 49 states and the District of Columbia. Through these subsidiaries, the company also offers auxiliary non-health products, such as life, accidental death and dismemberment, dental, vision and behavioral health insurance. Its health and life insurance products are provided throughout majority of its service areas. Other Specialty Services and Products The company offers pharmacy benefits, behavioral health, and dental and vision products and services (primarily through strategic relationships with third parties), as well as managed care products related to cost containment for hospitals, health plans, and other entities as part of its Western Region Operations segment. Pharmacy Benefit Management (PBM) The company provides PBM services to Health Net members through its subsidiary, Health Net Pharmaceutical Services (HNPS). As of December 31, 2013, HNPS provided integrated PBM services to approximately 2.3 million Health Net members who have pharmacy benefits, including approximately 240,

 

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HNT:US $47.53 USD +0.77

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Industry Analysis

HNT

Industry Average

Valuation HNT Industry Range
Price/Earnings 16.0x
Price/Sales 0.3x
Price/Book 2.1x
Price/Cash Flow 13.6x
TEV/Sales 0.1x
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