Health Net Providing Special Assistance to Members Affected by the Atmospheric Rivers Due to the "2025 Late December Storms" in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Shasta Counties

Rhea-AI Summary

Health Net (NYSE: CNC) is providing special assistance to members affected by the atmospheric rivers and the "2025 late December storms" after a state of emergency was declared in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Shasta counties on Dec. 29–30, 2025.

Key member supports include: emergency prescription supplies from the original pharmacy during the emergency; a member assistance line at 1-800-400-8987; 24/7 behavioral health crisis support at 1-800-675-6110 (TTY: 711); and no-cost telehealth access when primary care is unreachable. Providers can call 1-800-641-7761 for emergency refill rules, faster approvals, and out-of-network authorizations.

News Market Reaction

+0.98%

1 alert

+0.98% News Effect

On the day this news was published, CNC gained 0.98%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Crisis line availability: 24 hours a day, seven days a week

1 metrics

Crisis line availability 24 hours a day, seven days a week Behavioral health crisis support access window

Market Reality Check

Price: $40.58 Vol: Volume 3,764,974 is below...

low vol

$40.58 Last Close

Volume Volume 3,764,974 is below the 20-day average 5,894,891, at about 0.64x typical trading activity. low

Technical Shares at $40.81 are trading below the 200-day MA of $42.99 and sit 38.92% under the 52-week high of $66.81.

Peers on Argus

CNC rose 0.74% with mixed peer moves: MOH up 0.93%, CVS up 0.49%, while HUM and ...

CNC rose 0.74% with mixed peer moves: MOH up 0.93%, CVS up 0.49%, while HUM and CI slipped 0.10% and 0.36% respectively, suggesting stock-specific rather than broad sector momentum.

Historical Context

5 past events · Latest: Dec 17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 17	Preventive care PSA	Positive	-0.3%	PSA with Tampa Bay Buccaneers promoting preventive care and screenings.
Dec 17	Community partnership	Positive	-0.3%	Sunshine Health partners with women athletes to promote health awareness in Florida.
Dec 11	Emergency assistance	Positive	+4.6%	Health Net aid for Pack Fire victims, easing access to meds, telehealth, and care.
Dec 02	Foodbank funding	Positive	+2.4%	$1.15M Meridian grant to expand Foodbank mobile pantry and health services.
Nov 26	Food insecurity aid	Positive	-0.5%	Over $1.4M in investments to address food insecurity amid SNAP disruptions.

Pattern Detected

Recent community- and access-focused news has often been positive in tone but produced mixed price reactions, with several small declines and a couple of stronger gains following similar announcements.

Recent Company History

Over the past months, CNC has highlighted multiple community and access initiatives, including food insecurity investments of over $1.4 million on Nov 26, a $1.15 million foodbank grant on Dec 2, and emergency assistance for Pack Fire victims on Dec 11. Florida-focused outreach through Ambetter and Sunshine Health launched on Dec 17. Today’s emergency support for California members continues this pattern of public health and access-focused initiatives.

Market Pulse Summary

This announcement focuses on maintaining care continuity during the California storms, including eme...

Analysis

This announcement focuses on maintaining care continuity during the California storms, including emergency prescription refills, 24/7 behavioral health support, and no-cost telehealth access. It follows recent CNC initiatives around disaster response and community health. Investors may monitor how such programs affect utilization patterns and costs against the backdrop of prior financial reports, including Q3 revenue of $49.690 billion and a goodwill impairment of $6.723 billion.

Key Terms

state of emergency, telehealth, out-of-network

3 terms

state of emergency regulatory

"In response to Gov. Gavin Newsom's declared state of emergency in Los Angeles..."

A state of emergency is an official government declaration that allows authorities to use special powers and change normal rules to respond to a crisis, such as natural disasters, public health threats, or civil unrest. For investors it matters because those powers can alter business operations, supply chains, travel, trade and legal protections—like a landlord temporarily changing building rules during a major problem—affecting revenue, costs and market confidence.

telehealth medical

"Health Net provides access to telehealth services at no cost."

