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MagnaCare in the News

• Health Care Reform Creates Opportunities for Corporate Health and Wellness Strategies—Employee Benefit Plan Review—July, 2010—“It is time to cut costs, improve productivity, and lower claims costs. The health care reform act gives small companies an opportunity to create wellness and prevention programs as part of cost cutting initiatives, but they must also put efforts into controlling chronic illness and adopting data analytics technology to ensure long term success,” according to Joe Berardo, the President and CEO of MagnaCare. Read Joe’s thoughts on the need to invest in workforce health and wellness as a key part of an effective health care strategy.
• Healthcare Cost Crisis May Be on the Small Business Horizon—The Employee Benefit Advisor—July 16, 2010—What are the issues facing small businesses in light of health care reform? How can businesses maximize the value of their health care dollars? Listen to the thoughts of Joe Berardo, MagnaCare’s president and CEO as he discusses these and many other impacts of health care reform.
• Hewitt Acquisition Signals Support for Broker Business Model—Employee Benefit Advisor—July 20, 2010—Aon Corporation’s recently purchased Hewitt Associates, forming Aon Hewitt. What will this mean for employers who utilize the services of these two companies, for competitors that compete for the same client base, and for the industry overall? Read about the thoughts of a number of industry experts, including Joe Berardo, the President and CEO of MagnaCare.
• MagnaCare’s Predictive Analytics Tool Fuels Northeast Market Growth—Predictive Modeling News—May, 2010—According to Joe Berardo, the President and CEO of MagnaCare, “As health care costs continue to rise, it is no longer sufficient to rely on network discounts or disease management to control costs. It is becoming increasingly evident that that self-insured plan sponsors must proactively manage chronic conditions.” Read Joe’s thoughts on the importance of predictive modeling tools, such as Evaluaide^sm, for identification of at risk members, management of chronic conditions, and improvement in the quality of members’ health.
• The Self Insurer—May, 2010—A growing number of health plans and self insured plan sponsors understand the wisdom of including workforce wellness and prevention in their health care initiatives. Given the increased economic pressures and the implementation of health care reform, organizations need to begin using data analytic tools to optimize members’ health and bring costly chronic diseases under control, with better quality and more cost–efficient care. Joe Berardo, the Chief Executive Officer and President of MagnaCare, offers his thoughts in article that was published in the May, 2010 issue of "The Self Insurer."
• Health Secretary Explains New Law—Health and Human Services Secretary Kathleen Sebelius was the keynote speaker at a symposium sponsored by the Business and Labor Coalition of New York (BALCONY) on the status of health care reform. Amongst the speakers sharing their insights was Joe Berardo, MagnaCare’s CEO and President. Click here to view Joe’s presentation and those of all the speakers. Also view brief interviews with Secretary Sebelius and Joe, which were aired on NY1.
• Four Essential Pieces of the Health Care Reform Puzzle: Population Data, Incentives, Provider Reimbursements, and Technology—Managed Care Outlook, April 1, 2010—The debate over health care reform shows no signs of slowing down. Is everything being done that needs to be done? Read Joe Berardo’s insights into what needs to be done to control chronic illness, revamp the reimbursement model, and exploit technology.
• MagnaCare looks Upstate, into WNY—Business First of Buffalo, March 19, 2010--MagnaCare has begun an effort to expand geographically, with Western New York among its target markets. Read about MagnaCare’s position in the Buffalo-Western New York area and its plans for further growth in the region.
• Betting on a Good Cause—Advertising Age, February 2, 2010 - What started out as a bet at a holiday party turned into a win-win situation for a sick child and the Make-a-Wish Foundation of New Jersey. Read about MagnaCare’s “5,000 Fan Challenge” and the power of social media.

