Health Net to sell Northeast operations to UnitedHealth
Tuesday, July 21, 2009 - 02:21
in Mathematics & Economics
For about $510 million, UnitedHealth will pick up Health Net's 578,000 members in Connecticut, New York and New Jersey. Last week Health Net lost an annual military healthcare contract to Aetna. Woodland Hills-based Health Net Inc. announced plans Monday to sell its Northeast U.S. health insurance operations to UnitedHealth Group Inc. for about $510 million.