Health Net Supports Tragedy Assistance Program for Survivors’ Honor Guard Gala

– Event Raises Funds to Help Provide Support, Comfort and Resources to Families of Fallen Military Service Members –

RANCHO CORDOVA, Calif.--(BUSINESS WIRE)--Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE:HNT), today announced its support as a presenting sponsor of the 2011 Tragedy Assistance Program for Survivors (TAPS) Honor Guard Gala. Proceeds from this evening's event will fund TAPS programs, which have helped to provide comfort and care to more than 30,000 families of fallen military service members.

“TAPS sets a high standard for the level of support and commitment the families of our fallen service members depend on and deserve. We are proud to continue our long-time partnership with TAPS to support its mission.”

“Health Net Federal Services is honored to stand beside Tragedy Assistance Program for Survivors as a presenting sponsor of this very important event,” said Steve Tough, president of Health Net’s Government and Specialty division, which includes Health Net Federal Services. “TAPS sets a high standard for the level of support and commitment the families of our fallen service members depend on and deserve. We are proud to continue our long-time partnership with TAPS to support its mission.”

The evening event will be emceed by CNN Pentagon correspondent, Barbara Starr, with the keynote address delivered by Admiral Michael Mullen, Chairman of the Joint Chiefs of Staff. The program includes TAPS’ inauguration of the Ted Stevens Leadership Award to recognize military survivors, in honor of the late Senator Stevens for his legacy of caring for the families of fallen military service members and his instrumental contributions to founding TAPS in 1994. Additionally, a segment of the upcoming film documentary, “Gold Star Children,” which highlights TAPS programs, will be shown. The program will conclude with Nashville recording artist and Health Net partner, Barry Michael, performing his patriotic song “Heroes and Angels,” dedicated to all those who serve, while a group of children from TAPS programs wave goodnight to the attendees.

TAPS provides peer-based emotional support, grief and trauma resources, case work assistance and a 24/7 resource and information helpline for all who have been affected by a death in the Armed Forces. Services are provided free of charge through donations made by citizens, corporations and foundations. For more information, go to www.taps.org or call the toll-free helpline at 800.959.TAPS (8277).

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. The company provides 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, 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 5.4 million individuals, including Health Net’s own health plan members. The company’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 the company’s website at www.healthnet.com.