NEW YORK, July 01, 2019 – MagnaCare, a leader in health plan management, network rental, medical management and casualty solutions, is partnering with MLMIC Insurance Company on a new discount program that offers our New York providers the potential to save significantly through the association with MLMIC on their medical liability insurance premiums.
Through the partnership with MLMIC, part of the Berkshire Hathaway family of companies and the largest writer of medical professional liability insurance in New York, qualifying MagnaCare participating providers receive a discount of up to 12% when they participate in joint legal defense and a risk management course. Our providers may also qualify for additional discounts, including MLMIC’s claims free discount (7.5% or 12%), a no-consent option discount (5%) and an annual prepay discount (2%).
MagnaCare exclusively endorses MLMIC to offer these discounts to its qualifying participating providers, who also gain access to MLMIC’s, New York-focused benefits at no extra charge, including:
- MLMIC Risk Protect: New York-specific risk management services designed to help manage risk, reduce exposure and prevent adverse outcomes
- MLMIC Legal 24/7: A direct connection to experienced attorneys who are exclusively dedicated to New York healthcare law
- MLMIC Analytics: Analysis and reporting based on 40+ years of New York claims data uncovering key trends and potential risks
- MLMIC CME+: A growing library of cutting-edge, online CME programs
“We’re proud to bring these savings to MagnaCare’s New York participating providers and to offer them access to MLMIC’s valuable benefits and locally-based services,” says Rondi Rabuse, President of Network. “I’m always looking for ways to bring more value to our providers, and MLMIC is exclusively committed to New York medical professionals.”
“MLMIC’s New York focus – a commitment that spans over four decades – means we can offer MagnaCare participating providers in the state the kind of expertise they need. MLMIC understands what it means to be a provider in cities and communities across New York,” says MLMIC Chief Medical Officer John Lombardo, M.D. “In addition, through our relationship with Berkshire Hathaway, Inc., MLMIC has access to greater resources for physicians and other healthcare providers than ever before.”
This Program is effective immediately (July 1, 2019), and MLMIC offers tail and nose coverage options so providers can avoid gaps in coverage when switching to the Program. In addition, to make the transition as easy as possible for providers, MLMIC provides one-on-one assistance with paperwork and related tasks.
For additional information, including a customized quote and how to participate in the Program, please call (888) 449-6411 or visit MLMIC.com/MagnaCare.
For more than 25 years, MagnaCare, a division of Brighton Health Plan Solutions, has helped organizations in New York, New Jersey and Connecticut take control of their healthcare costs and give their members access to high value care. MagnaCare has served self-insured employers and health, workers’ compensation and no fault payers, including commercial insurers, TPAs, government entities and labor markets. MagnaCare offers access to a broad proprietary provider network, micro-networks, predictive modeling analyses, member outreach programs and integrated solutions that include full benefit plan management services. Services include claims adjudication, eligibility management, client/customer service and a full suite of products.
MLMIC, formed in response to the medical professional liability insurance crisis of the late 1970s, has been a leader in the medical malpractice insurance industry for over 40 years. Today, MLMIC is not only the largest writer of medical professional liability insurance in the State of New York, but is also one of the largest companies of its kind in the nation. MLMIC insures more than 13,000 providers, 3,000 dentists, dozens of hospitals and thousands of other healthcare professionals and facilities and is proudly endorsed by more than 70 state, county medical and specialty societies. In 2018, MLMIC was acquired by National Indemnity, a Berkshire Hathaway company, launching a new era as New York’s premier medical professional liability carrier. MLMIC has more than 350 employees and field reps positioned throughout New York – local professionals ready to meet one-on-one with policyholders, review cases, coordinate with examiners and defense counsel, and more.