Health Net Sponsors 2011 Congressional Medal of Honor Convention and Star-Studded Tribute Concert

RANCHO CORDOVA, Calif., - Health Net Federal Services, LLC, part of the Government Contracts segment of Health Net, Inc. (NYSE:HNT), and Managed Health Network, Inc. (MHN), Health Net’s behavioral health subsidiary, are honored to be sponsors of the 2011 Congressional Medal of Honor Society Convention in Louisville, Ky. More than 50 Congressional Medal of Honor recipients and their guests will participate in events designed to honor their service, sacrifice and deeds of heroism.

“Health Net recognizes the valor and courage displayed by all Medal of Honor recipients,” said Steve Tough, president of Health Net’s Government and Specialty Services, which includes Health Net Federal Services. “We are proud to support the Medal of Honor Society’s educational efforts that commemorate and salute the heroes of our nation’s present and past.”

In recognition of the 150th anniversary of the Congressional Medal of Honor, Health Net and Humana Military Healthcare Services will present, “A Tribute to American Valor,” a star-studded patriotic variety show honoring the nation’s armed forces and distinguished heroes. The sold-out show is scheduled to take place Thursday, Sept. 29, at 7:30 p.m., at the KFC Yum Center in downtown Louisville. More than 400 entertainers, singers and dancers are scheduled to perform before the 10,000 spectators.

Local, regional and national talent will highlight Medal of Honor history, and the tribute will be broadcast live to U.S. troops in Afghanistan, Iraq and throughout the world.

Featured celebrity appearances will include television and film star, Dennis Haysbert; country music sensation and multi-music award winner, Darryl Worley; Grammy-nominated and Entertainer of the Year, Tony Orlando; and other special guests. Attendees have the unique opportunity to meet some Medal of Honor recipients from World War II, Vietnam, Korea and Afghanistan. For more information, visit the website at www.2011cmohlouisville.org.

Health Net pays tribute to all who wear the Medal of Honor, including noted U.S. Army Veterans like Robert Foley, Allen Lynch and Walter Marm. Foley received the Medal of Honor in May 1968, Lynch in May 1970, and Marm in December 1966, for heroic and selfless efforts during the Vietnam War. The three Veterans are among the 85 living recipients today.

Health Net pledges through its Community Giving Program to support events, like the Congressional Medal of Honor Convention, that help active duty service members, Reserve Component members, retirees, Veterans, survivors and military families achieve a fit and healthy life, and honors their service and sacrifice to our nation.

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 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, 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 5.0 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 the company’s website at www.healthnet.com.