MagnaCare, a local insurance broker headquartered in Westbury, New York, is renowned for its ability to serve clients of large, midsize, and small employers. While some customers have expressed lower satisfaction in their reviews, this aspect warrants attention when evaluating potential partners. MagnaCare possesses valuable experience in working with self-funded employers, demonstrating strong expertise in meeting member needs through their collaboration with clients and preferred provider organizations (PPOs). Additionally, they have gained substantial experience working with pharmacy benefit managers (PBMs) and other specific pharmacy providers.
A noteworthy example of their capabilities at the Westbury office is their successful partnership with Nj Makers Corp, a significant employer in the cut and sew apparel manufacturing industry with 130 members. MagnaCare collaborated closely with the HR and finance team of Nj Makers Corp to establish a self-funding arrangement, along with a meticulously designed PPO plan and PBM and drug plan tailored to address the unique requirements of their members.
MagnaCare boasts a commendable M Score, indicating their comprehensive experience and expertise across industries and client sizes. They specialize in home health care services, professional, scientific, and technical services, as well as educational services industries.
This particular office of MagnaCare caters to clients across New York and New Jersey, serving companies such as Advanced Home Care LLC, Friendly Home Care, Alma Realty Corp, and Friends University. While further details about their complete range of services are not available, their local presence, broad industry knowledge, and strong client base make MagnaCare a notable option for businesses seeking insurance solutions in the Westbury, New York area.