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Magellan Health Announces 2015 Financial Guidance Call

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Magellan Health Inc. (NASDAQ: MGLN) today announced that it will release 2015 financial guidance on Tuesday, December 16, 2014. Chairman and Chief Executive Officer Barry M. Smith will host a conference call at 10:00 a.m. Eastern on the same day.

The press release detailing the company’s guidance will be issued at approximately 6:30 a.m. Eastern on Tuesday, December 16, 2014 and will be immediately available on Magellan’s investor relations page at MagellanHealth.com.

To participate in the conference call, interested parties should call 1-800-857-1812 and reference the pass code 2015 Guidance Call approximately 15 minutes before the start of the call. The conference call will also be available via a live webcast at Magellan’s investor relations page at MagellanHealth.com.

A taped replay of the conference call will be available for one week following the call. The call-in numbers for the replay are 1-800-513-1169 and 1-203-369-3809 (from outside the U.S.).

Individuals who plan to access the call or webcast are encouraged to read Magellan’s most recent filings with the Securities and Exchange Commission(SEC), including its Annual Report on Form 10-K for the year ended December 31, 2013, and the subsequent quarterly reports filed during 2014, for material information regarding Magellan’s operational and financial results, including the section titled “Risk Factors.”

About Magellan Health: Headquartered in Scottsdale, Ariz., Magellan Health, Inc. is a healthcare management company that focuses on fast-growing, complex and high-cost areas of healthcare, with an emphasis on special population management. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan’s customers include health plans, managed care organizations, insurance companies, employers, labor unions, various military and government agencies, third party administrators, consultants and brokers. For more information, visit MagellanHealth.com.

Cautionary Statement

Certain of the statements to be made in the Company’s conference call may constitute forward-looking statements contemplated under the Securities Exchange Act of 1934 and the Securities Act of 1933, as amended, which involve a number of risks and uncertainties. Any such forward-looking statements are based on management’s analysis, judgment, belief and expectations as of the date of such statements and are subject to known and unknown uncertainties and risks which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Any such forward-looking statements are qualified in their entirety by the more complete discussion of risks set forth in the section entitled “Risk Factors” in Magellan’s most recent Annual Report on Form 10-K and in subsequent Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. Magellan undertakes no obligation to publicly revise such forward-looking statements to reflect events or circumstances that arise after the date of such statements.

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