Covered California, the state’s health insurance exchange accepted Health Net Life Insurance Co.’s bid to provide preferred provider organization health insurance policies to eligible small businesses in all 58 counties. Covered California has stated that it expects to begin enrolling beneficiaries on Oct. 1, 2013, for individual and small business coverage that it expects to become effective Jan. 1, 2014.
Health Net Life is a wholly owned subsidiary of Health Net of California, which is a wholly owned subsidiary of Health Net Inc. In May, Health Net of California and Health Net Life were approved to offer HMO and PPO health plans, respectively, in the Covered California’s individual health insurance exchange.
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