Telehealth is the delivery of healthcare services and consultations remotely using video calls, phone, text messaging, or connected devices to monitor and transmit medical information. It matters to investors because it can reshape how patients access care, lower costs, and create new revenue streams or risks for healthcare providers, insurers and technology companies—similar to how online banking changed financial services—while also exposing businesses to reimbursement and regulatory shifts.

out-of-network financial

"Approval for out-of-network treatments when in-network resources are unavailable."

Out-of-network describes a healthcare provider or service that does not have a payment agreement with a patient’s health insurer, so the insurer may cover less of the cost or none at all and the patient can face higher bills. For investors, out-of-network status influences how much hospitals, clinics and insurers collect, affects patient choice and volume, and creates revenue uncertainty and regulatory risk—like buying from a store that doesn’t accept your discount card, which can be pricier and less predictable.

AI-generated analysis. Not financial advice.

Health Net Assisting Members During State of Emergency

SACRAMENTO, Calif., Dec. 29, 2025 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Shasta Counties, Health Net, one of California's most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is providing special assistance to members affected by the atmospheric rivers due to the 2025 late December storms. Health Net is committed to ensuring its members have uninterrupted access to essential prescription medications, critical Health Net information and healthcare services.

Prescription Information

• During the duration of the State of Emergency, members in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Shasta Counties affected by the atmospheric rivers due to the "2025 late December storms" can obtain an emergency supply of medication from the drug store where they originally filled their prescription.
• If a member's drug store is closed, they can call Health Net at 1-800-400-8987 for assistance.

Help with Coping
Health Net members have access to Health Net Behavioral Health Services for coping support including referrals to mental health counselors, local services and phone consultations. These services support members coping with grief, stress or trauma related to the Palisades Fire and windstorm conditions. Health Net Behavioral Health is available for crisis support 24 hours a day, seven days a week at 1-800-675-6110 (TTY: 711).

Video Medical Appointments
If members cannot reach their primary care provider during a declared State of Emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members can refer to their Health Net ID card for more information on accessing telehealth services. Members can also find this information by registering with and logging on to HealthNet.com.

Information for Healthcare Providers

Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:

• Emergency prescription refill guidelines.
• Escalating approvals to reduce approval turnaround times.
• Approval for out-of-network treatments when in-network resources are unavailable.

Other Important Information
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services.

About Health Net 
Founded in California more than 45 years ago, Health Net, LLC ("Health Net"), a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 118,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene Corporation employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/health-net-providing-special-assistance-to-members-affected-by-the-atmospheric-rivers-due-to-the-2025-late-december-storms-in-los-angeles-orange-riverside-san-bernardino-san-diego-and-shasta-counties-302650400.html

SOURCE Health Net

FAQ

What emergency prescription help is Health Net (CNC) offering to members in the Dec. 2025 storms?

Members in affected counties can obtain an emergency supply of medication from the pharmacy where they originally filled their prescription during the State of Emergency.

How can Health Net members in Los Angeles and San Diego access behavioral health support after the 2025 late December storms?

Behavioral health and crisis support are available 24/7 at 1-800-675-6110 (TTY: 711) for referrals, counseling, and phone consultations.

What telehealth options does Health Net (CNC) provide for members during the Dec. 2025 state of emergency?

If members cannot reach their primary care provider, Health Net offers no-cost telehealth appointments; members should check their Health Net ID card or register at HealthNet.com.

Which phone number should healthcare providers call for emergency refill and authorization help from Health Net (CNC)?

Providers can call 1-800-641-7761 for emergency prescription refill guidance, expedited approvals, and out-of-network authorizations when in-network care is unavailable.

Who should Health Net members call if their usual pharmacy is closed during the 2025 late December storms?

Members whose pharmacies are closed can call Health Net at 1-800-400-8987 for assistance obtaining emergency medication supplies.