Meet the real MagnaCare
MagnaCare provides everything you need for your self-funded health plan, at lower cost and with greater personalization. If you think you know MagnaCare – and certainly if you don’t – you may be surprised to learn about the breadth of our offering.
30 years
proven ability to serve large self-insured clients
1 million
members
7 billion
average healthcare expenses managed annually
10+ years
average customer loyalty
95%
average retention rate
Coverage designed for every type of organization, but tailored specifically to you.
It’s true that Labor Unions love us. But did you know that MagnaCare has more than 800,000 members in the commercial and public sectors? We cater to any market segment and type of group. Collaboratively, we design custom health plans, administer claims, reduce claim costs, and much more.
Every healthcare need. Every employee.
Every state in the union.
We offer varied network options in many geographic regions:
We offer provider networks across the country in all 50 states and Puerto Rico.
MagnaCare’s extensive PPO network in New York, New Jersey, and Connecticut includes more than 200 hospitals and 220,000 healthcare provider locations.
Plus, we offer innovative narrow networks in conjunction with leading health systems in all three states, offering members localized high-quality, low-cost healthcare.
Using our expertise contracting with providers, we will work directly with health systems anywhere in the country to build a custom network for your organization.
Your employees aren’t one-size-fits-all. Their healthcare shouldn’t be, either.
MagnaCare delivers the most customizable healthcare solutions on the market, bar none. You can choose one of our products or services, or our entire suite. We’re totally flexible. Whatever you choose, we will tailor it to your needs and. integrate with your existing solution. You’ll get benefits the way you want them.
Nationwide, clients use any combination of our:
Provider networks – local and national options, including broad PPO networks, custom narrow networks, and networks based on specific health systems.
TPA services – including health plan design, claims processing administration with greater than 99% financial accuracy, and call center services with a 99% first call resolution rate. We administer the plan the way you want, and support any unique pricing methodologies.
Medical management services – performed by our in-house clinical team and tailored to your needs, our programs guide your members to better health and to high-quality providers while significantly reducing your claim costs.
Advanced technology platform – award-winning portals and mobile app support enrollment, benefits administration, and member communications, and improve the member experience.
Concierge Customer Service – offload your customer service to our on-shore team of seasoned customer service reps. Our Concierge team will take the time to explain benefits, find providers, help members navigate their healthcare options, and even book members’ appointments for them.
Health benefits your employees can access anytime, anywhere.
(You know, exactly like they need it.)
Our award-winning, intuitive online portals and mobile app streamline health plan management for admins and members, enhances communications, and provides members anywhere, anytime access to their health benefits.
Our technology platform integrates with any health plan and third-party vendor – so you can use it even if you don’t use our health plans. In fact, it’s so groundbreaking that even some health systems use our technology, white-labeled as their own.
Coverage that’s always on the job, whether their injury was or not.
You can bundle MagnaCare’s medical and casualty coverage for a one-stop shop, easing your health and workers’ compensation plan administration and simplifying access for members.
Our outcomes-based workers’ compensation programs and health plans use the same providers and fee schedule, and the same nurses, care coordinators, and medical directors. Employers will also experience simplified and centralized contracting, account management, and even multi-product price consideration. One of our customers has been accessing this hybrid health and workers’ compensation program for more than 20 years to achieve 24-hour coverage.
Any payor who also owns a fleet of vehicles, such as municipalities, transportation companies, and contractors, can also access the same PPO network of providers and discounts to pay medical bills associated with no-fault accidents.
What’s still true: We go above and beyond for our clients.
MagnaCare continues to adhere to its founding principle of putting the customer first and providing exceptional value. This philosophy has propelled MagnaCare on a trajectory of continuous growth as a health plan and benefits enabler.
Contact us to discuss your customized solution.