From Health Net:

Health Net Health Plan of Oregon Now Serving Washington Small Businesses

Health Net Health Plan of Oregon, a long-time health insurer for large businesses in Washington state, expands offerings to include small companies

Wednesday, June 3, 2015 9:05 am PDT

Dateline:

PORTLAND, Ore.

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Public Company Information:

NYSE:

HNT

"Our new coverage can be the right fit and value for small business owners, and our provider network in Washington includes a broad range of doctors, hospitals and other health care providers."

PORTLAND, Ore.--(BUSINESS WIRE)--Health Net Health Plan of Oregon, Inc., a wholly owned subsidiary of Health Net, Inc., now offers health insurance coverage for small businesses in Washington state.

“With nearly 80 years of experience providing affordable health insurance solutions in the Northwest, Health Net has the know-how to help Washington’s small-business owners address their employees’ health insurance needs,” said Chris Ellertson, president of Health Net Health Plan of Oregon, Inc.

Small Businesses Fueling Washington’s Economy

According to the U.S. Small Business Administration:

• Washington businesses with fewer than 100 workers employ 38 percent of the state’s workforce.
• 90 percent of Washington businesses that export goods are small firms, generating 24 percent of the state’s total known export value in 2012.
• 75 percent more businesses opened in Washington in 2013 compared to 2010, and 87 percent of them survived through 2014.
• Business bankruptcies declined from 2010 to 2014, signaling a stronger state economy.

“Health Net is committed to helping Washington small-business owners be competitive and successful, while continuing to fuel the state’s improving economy,” said Kevin Meier, director of Sales for Health Net Health Plan of Oregon. “Our new coverage can be the right fit and value for small business owners, and our provider network in Washington includes a broad range of doctors, hospitals and other health care providers.”

Product Information

Health Net Health Plan of Oregon’s new coverage is available statewide in Washington to businesses with one to 50 employees. Coverage consists of PPO policies, with a wide range of deductible levels. All policies include pediatric vision, pediatric dental and prescription drug coverage.

For Washington small business coverage, members and their covered dependents in most areas of the state have access to the First Choice Health PPO network, which provides access to doctors, hospitals and other health care providers. In five southern counties – Clark, Cowlitz, Klickitat, Skamania and Wahkiakum – Health Net Health Plan of Oregon contracts directly with local hospitals, doctors and other health care providers.

For more information, brokers or employers may call Health Net at 1-888-802-7001, option 2.

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 6.0 million individuals across the country through group, individual, Medicare (including the Medicare prescription drug benefit commonly referred to as “Part D”), Medicaid, dual eligible, U.S. Department of Defense, including TRICARE, and U.S. Department of Veterans Affairs programs. 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.

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