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Friday April 18th 2014

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Health Net Overhauls Preparing for Obamacare

healthnetlogoHealth Net Inc. sees a big opportunity in Obamacare. Although some insurers have taken a cautious approach to the Affordable Care Act, the Woodland Hills managed care company is actively seeking to cover thousands of previously uninsured people under the new healthcare system. Health Net, which focuses on low-cost medical coverage for low- to middle-income households, has joined exchanges in California, Arizona and Oregon. It has added 400 employees and reassigned dozens more workers to handle the anticipated surge of customers. ”We are definitely all in with the Affordable Care Act,” said Jay Gellert, the company’s chief executive according to a recent report in the Los Angeles Times.