eHealthinsurance Partners with Health Net of Arizona to Increase Online Health Insurance Offerings for Arizona Residents

Partnership with Arizona’s Second Largest Individual Health Insurance Carrier Expands Number of Plans Arizona Residents Can Research and Buy Online

SUNNYVALE, Calif., August 21, 2001 – eHealthInsurance, the nation’s leading online source for individual, family and small business health insurance, announced today that Arizona residents can now visit www.ehealthinsurance.com to research, price and purchase individual and family health insurance coverage from the state’s second largest provider of individual health insurance plans, Health Net of Arizona.

eHealthInsurance offers free individual and family plan quotes with the best available prices from five different health insurance companies in the state of Arizona. The Web site gives Arizona consumers the ability to research the cost, compare benefits, and apply for individual and family health insurance coverage directly through www.ehealthinsurance.com. Unlike other sites, www.ehealthinsurance.com makes it easy to apply online for coverage seven days a week, at any time of the day or night, and rapidly processes the applications once they are received.

“We partnered with eHealthInsurance because this is an important, new opportunity for us,” said Bill Sharrett, senior vice president of sales, marketing and business development for Health Net of Arizona. “Our partnership with eHealthInsurance allows us to leverage the reach of the Internet and provide our online customers with a resource they can trust to research our health plans and find the one that best fits their needs and budget.”

“Health Net of Arizona is a quality health insurance company with excellent health insurance plans, and we are pleased to offer the company’s products on our Web site,” said Gary Lauer, CEO of eHealthInsurance. “There are more than 1.1 million uninsured Arizona residents, which represents 23 percent of the state population. We are working very hard to bring these numbers down and our partnership with Health Net of Arizona enhances the health insurance choices we can provide for Arizona residents. The more diverse plans we can offer online, the better our chances are of finding the right plans for people that we might not have reached before.”

eHealthInsurance also provides Arizona residents with information on individual and family health insurance plans from Celtic Life Insurance Company, Golden Rule Insurance Company, PacifiCare of Arizona and United Wisconsin Life Insurance Company/American Medical Security, as well as small business plans through Humana. eHealthInsurance also offers Health Net plans in California and Oregon.

About eHealthInsurance

Founded in 1997, eHealthInsurance (www.ehealthinsurance.com) markets individual, family and small business health insurance and was responsible for the nation’s first Internet-based sale of a health insurance policy. The company has become the No. 1 destination for purchasing health insurance online by offering the broadest selection of health insurance companies and plans nationwide at the best available prices, and delivering unparalleled customer service through qualified customer service professionals.

eHealthInsurance is funded by The Sprout Group (Credit Suisse First Boston), Kleiner Perkins Caufield & Byers, Goldman Sachs, Lightspeed Venture Partners (formerly Weiss, Peck & Greer Venture Partners), QuestMark Partners and Dell Computer. The management team and board include former or current executives of Aetna, Arthur Andersen, Foundation Health, Healtheon, Hewlett Packard, IBM, MetLife, PacifiCare, Silicon Graphics, United Healthcare, Viewpoint Corporation (formerly MetaCreations) and other leading healthcare and technology companies.

About Health Net, Inc.

Health Net, Inc., formerly known as Foundation Health Systems, Inc., is one of the nation’s largest publicly traded managed health care companies (NYSE:HNT). The company’s HMO, insured PPO and government contracts subsidiaries provide health benefits to approximately 5.3 million individuals in 16 states through group, individual, Medicare risk, Medicaid and TRICARE programs. Health Net’s subsidiaries also offer managed health care products related to behavioral health, dental, vision 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. For more information on Health Net, Inc., please visit the company’s Web site at www.health.net.

eHealthInsurance.com is a registered trademark of eHealthInsurance Services, Inc.

For More Information

Emily Fox

eHealthInsurance

(408) 542-4840

[email protected]

Nick Davis

Imagio|JWT for eHealthInsurance

(206) 625-0252

[email protected]

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