This health insurance review is for the Magna Health Insurance Company based out of New York, New York. Also known as MagnaCare, Magna Health Insurance provides health insurance solutions specifically for businesses, and only offers coverage to companies located in either New York or New Jersey.

Magna Health Insurance Company does not offer individual health care coverage to consumers, as any coverage is only available as an employee of a covered organization. Individuals looking for coverage on their own must contact another insurance carrier.

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Magna Health Insurance offers a network of more than 70,000 health care providers to members, and has more than 60,000 pharmacies available to assists customers. In addition, Magna Health Insurance has access to more than 500,000 health care locations across the country to assist members when traveling.

Magna Health Insurance Company Health Insurance Locations

The main corporate office of the MagnaCare Health Insurance Company is located at One Penn Plaza on the 46th Floor in New York, New York. There are an additional two regional offices, one located in Westbury, New York and the other in New Brunswick, New Jersey.

The MagnaCare corporate office can be reached at 516-282-8000. In addition, the Magna Health Insurance Company offers two toll-free customer assistance phone numbers. The Sales and Marketing Department can be reached at 1-888-799-6465 and the Main Customer Service department can be reached at 1-800-235-7267.

Magna Health Insurance Company Health Insurance Products

Magna Health Insurance Company offers several different self-insurance products for businesses. These products are offered to companies that have a minimum of 15 employees and are not offered to individuals.

The two main products offered by Magna Health Insurance Company are MagnaCare One and MagnaCare Professional. Both are custom programs that offer around-the-clock client access to assist companies with managing their health care coverage delivery methods. This online portal allows the business to keep track of claim information as well as the status of a claim, find nearby providers and communicate that information with employees, determine what employee is eligible for which coverage, and find out pertinent health care information.

MagnaCare one also offers businesses a customer program for care management, which assists business with the administration and re-pricing of claims, determining eligibility of employees, the enrollment process, as well as addition customer and provider services.

Magna Health Insurance Company also offers MagnaCare Rx, a pharmacy benefit program that assists businesses and their employees with prescription coverage, mail order capabilities, as well as the ability to create an online portal for employees to see their prescription details and status.

Magna Health Insurance Company Health Insurance Reviews

Magna Health Insurance Company has not received Better Business Bureau (BBB) accreditation. However, MagnaCare has received a letter rating of A- from the BBB. This rating is primarily based on the information the Better Business Bureau has received from consumers, and in the last three years, there has only been one complaint filed through the BBB against the Magna Health Insurance Company. According to the Better Business Bureau records, that complaint was resolved.

There are no available ratings from the A.M. Best Company on Magna Health Insurance Company or MagnaCare.

There have been six customer reviews left online for MagnaCare, and most are either poor or very poor. In fact, the only positive review was left by the company CEO and it was in response to the other poor comments left by customers. In his response, he invited customers to personally call him if they are not satisfied with the service of MagnaCare.

The customer reviews include complaints about finding an in-network physician, the costs associated with covered care, as well as the portion of the bill that the insured is left to pay.

MagnaCare was rated a Top 100 Best Places to work by Modern Health Care Magazine.

Magna Health Insurance Company Health Insurance Careers

Magna Health Insurance Company offers information on their website about available careers with the company. The site contains a listing of available benefits, including life and health insurance, disability coverage as well as holiday and paid time off.

There is also a direct link to current openings at Magna Health Insurance Company, which lists jobs by title, department, and location. Interested applicants can click on specific position, read about the responsibilities and requirements, and then submit a resume if they would like to apply.

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