[February 17, 2014]

Magellan Health Services to Present at Upcoming Healthcare Conference

Magellan Health Services Inc. (NASDAQ: MGLN) Chairman and CEO Barry M. Smith will present at the Barclays Healthcare Conference at the Lowes Miami Hotel on Wednesday, March 12, 2014 at 10:45 a.m. Eastern time.

Investors and the public are invited to access conference audio and presentation materials through Magellan's (News - Alert) investor relations page at www.MagellanHealth.com. Those who plan to access the webcast should log on to the website approximately 15minutes before the scheduled start time of the conference to register and download and install any necessary software. The audio and presentation materials will be available for one week following the presentation.

Those who plan to access the webcast or recording are encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2013, expected to be filed with the Securities and Exchange Commission (SEC (News - Alert)) on March 3, 2014, and subsequent Quarterly Reports on Form 10-Q, filed with the SEC during 2013, for material information regarding Magellan's operational and financial results, including the section titled "Risk Factors."

About Magellan Health Services: Headquartered in Avon, Conn., Magellan Health Services Inc. is a leading specialty health care management organization with expertise in managing behavioral health, radiology, and pharmacy benefits programs, as well as integrated health care programs for special populations. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. As of September 30, 2013, Magellan's customers include health plans, employers and government agencies, serving approximately 33.9 million members in our behavioral health business, 17.5 million members in our radiology benefits management segment, and approximately 9.2 million members in our medical pharmacy management product. In addition, the pharmacy solutions segment served 39 health plans and employers, 25 states and the District of Columbia, and several pharmaceutical manufacturers. For more information, visit www.MagellanHealth.com.

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