Health Net of California

5/20/2003


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Table of Contents

Health Net of California

Discussion Topics

Improving Financial Performance - 2000 to 2002

Commercial Segment Diversification - Q1 2002 to Q1 2003

Product Diversification - Q1 2002 to Q1 2003

Segment Specific Commercial Market Share

Trends by Business Segment

Trends by Business Segment (cont.)

Government Trends

New Products and Networks

Medical Cost Management

Summary

Health Net of California

Author: RNB Communications