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Health Net and Centene to Combine
Jul 02, 2015
Health Net and Centene today announced that they will combine to create a leading diversified health care services enterprise with more than 10 million members across the country. The transaction is subject to regulatory review, shareholder approval and other customary closing conditions. Details are in Health Net's news release.
Health Net's two organizations will immediately begin seeking all necessary regulatory approvals, and they expect it to close in early 2016.
Through all the upcoming activities, Health Net will continue being laser-focused on the needs of their customers and brokers, who both have come to depend on them for quality, affordable health insurance coverage and service.
Health Net is working hard to ensure that their customers and business partners experience a seamless transition of services, and Centene shares this commitment.
The combined organization will be better equipped to address new business opportunities from the Affordable Care Act, bringing greater scale and operational resources to the commercial, Medicare, Cal MediConnect, and Medicaid expansion programs so vital to the success of our country's health care future.
If you have any questions, please contact a member of your b&p Sales Team - 888.733.3373.