Healthcare Providers and Services
Company Overview of MagnaCare Inc.
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
New York, NY 10119
Founded in 1990
Key Executives for MagnaCare Inc.
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
May 6 15
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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