JERSEY CITY — As many as 15,000 clients of MagnaCare health insurance in Hudson County will no longer be able to rely on Jersey City Medical Center except for emergency conditions, according to published reports.
The New York based company and JCMC announced over the weekend they were unable to agree on new rates despite protracted negotiations.
Executives at the company and the hospital each blamed the other for the failure to agree.
MagnaCare CEO Joseph Berardo Jr. said JCMC requested a 100 percent rate increase. Mark Rabson, spokesman for JCMC, said MagnaCare reimburses the hospital below the rates other insurance companies offer. He also claimed JCMA served a very small number of MagnaCare clients.
A MagnaCare official said Hoboken University Medical Center, Christ Hospital, and Meadowlands Hospital Medical Center will continue to accept their clients.