Item 8.01 Other Events.
As previously disclosed, Health Net Federal Services, LLC (the "Company"), the
government operations division of Health Net, Inc. (NYSE:HNT), filed a protest
with the Government Accountability Office ("GAO") in connection with the award
of the third generation TRICARE program contract for the North Region to Aetna
Government Health Plans. On November 4, 2009, the Company learned that the GAO
has upheld the Company's protest. Health Net anticipates the GAO will publicly
release additional information regarding its protest decision, including the
grounds for the decision and the remedy recommended by the GAO to the Department
of Defense (DoD). At this time, Health Net is not able to determine what actions
the DoD will take in response to recommendations by the GAO, nor can it
determine whether or not the protest decision by the GAO will have any effect
upon the ultimate outcome of the contract award.
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