Health Net Federal Services Launches Veteran and Military Spouse Employment Initiative



ARLINGTON, Va., Jun 14, 2012 (BUSINESS WIRE) — In an effort to help reduce Veteran unemployment, Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. HNT +3.00{cd9ac3671b356cd86fdb96f1eda7eb3bb1367f54cff58cc36abbd73c33c82e1d} , today announced the launch of the Veteran and Military Spouse Employment Initiative, a comprehensive and progressive plan to recruit, hire, train and retain Veterans for the Health Net workforce.

This initiative, as well as recent partnerships with Joining Forces and Hero Health Hire, is reflective of Health Net’s commitment to the well-being of our nation’s Veterans.

“Health Net has a deep appreciation for the service and sacrifices of military members, their families and Veterans. We have a long history and sound record of hiring Veterans and military spouses. This formal initiative is a natural progression of our mission of service to military members, their families and the Veteran community,” said Tom Carrato, president of Health Net Federal Services. “We consider it good business to hire Veterans and are proud to be part of the Joining Forces and the Hero Health Hire efforts to ensure members of the military community successfully transition to civilian life.”

Key targets of the initiative include:

– Increasing hiring of Veterans and spouses by 10 percent over the next three years;

– Promoting and participating in recruitment opportunities such as military job fairs, conferences and online social media networks;

– Continuing to develop strategic relationships with Veteran and military organizations that support and foster employment opportunities, such as Hero Health Hire and Department of Defense Military Spouse Employment Partnership, Iraq Afghanistan Veterans of America, Joining Forces, Military Officers Association of America (MOAA), and Blue Star Families; and

– Implementing a system to monitor and track Veteran employment objectives to ensure effectiveness and overall program success.

“Leadership ability and the strong sense of mission that comes from military service are characteristics that are highly valued in a competitive business environment,” added Carrato. “Today’s unacceptable high rate of Veterans’ unemployment has led to robust efforts in the public, private and not-for-profit sectors to reverse this trend, and Health Net is committed to do its part.”

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 5.6 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 .

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