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August 04, 2015 11:11 PM ET

Healthcare Providers and Services

Company Overview of MagnaCare Inc.

Company Overview

MagnaCare Inc. provides employee health plan solutions. It offers labor and corporate health plan solutions. The company also offers care management programs, such as claims administration, claims repricing, eligibility management, member enrollment, customer services, and provider services; and MagnaCare Rx, a pharmacy benefit manager to manage prescription drug benefits and control prescription drug costs. In addition, it offers a portal for members to view benefit details, claims history and status, wellness information, and formulary drugs; and provides access to healthcare provider locations and healthcare professionals in the United States. The company serves self-insured organizations...

One Penn Plaza

46th Floor

New York, NY 10119

United States

Founded in 1990

Phone:

516-282-8000

Fax:

516-227-6963

Key Executives for MagnaCare Inc.

Chief Executive Officer
President of Labor & Strategic Accounts Division
Chief Medical Officer and Executive Vice President
Senior Vice President of Strategic Initiatives
Compensation as of Fiscal Year 2015.

MagnaCare Inc. Key Developments

MagnaCare Appoints Adam L. Young, J.D. as Chief Legal Officer

MagnaCare appointed Adam L. Young, J.D. as chief legal officer. Prior to joining MagnaCare, Young served as deputy general counsel at Horizon Blue Cross Blue Shield of New Jersey where he provided legal advice spanning commercial insured and self-insured products, as well as governmental programs, such as the Medicare Advantage and Part D programs, and the Federal Employee Health Benefit Plan. Previously, he was senior counsel at Munich Reinsurance America Inc.; corporate counsel at Capital Blue Cross; and directed legislative and regulatory affairs at Highmark Inc.

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Recent Private Companies Transactions

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Date
Target
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December 31, 2014
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