Magellan Federal Selected to Administer Military and Family Life Counseling Program for U.S. Department of Defense
March 18 2021 - 6:30AM
Business Wire
Magellan Health, Inc. (NASDAQ: MGLN) today announced that its
subsidiary Magellan Federal has been selected to once again serve
as a contractor for the Military and Family Life Counseling (MFLC)
program, which provides counseling for adults and children in the
military community. The contract was awarded by the General
Services Administration, Federal Systems Integration and Management
Center (FEDSIM), supporting the Office of the Deputy Assistant
Secretary of Defense for Military Community and Family Policy
(MC&FP), Office of Military Community Support Programs
(MCSP).
“We are honored that the government continues to trust in
Magellan Federal’s performance and capabilities to deliver on the
MFLC mission,” said Oscar Montes, chief executive officer of
Magellan Federal. “Our rotational, surge and on-demand counselors,
field leadership and Program Management Office staff are deeply
committed to improving the mission readiness of our nation’s
service members and their families through delivery of the highest
quality non-medical counseling services.”
Created by the Department of Defense in 2004, the MFLC program
provides short-term, non-medical counseling services to active duty
military, National Guard, and Reserves members serving in the
United States and abroad, as well as their family members. Magellan
Federal has supported the MFLC program since 2012, delivering
valuable face-to-face non-medical counseling services, briefings,
and presentations to the military community both on and off the
installation. Magellan Federal’s proven services were strengthened
by the company’s response to the Coronavirus pandemic including the
swift and effective move to video and telephonic counseling and
ongoing innovative solutions to provide support in the rapidly
changing environment.
Magellan Federal will deliver counseling services on military
bases across the Eastern half of the United States and at overseas
installations in Europe and Africa. More than 1,200 qualified
counselors will provide services to ensure readiness of the force,
decrease distractions and enhance the quality of life for service
members and their families by helping them address life challenges
such as relocation adjustment, mobilization, deployment stress,
separation and homesickness, grief and loss, isolation, reunion,
anxiety and more.
“In addition to continuing our focus on the day-to-day operation
of the program, we are excited to bring additional innovations to
this next generation contract. As a company that is almost entirely
focused on the full spectrum of behavioral health, including
cognitive enhancement, emotional wellness, resilience, and suicide
prevention, I can think of no greater customer for Magellan
Federal’s offerings than the men and women who defend our nation,”
added Montes.
The contract includes a 12-month base period with four 12-month
option periods and two potential additional 12-month award term
incentive periods. The contract has a total estimated ceiling value
of approximately $2 billion, including the base year and four
additional one-year option periods exercisable by the government
annually. Two 12 month performance-based Award Term Incentive
Periods are included in the contract and may take place only after
all option periods are exercised.
About Magellan Federal: Magellan Federal provides
full-scale, comprehensive programs on 300 bases, installations, and
agencies around the world. The company delivers personalized health
and resilience solutions for our nation’s most complex and
sensitive federal programs. Magellan Federal has a global workforce
of more than 2,700 dedicated to providing better and more
affordable care in the fast growing, highly complex, high-cost
areas of healthcare. Magellan Federal is a registered d/b/a of
Armed Forces Services Corporation, a wholly-owned subsidiary of
Magellan Health, Inc. For more information, visit
MagellanFederal.com.
About Magellan Health: Magellan Health, Inc. 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.
Forward-Looking Statements
This press release includes statements which may constitute
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
the accuracy of which are necessarily subject to risks,
uncertainties, and assumptions as to future events that may not
prove to be accurate. These statements are neither promises nor
guarantees, but are subject to a variety of risks and
uncertainties, many of which are beyond our control, which could
cause actual results to differ materially from those contemplated
in these forward-looking statements. Existing and prospective
investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
Factors that could cause actual results to differ materially from
those reflected in the forward-looking statements include, but are
not limited to, the risks discussed in the “Risk Factors” section
included within the Company’s most recent Annual Report on Form
10-K, quarterly report on Form 10-Q, and subsequent reports on
Forms 10-Q and 8-K. The Company undertakes no obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events, or otherwise, except as may be
required under applicable securities law.
(MGLN-GEN)
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version on businesswire.com: https://www.businesswire.com/news/home/20210318005230/en/
Media: Lilly Ackley, ackleyl@magellanhealth.com, (860)
507-1923 Investors: Darren Lehrich,
lehrichd@magellanhealth.com, (860) 507-1814
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