Health Net 2014 Annual Report Download - page 112

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F-2
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors and Stockholders of
Health Net, Inc.
Woodland Hills, California
We have audited the accompanying consolidated balance sheets of Health Net, Inc. and subsidiaries (the
"Company") as of December 31, 2014 and 2013, and the related consolidated statements of income, comprehensive
income, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2014. Our
audits also included the consolidated financial statement schedule listed in the index at page F-1. These consolidated
financial statements and consolidated financial statement schedule are the responsibility of the Company's management.
Our responsibility is to express an opinion on the consolidated financial statements and consolidated financial statement
schedule based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board
(United States). Those standards require that we plan and perform the audits to obtain reasonable assurance about
whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test
basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes
assessing the accounting principles used and significant estimates made by management, as well as evaluating the
overall consolidated financial statement presentation. We believe that our audits provide a reasonable basis for our
opinion.
In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position
of the Company as of December 31, 2014 and 2013, and the results of its operations and its cash flows for each of the
three years in the period ended December 31, 2014, in conformity with accounting principles generally accepted in the
United States of America. Also, in our opinion, such consolidated financial statement schedule, when considered in
relation to the basic consolidated financial statements taken as a whole, present fairly, in all material respects, the
information set forth therein.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board
(United States), the Company's internal control over financial reporting as of December 31, 2014, based on the criteria
established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of
the Treadway Commission and our report dated February 27, 2015 expressed an unqualified opinion on the Company's
internal control over financial reporting.
/s/ DELOITTE & TOUCHE LLP
Los Angeles, California
February 27, 2015