News Releases

• MagnaCare Launches Social Networking Initiatives to Advance “Care Right Here,” Extends Corporate Commitment to Personal and Community Health—July 12, 2010—MagnaCare’s ongoing social networking campaigns are successfully raising awareness of the importance of personal health improvement and preventive care, emphasizing issues that sometimes fall between the cracks of larger causes, and advancing the MagnaCare commitment to “Care Right Here.” The MagnaCare Facebook campaigns are designed to generate consumer and industry involvement, connect people to the MagnaCare Web site, and help them to stay in touch. Read more about how social networking is working for MagnaCare, its members and stakeholders.
• MagnaCare President and CEO, Joseph Berardo Jr., Leads Discussion on Strategies to Bolster Managed Care Industry—June 22, 2010-- Joseph Berardo Jr., president and CEO of MagnaCare, will present “Innovations in Provider Payment and Incentives” at the Corporate Research Group’s Managed Healthcare Industry Forum: How Health Plans Can Survive Reform on Monday, June 28, 2010, at the Millennium UN Plaza Hotel in Manhattan. Read more about Joe’s innovative thoughts on successfully competing in the post-reform environment.
• MagnaCare Expands Marketing Team to Maximize National Brand Launch-- May 24, 2010 – MagnaCare announces two key additions to its marketing team as the company focuses on expanded brand recognition initiatives. Bryan Irland, former managing partner of Icehouse Events Marketing and a resident of Long Branch, NJ, was named vice president of marketing; Tisa Corona, previously a project manager of Icehouse Events and a resident of St. Louis, Mo, is marketing manager. Read more about MagnaCare’s future marketing plans.
• Re-Thinking Network Relationships for Worker’s Comp & Auto No-Fault: Large Carriers Choose MagnaCare for Deeper Discounts, Service, Streamlined Operations--April 20, 2010--Pointing to the accelerated interest among large insurance carriers, self insured workers’ compensation and no-fault payers to implement relationships with nimbler, more flexible organizations offering deeper discounts, MagnaCare (www.magnacare.com) points to the importance of also delivering highly personalized customer service. Read more about MagnaCare’s emergence as an innovative leader in this competitive arena.
• Moving to Patient-Focused, Consumer-Centric Health Care: MagnaCare’s Evaluaide^SM Impacts Individual Health, Lowers Cost Trends for Employers—May 18, 2010--At a time when patient-focused, consumer-centric health care is being hailed as the key to improved individual health and lower health care cost trends, MagnaCare’s Evaluaide^SM (www.magnacare.com/clients/evaluaide.aspx) emerges as a proven health management platform that leverages sophisticated data analytics with personalized health advocacy and coaching. Read more about MagnaCare’s plans to focus on the next phase of clinical care tools and behavior support resources necessary to impact the health status of any population.
• MagnaCare Leads Donor Campaign for “Soldier Socks”: One Dollar For Every Fan Who Signs Up On MagnaCare Facebook, April 1-15, 2010—April 4, 2010—Soldier Socks is an organization that donates socks and other necessities to the military serving in Iraq and Afghanistan. Read about MagnaCare’s plans to enhance its partnership with Soldier Socks to support the servicemen and service women fighting on our behalf.
• MagnaCare CEO Joseph Berardo to Participate in Health Care Reform Panel--Joseph Berardo, president and CEO of MagnaCare (www.magnacare.com), will participate in a panel to discuss health care reform and how it will affect New York and the nation. The symposium, hosted by the Business and Labor Coalition of New York, will take place Wednesday, April 14, 2010, 8:00 a.m., at the Hard Rock Café at 43rd St. & Broadway, New York, N.Y. The panel will include Kathleen Sebelius, Secretary of Health and Human Services, and will feature Mr. Berardo and fellow leaders in the health care space. For a full list of participants and event details, please click here.
• MagnaCare Positioned for Growth in National Health Care Marketplace—March 9, 2010—MagnaCare announces plans to build on its stable customer base and dominant position in the fiercely competitive NY/NJ/CT region. Read about MagnaCare’s competitive advantages, the reasons for its success, and its growth strategies.
• We Have Partnered with Emdeon for Electronic Claims Submission

Conferences

• Conferences MagnaCare will be attending in 2010