The Problem
The company’s mission is to spread the word about its regional cuisine, not lose valuable time resolving employee complaints about its traditional insurance carrier’s unresponsive claims department.
The Strategy
The publisher is eager to turn to a self-funded health insurance option, but what can a Third Party Administrator (TPA) like MagnaCare provide for them? Three words: peace of mind.
The Benefits
With our 30 years of experience as a TPA, we at MagnaCare designed a plan tailored to the publisher’s needs and administer it with an eye toward cost savings and employee satisfaction.
Our healthcare actuaries
help determine the level of coverage they need
Their employees get access
to our local and national options for provider networks
Concierge-level customer service
carefully takes the time to explain benefits, find providers and help employees navigate their healthcare options
We approve eligible claims, decide appeals
and handle other time-consuming administrative tasks, which saves the company money
With 30 years of experience serving self-funded clients, MagnaCare provides everything you need to administer your health plan at a lower cost and with the greater customization that each individual company deserves.
Read other real-life solutions
Additional Case Studies
MagnaCare dishes out a recipe for success
The company’s mission is to spread the word about its regional cuisine, not lose valuable time resolving employee complaints about its traditional insurance carrier’s unresponsive claims department.
When it comes to healthcare, one size does not fit all.
Youth. Almost all the startup’s employees are 35 or younger, a demographic that generally doesn’t overuse healthcare or submit unreasonably high claims.
The high cost of traditional health insurance takes a hike
The firm’s executives are unhappy with the way traditional employee healthcare costs spiral ever higher, creating a drag on revenue.
When a trendy new health insurance startup needed a provider network, MagnaCare was there.
The northeastern insurance startup was backed by hundreds of millions in venture capital and buoyed by a fresh way of looking at health insurance — an emphasis on virtual and telemedicine visits,