This agreement makes Health Net a licensed BenefitPoint Premier Carrier Partner, effective March 1, 2003. As a Premier Carrier Partner, Health Net can effectively market and differentiate its products while conducting new and renewal business and develop stronger relationships with targeted brokers and consultants. In addition, Health Net can enhance its distribution methods through the use of BenefitPoint's Product Library and use web-based marketing tools for education on Health Net products. Health Net will tap BenefitPoint's generated data and analytics reports to improve the tracking and management of sales activities relative to its products. With its array of ancillary companies, Health Net also has an opportunity to cross-sell all product lines on the BenefitPoint platform.

"Health Net is always looking for innovative ways to strengthen its relationships with brokers and consultants and efficiently manage the process of renewing and writing new business," said Steve Van Wart, vice president of Sales for Health Net of California. "We found that BenefitPoint offers the rare blend of effective technology and supportive human capital we believe will help make a positive difference in our business."

"Health Net's adoption of the BenefitPoint utility brings increased value to the employee benefits industry," said John Randazzo, CEO of BenefitPoint. "Brokers, consultants and carriers throughout the country are choosing to leverage the BenefitPoint platform because we make it more efficient to buy, sell and manage benefits -- it's that simple."

BenefitPoint's latest product enhancements were designed with the direct guidance of carriers, brokers and consultants that serve on BenefitPoint's advisory boards. In 2002, the enhanced features of Release 9 broadened client management capabilities for brokers and consultants while streamlining RFP and renewal communications between brokers, consultants and carriers. BenefitPoint Release 10, due in April, provides the first industry application programming interfaces (APIs), enabling integration with carrier systems, a significant technological step for the employee benefits industry.

About Health Net of California
Health Net of California, a subsidiary of Health Net, Inc. (NYSE: HNT), is one of the largest network-model health plans in California, serving more than 2.5 million members statewide. It contracts with more than 42,000 physicians, nearly 400 hospitals and nearly 4,300 pharmacies, giving its members greater choice and more convenient access to care. Its commercial and Medicare lines of business have received the "Commendable" accreditation status from the National Committee for Quality Assurance. For more information about Health Net, visit its award-winning web site at www.healthnet.com.

About BenefitPoint
BenefitPoint delivers the industry's leading web-based platform for client management and procurement, making it easier for employee benefits professionals to buy, sell and manage benefits. Brokers, consultants and carriers realize expanded business opportunities, operational efficiencies and a greater ability to deliver quality information and services to employers and employees.

BenefitPoint delivers the industry's leading web-based platform for client management and procurement, making it easier for employee benefits professionals to buy, sell and manage benefits. Brokers, consultants and carriers realize expanded business opportunities, operational efficiencies and a greater ability to deliver quality information and services to employers and employees.

BenefitPoint has achieved widespread industry adoption with over 370 broker and consultant offices accessing the system, loading 40,000 employer clients on the platform, covering 22 million employees and approximately $70 billion in premium. Over 380 carrier organizations use BenefitPoint to respond to broker and consultant RFP and renewal requests.

The company, headquartered in San Francisco, CA, can be reached at 415.277.5600. Take a tour of the BenefitPoint Product Demo and Contact Us through the corporate website at www.benefitpoint.com.