ACTEK News

One of the Nation's Largest Managed Health Care Companies, Health Net Selects ACTEK’s ACom3

Woodland Hills, CA—February, 2004—Health Net, one of the nation's largest managed health care companies, has selected ACTEK’s ACom3 Application to support commission and bonus processing and payout. Heath Net’s selection criteria was based on the need for a system that could offer ease of implementation and scalability in addition to unlimited pay schedules and flexible payout processes. Health Net’s HMO, insured PPO and government contracts provide health benefits to over 5 million individuals in 14 states.

Health Net, Inc. is one of the nation's largest publicly traded managed health care companies. Its mission is to help people be healthy, secure and comfortable. The company's HMO, insured PPO and government contracts subsidiaries provide health benefits to approximately 5.3 million individuals in 14 states through group, individual, Medicare, Medicaid and TRICARE programs. Health Net's subsidiaries also offer managed health care products related to behavioral health and prescription drugs, and offer managed health care product coordination for multi-region employers and administrative services for medical groups and self-funded benefits programs.

ACTEK, Inc. is a leading provider of J2EE™ component software for the commission and incentive compensation market. ACTEK’s solutions are designed to deliver maximum ROI to clients through easily verifiable improvements in process efficiency, payout accuracy and improved sales staff and distribution channel loyalty. ACTEK is headquartered in Birmingham, Alabama.