Health Net Exits Commercial Market

Notable news for California businesses and anyone currently receiving Health Net coverage through their employer: Health Net has announced it is exiting the commercial group health insurance market in California. This means Health Net’s Small and Large Group medical plans are expected to end February 28, 2027.

If your business currently offers Health Net, you will need to select replacement coverage effective March 1, 2027 or earlier. Our team jumped right into this news and is ready to help anyone impacted. For employers with a renewal coming up between now and March, we recommend you assess switching to another carrier during your normal renewal.

This can keep the transition administratively simpler and avoid asking employees to go through two open enrollments within a short period of time.

Our team works closely with carriers across the California market and is prepared to help employers navigate this transition.

Whether that means making a change at your upcoming renewal or evaluating replacement coverage ahead of 2027, we can help compare options and determine the best approach for your business and employees.

If this news impacts you, please connect with our team – we are happy to help!