Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

Health Net Brings Out Medicare Advantage Plan for Latinos

Mon. October 26, 2009; Posted: 11:17 PM
Stocks RSS
Oct 27, 2009 (Close-Up Media via COMTEX) -- HNT | Quote | Chart | News | PowerRating -- Health Net, Inc. said that it has launched Salud con Health Net Medicare Advantage HMO, a new Medicare Advantage HMO plan targeting senior Latinos.

Building on Health Net's suite of Salud con Health Net products currently available to employers and individuals, this new medical and prescription drug plan provides Latino Medicare beneficiaries access to culturally sensitive health care services in the counties of Los Angeles, Orange, Riverside and San Bernardino for the annual enrollment period, beginning November 15, the Company noted in a release. The launch was announced at Health Net's East Los Angeles Community Solutions Center.

"The Latino community is the fastest-growing market in California," said Ana Andrade, Health Net, Inc. vice president of Latino Programs, who led the launch of the company's first Salud product in 2000. "With this plan, Latino seniors can count on affordability, cost predictability and quality care from a network of culturally sensitive health care providers who are Latino or are trained and experienced in providing medical care that recognizes the special needs of Latinos."

Health Net said that Salud Medicare has a $0 monthly premium and $0 doctor and hospital copayments. It also covers transportation services for medical-related appointments to the plan's targeted network of health care providers. Members also have the opportunity to improve their health and well-being through a program called "Silver and Fit," which encourages members to reap the health and wellness benefits of a fitness routine - whether in the comfort of their own home or by enrolling for a no-charge membership at a local health club.

David Hayes-Bautista, Ph.D., a national expert on Latino health care, said Health Net's Salud Medicare is a step in the right direction. "While Latino seniors tend to see doctors and use hospitals less often than their non-Latino peers, it is important that they are comfortable in accessing the health care system when they need to and are encouraged to seek preventive care," said Hayes-Bautisita. "Health Net selected physician and other caregivers for its provider network who bridge the cultural and language gaps that can create barriers for Latino patients."

According to the latest U.S. Census figures, Latino seniors, ages 65 and older, currently total 2.3 million and make up 6.5 percent of the U.S. elderly population. Projections have this group growing to 15 million by the year 2050, making up 17.5 percent of the U.S. elderly population. Not only will Latinos make up a large percentage of the elderly population in the future, but several industry studies also indicate they are expected to live longer than seniors of other ethnic backgrounds.

((Comments on this story may be sent to health@closeupmedia.com))

For full details on Healthnet Inc (HNT) click here. Healthnet Inc (HNT) has Short Term PowerRatings of 4. Details on Healthnet Inc (HNT) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [HNT]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.