Health Net Protest on Tricare Contract Upheld by GAO
On Wednesday, Health Net revealed that the U.S. Government Accountability Office has upheld a protest over the insurer's loss of its contract with Tricare, the military health care program. Health Net currently holds one of three regional contracts with Tricare, worth about $17 billion, but in July Aetna beat out Health Net for a new contract. There is no guarantee that GAO's ruling will result in Health Net's retaining its contract.
- "Health Net Might Have Chance at Military Pact" (Calvan, Sacramento Bee, 11/5).
- "Health Net's Contract Protest Upheld" (Robertson, Sacramento Business Journal, 11/4).