Magellan Health Services to Present at Goldman Sachs 30th Annual Global Healthcare Conference

AVON, Conn.--(Business Wire)--
Magellan Health Services, Inc. (NASDAQ:MGLN) announced today that René Lerer,
M.D., chairman and chief executive officer of the Company, will present at the
Goldman Sachs 30th Annual Global Healthcare Conference on Tuesday, June 9, 2009.
Lerer is expected to provide a general overview of the Company and discuss its
business strategy and outlook as part of a discussion moderated by Goldman Sachs
analysts.

Magellan`s segment is scheduled to begin at 10:10 a.m. Eastern on Tuesday, June
9, 2009. Investors and the public are invited to access the conference audio via
a live Webcast available through Magellan`s investor relations page at
www.MagellanHealth.com. Those who plan to access the Webcast should log on to
the Web site approximately 15 minutes before the scheduled start time to
register and download and install any necessary software. The conference audio
will be available on Magellan`s investor relations page for seven days following
the presentation.

Those who plan to access a Webcast are encouraged to read Magellan's Annual
Report on Form 10-K for the year ended December 31, 2008, filed with the
Securities and Exchange Commission on February 27, 2009, and Magellan`s Form
10-Q for the quarter ended March 31, 2009 filed with the Securities and Exchange
Commission on April 30, 2009 for material information regarding Magellan's
operational and financial results, including the section entitled "Risk
Factors."

About Magellan: Headquartered in Avon, Conn., Magellan Health Services, Inc.
(Nasdaq:MGLN) is a leading specialty health care management organization. Its
customers include health plans, corporations and government agencies.

Cautionary Statement: Certain of the statements made in the presentation may
constitute forward-looking statements contemplated under the Securities Exchange
Act of 1934 and the Securities Act of 1933, as amended, that involve a number of
risks and uncertainties. These 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 forward-looking statements made
in the presentation 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 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.

Magellan Health Services, Inc.
Investor Contact: Renie Shapiro, 877-645-6464
Media Contact: Erin Somers, 410-953-2405

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