HealthNet

Important Facts About HealthNet Health Insurance

HealthNet, Inc. is one of the largest publicly traded managed health care companies in the country. The overriding goal of HealthNet.Inc. is to ensure that its policyholders are suitably protected and completely satisfied with their individual health insurance plans.

The plans HealthNet offers include POS, HMO, insured PPO and government contract subsidiaries. These various health insurance options provide health benefits to over 6.6 million customers who live in 27 different states and the District of Columbia. All of these policies are open to both groups and individuals and include TRICARE, Medicaid and Medicare.

An important subsidiary of HealthNet is MHN, which offers behavioral health insurance to nearly 7 ½ million individuals in various states. MHN provides this important type of health insurance coverage, which includes employee assistance programs (EAPs) and substance abuse programs, to its policyholders.

Other HealthNet subsidiaries offer managed care products, such as prescription drug coverage. Self-funded benefits programs, as well as administrative services for medical groups, are also obtainable through these companies.


A Review of HealthNet Health Plans

HealthNet PPO plans (Preferred Provider Organization) are a good choice for those individuals who want the freedom to choose their own physicians and specialists without having to get a referral from a Primary Care Physician (PCP). With a PPO plan, the policyholder can choose from a vast network of “preferred” providers. Once the annual deductible amount is met, you pay only a co-payment per visit and a percentage of the total fees, depending on your individual coverage. Annual deductibles can range from $500 to $5000. The lower your deductible, the higher your premium, and vice versa. Co-insurance for in-network services is 80%.

HealthNet HMO plans (Health Maintenance Organization) work well for consumers who desire more predictable medical expense costs and who are comfortable with having one doctor coordinate all of their medical care. The policyholder must choose a Primary Care Physician from within the HMO network. If and when a specialized physician or diagnostic technician is needed, the PCP is required to provide you with a referral also from within the HMO network. These plans have a set co-payment amount for routine office visits, prenatal care, and diagnostic testing. They also provide coverage for preventative care services, prescription drugs, and worldwide emergency care.

HealthNet also offers consumers Health Savings Account (HSA) plans which consist of tax-advantaged medical savings accounts that are linked with high deductible health plans. These high deductible plans feature low monthly premiums and provide for catastrophic coverage. The tax-free savings account allows policyholders to save money for medical expenses. This allows them to take control of their routine medical spending which can help reduce unnecessary costs and procedures. At the end of the year, any unused funds are automatically rolled over. HSA plans provided through HealthNet can have annual deductible amounts ranging from $1,750 to $2,600 for individuals and $3,500 to $5,150 for families.


Competing Carriers

Medical Mutual
United Health Care


HealthNet Quotes Are Available in Arizona, California and Oregon