NEW YORK, N.Y. & TINTON FALLS, N.J.--(BUSINESS WIRE)--MagnaCare, a healthcare services company, today announces an enhancement of its national network access program with the launch of MagnaCare Plus, a partnership of provider networks across the country that gives members traveling or living outside of the company’s primary location access to quality healthcare providers and facilities at regional in-network rates. The program enables self-insured employers to capture the most competitive discounts through strong regional networks, as opposed to costly out-of-network charges, while providing members with a 24/7, one-stop point of entry on the MagnaCare website for provider look-up and searches outside of New York and New Jersey.
"This seamless solution offers a broader range of options for our members while meeting employer demand for consistent national benefit administration and deep discounts,” says Joseph Berardo Jr., CEO and president, MagnaCare. “A single-network access fee for all network partners is what sets MagnaCare Plus apart from other national network programs. Based upon our pricing strategy – rather than assessing additional fees to access each network – this model capitalizes on regional pricing and culture.”
Network transparency is a key feature of the program: participants present their MagnaCare Plus card and primary medical ID card to providers in any of the participating networks. Plan choices are consistent across all networks, while the locally based networks allow for regional healthcare care utilization and management patterns.
“It’s not a one-size-fits all approach,” says Berardo. “We are delivering the best outcomes in specific geographical areas, complementing our drive to create a competitive product focused on service and care coordination.”
About MagnaCare
MagnaCare, a leader in self-insurance and healthcare services, is helping employers in New York and New Jersey take control of their healthcare costs. For more than 20 years, MagnaCare has served self-insured employers and health, workers’ compensation and no fault payers, including commercial insurers, TPA’s, 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. Visit www.magnacare.com, www.facebook.com/magnacare, www.linkedin.com/company/magnacare, http://blog.magnacare.com.
