Health Net Sees 2011 EPS of at Least $2.05

Health Net, Inc. HNT today announced its 2011 annual guidance of at least $2.05 for GAAP earnings per diluted share, or at least $2.75 per diluted share for the combined Western Region Operations and Government Contracts segments. GAAP earnings per diluted share guidance includes the impact of expected severance costs and losses from the run-out of the company's Northeast operations but does not include the final tangible net equity payment the company expects to receive in December 2011.