Health Net Reports Q4 EPS of $.83 vs. $.77

Health Net, Inc. HNT today announced 2010 fourth quarter GAAP net income of $80.4 million, or $0.83 per diluted share, compared with a GAAP net loss of $45.2 million, or $0.43 per share, for the fourth quarter of 2009. Health Net's total revenues decreased 11.2 percent in the fourth quarter of 2010 to $3.4 billion from $3.8 billion in the fourth quarter of 2009.