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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-K
(Mark One)
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2004
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number: 1-12718
HEALTH NET, INC.
(Exact Name of Registrant as Specified in Its Charter)
Registrant’s Telephone Number, Including Area Code: (818) 676-6000
Securities Registered Pursuant to Section 12(b) of the Act:
Securities Registered Pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file
such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will
not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment to this Form 10-K.
Indicate by check mark whether the registrant is an accelerated filer (as defined in Exchange Act Rule 12b-2). Yes No
The aggregate market value of the voting stock held by non-affiliates of the registrant at June 27, 2004 was $2,880,397,670
(which represents 112,427,701 shares of Common Stock held by such non-affiliates multiplied by $25.62, the closing sales price of
such stock on the New York Stock Exchange on June 25, 2004).
The number of shares outstanding of the registrant’s Common Stock as of March 11, 2005 was 112,334,885 (excluding
23,173,029 shares held as treasury stock).
Documents Incorporated By Reference
Delaware
95-4288333
(State or Other Jurisdiction
of Incor
p
oration or Or
g
anization)
(I.R.S. Employer Identification No.)
21650 Oxnard Street, Woodland Hills, CA
91367
(Address of Princi
p
al Executive Offices) (Zi
p
Code)
Title of each class
Name of each exchange on which registered
Common Stock, $.001 par value
New York Stock Exchange, Inc.
Rights to Purchase Series A Junior Participating Preferred Stock
New York Stock Exchange, Inc.

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