Health Net Rated Best in Service and Access in the State of New Jersey

FOR IMMEDIATE RELEASE
Contact:   Joanne Delaney
                 jdelaney@Compensation Solutionsinc.com
                    201-405-1115

Oakland NJ - October 2004 — New Jersey has just released their eighth annual New Jersey HMO Performance Report, which indicates that Health Net was rated highest in the state in the areas of Claims Processing and Overall Rating of health plans.  This report contains information on the performance of New Jersey’s managed health care plans, how well these plans deliver important health care services, and how members rate the services they receive.  It is also designed to give consumers and employers information on the quality of New Jersey’s managed health care plans.   

"We are pleased to hear that the Advisory Group found what Compensation Solutions has been promoting for seven years now," said Thomas J Cioffe, Compensation Solutions's Chairman and CEO.  "Health Net not only has one of the most comprehensive networks in the tri-state area, but also continues to be the best health insurance provider in service and access in the state.” 

“The information found in the annual New Jersey HMO Performance Report will allow you to choose the health plan that best serves you and your employees,” stated Governor James E. McGreevey, Governor of New Jersey.  The New Jersey Department of Health and Senior Services developed this report with the cooperation of the New Jersey health plans. An advisory group representing health plans, health care purchasers, providers and consumers (employees) guided the Department.  This report includes information on New Jersey commercial health plans’ health maintenance organization (HMO) and point-of-service (POS) products. The report includes all such health plans currently marketed in New Jersey that had at least 2,000 members in both 2002 and 2003.

About Compensation Solutions
Compensation Solutions is a leading professional employer organization (PEO) that serves as a full-time outsourced human resource partner for small and mid-sized businesses throughout the tri-state area and the United States. Compensation Solutions’ headquarters is located in Oakland, NJ with offices in Manhattan. By managing employee benefits, human resources, payroll and workers’ compensation administration, Compensation Solutions allows its clients to focus on their core competencies to maintain and grow their bottom line. For additional information, please visit our website at www.Compensation Solutionsinc.com.

About Health Net
Health Net of the Northeast, Inc., is a full-service health plan that serves over one million members in the quad-state area. With a physician network comprising more than 85,000 physician and provider office locations, Health Net is one of the largest health plans in the Northeast, offering a full array of open-access products and coordination for multi-region employers.

To access the New Jersey HMO Performance Report, please visit the State of New Jersey’s website at http://www.state.nj.us/health/hmo2004/performance.pdf