Magellan Health Offers Support to Individuals and Customers in Response to the Coronavirus Pandemic
March 18 2020 - 5:00PM
Business Wire
Magellan Health, Inc. (NASDAQ: MGLN) today announced the
offering of several services and resources in response to the
spread of the coronavirus (COVID-19) nationwide.
“Magellan Health’s first priority is always the behavioral and
physical health of our employees, providers, clients and members,”
said Kenneth Fasola, chief executive officer, Magellan Health. “We
are bringing our deep clinical expertise to our preparedness teams
who are actively monitoring the impact of COVID-19 and taking the
necessary precautions and actions to help address the physical and
behavioral healthcare needs of all we serve.”
Magellan is working closely with our customers along with
federal, state and local authorities to minimize disruption of
service and support efforts to mitigate the spread of the novel
coronavirus. “We are also sharing helpful resources for members who
are struggling with stress, anxiety or sleep difficulties prompted
by this situation,” added Fasola. These resources can be found at
magellanhealthcare.com/COVID-19.
Magellan Healthcare
The Behavioral and Specialty Health reporting unit of Magellan
Healthcare is making resources available to all individuals,
especially those who might be feeling stress or anxiety during
these unfamiliar times:
- Free Access to RESTORE® – Magellan is providing one of
its digital cognitive behavioral therapy (DCBT) apps,
RESTORE®, at no cost for individuals experiencing sleep
difficulty and insomnia related to novel coronavirus (COVID-19).
The six-session module uses proven cognitive behavioral therapy
techniques to teach users new skills, techniques and practices that
can improve mood and promote better sleep. Information is available
at magellanhealthcare.com/RESTORE.
- Magellan Health Insights Blog – To help cope with rising levels
of stress and anxiety many people are experiencing, Magellan
recommends helpful tips and resources about how to manage anxiety
and stress on the Magellan Health Insights blog. For example, this
resource includes posts about how healthcare workers can manage
their fear or anxiety.
- Crisis Communications Website – Employers along with
members of the general public can visit Magellan Health’s crisis
communication website here or access helpful resources and tip
sheets such as:
- How to cope after a traumatic event
- Helping children cope after a traumatic event
- Supporting employees during traumatic events
The managed care reporting unit of Magellan Healthcare, Magellan
Complete Care (MCC), is working hand-in-hand with federal and state
customers, providers and community organizations to implement
emergency measures and provide access to care for COVID-19 and
other medical, behavioral and social needs. This includes adoption
of state and federal guidance around waiving of testing copays,
prior authorizations, pharmacy and telehealth requirements to
address immediate needs for care for members. MCC is also reaching
out to members, especially those that are most vulnerable, to help
ensure they have support and continuity of care.
Magellan Rx Management
Magellan’s pharmacy segment, Magellan Rx Management (MRx), has
enacted key strategies to address the needs of specific customer
segments to minimize disruption of member access to needed
medications. In accordance with applicable federal, state, or local
regulatory requirements, or upon plan sponsor approval, MRx is
modifying prescription refill restrictions should members request
additional medication supplies. MRx is also working closely with
its prescription drug supply chain partners to monitor for any
potential disruptions.
Magellan is following federal and state guidance related to the
outbreak. As new information about the coronavirus evolves,
Magellan is actively reviewing all preparedness plans and policies
to identify if any updates are needed and to modify accordingly.
Magellan remains committed to the health and wellbeing of all of
the communities we serve during this pandemic.
For additional information regarding the coronavirus, visit the
U.S. Centers for Disease Control & Prevention (CDC), The World
Health Organization and state health department websites.
About Magellan Health: Magellan Health, Inc., a Fortune
500 company, is a leader in managing the fastest growing, most
complex areas of health, including special populations, complete
pharmacy benefits and other specialty areas of healthcare. Magellan
supports innovative ways of accessing better health through
technology, while remaining focused on the critical personal
relationships that are necessary to achieve a healthy, vibrant
life. Magellan's customers include health plans and other managed
care organizations, employers, labor unions, various military and
governmental agencies and third-party administrators. For more
information, visit MagellanHealth.com.
(MGLN-GEN)
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200318005756/en/
Media Contact: Lilly Ackley, ackleyl@magellanhealth.com,
(860) 507-1923 Investor Contact: Joe Bogdan,
jbogdan@magellanhealth.com, (860) 507-1910
Magellan Health (NASDAQ:MGLN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Magellan Health (NASDAQ:MGLN)
Historical Stock Chart
From Apr 2023 to Apr 2024