Health Net Provides Emergency Support to 3 Million Members in California
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Emergency Medication Supply: In response to the declared state of emergency across six counties in California, Health Net ensures that affected members can obtain emergency medication supplies from their original pharmacies, safeguarding the healthcare needs of its three million members.
- Mental Health Support: Health Net offers 24/7 behavioral health services, including crisis support and counseling referrals, assisting members in coping with stress and trauma related to climate disasters, thereby enhancing member mental health security.
- Telehealth Services: During the state of emergency, Health Net provides free telehealth services for members unable to reach their primary care providers, ensuring that necessary medical consultations and support are accessible during the crisis.
- Healthcare Service Assurance: Health Net commits to taking additional steps during the emergency to ensure members have continuous access to essential healthcare services, reflecting the company's strong dedication to member health.
CNC
$40.81+Infinity%1D
Analyst Views on CNC
Wall Street analysts forecast CNC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNC is 39.23 USD with a low forecast of 32.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
4 Buy
9 Hold
2 Sell
Hold
Current: 40.510
Low
32.00
Averages
39.23
High
45.00
Current: 40.510
Low
32.00
Averages
39.23
High
45.00
About CNC
Centene Corporation is a healthcare company. The Company provides fully integrated services to government-sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Its segments include Medicaid, Medicare, Commercial and Other. Specifically, the Medicaid segment includes the Temporary Assistance for Needy Families (TANF) program, Medicaid Expansion programs, the Aged, Blind or Disabled (ABD) program, the Children's Health Insurance Program (CHIP), Long-Term Services and Supports (LTSS), Foster Care, Medicare-Medicaid Plans (MMP), which cover beneficiaries who are dually eligible for Medicaid and Medicare and other state-based programs. The Medicare segment includes Medicare Advantage, Medicare Supplement, Dual Eligible Special Needs Plans and Medicare Prescription Drug Plans. The Commercial segment includes the Health Insurance Marketplace product along with individual, small group, and large group commercial health insurance products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
