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Health Net News
Health Net Life Insurance Company, a subsidiary of Health Net, Inc., has completed the sale of its standalone Medicare Prescription Drug Plan (PDP) business to a subsidiary of CVS Caremark, effective April 1, 2012.
As communicated in January, PDP benefits remain the same for members throughout 2012. As we continue to focus on providing excellent prescription services, members may use their existing identification (ID) cards and contact Member Services as indicated on the back of their ID cards.
There are no anticipated changes to Medicare Part D Formulary, the pharmacy network or claims procedures as a result of the sale. This transition does not affect Health Net’s Medicare Advantage plans with prescription drug plan, commercial plans, Medi-Cal or Healthy Families plans.
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