UBS Warburg Global Healthcare Services Conference

2/5/2003


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Table of Contents

UBS Warburg Global Healthcare Services Conference

Cautionary Statement

Health Net - One Company - Introduction

Health Net - Profitable Growth 2002

Profitable Growth - Revenue and Membership

Profitable Growth - Quality Earnings*

Profitable Growth - Quality Balance Sheet

Health Net - 2002 Completed Initiatives

2002 Initiatives - New Products

2002 Initiatives - Share Repurchases

Health Net - One System

Health Net - One System

2002 Initiatives - One System

Health Net - Everybody Information System

2002 Initiatives - Everybody Information System

Health Net - One Company - 2003

Profitable Growth - The Next Three Years

“The Big Five” Key Metrics*

Health Net - One Company - Customer Service

Health Net - One Company - First Call Resolution

Health Net - One Company - Average Speed to Answer

Health Net - One Company - Abandonment Rate

Health Net - One Company - Claims Turnaround within 30 Days

Health Net - One Company - Auto Adjudication Rate

Health Net - One Company - % Claims Received via EDI

2003 Initiatives - New Products

2003 - One Company, One System

2003 Initiatives - EIS

One Company - Take Home Message

Health Net, Inc.

Author: Deloitte Consulting