Magnacare Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Magnacare

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Magnacare Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	5241 Insurance Carriers
Address	1600 Stewart Avenue Ste 700 Westbury, NY 11590

Note: Revenues for privately held companies are statistical evaluations.


Magnacare's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Magnacare's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Magnacare is classified as operating in the Insurance Carriers industry, NAICS Code 5241.

Magnacare Annual Revenue and Growth Rate

Magnacare	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	$10 - $100 million Details in Premium Report
2024
2023
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Magnacare's revenues are gauged from an analysis of company filings.

Magnacare's Income Statement (based on Industry Averages)

Magnacare P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Magnacare is developing and marketing. Magnacare doesn't have any recent trademark applications, indicating Magnacare is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
EVALUAIDE Healthcare consultative and analytical services, namely, providing a database of healthcare insurance claims that are systematically analyzed with the goal of developing actionable healthcare intervention strategies, namely, health insurance benefit refinements	06/18/2008
LISTENING IS PART OF THE PLAN Organizing a network of health care providers to contract with insurance carriers, unions and employee benefit plan providers, third party administrators and corporations for the provision of health care benefits, and administering the health care benefit plans of the fore mentioned entities	06/30/2004
MAGNACARE Administration of pre-paid health care plans; organizing pre-paid health care plans	06/11/2003

See all trademarks and details in the Full Report.

Market Share of Magnacare's Largest Competitors

A competitive analysis shows these companies are in the same general field as Magnacare, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

These companies are similar in business line and location to Magnacare. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
AMERICAN TRANSIT INSURANCE	Freeport, NY	100
LANCER FINANCIAL GROUP	Long Beach, NY	50
SHELTERPOINT LIFE INSURANCE	Garden City, NY	28
LANCER INSURANCE	Long Beach, NY	23
INTERBORO MANAGEMENT	Mineola, NY	7
NEW EMPIRE GROUP	Long Beach, NY	5

Other Companies at 1600 Stewart Avenue, Westbury NY

Company	Headquarters	Revenue ($ MM)
MEADOWBROOK FINANCIAL MORTGAGE BANKERS	Westbury, NY	100
VOLT INFORMATION SCIENCES	Westbury, NY	73
MAGNACARE EMPLOYEE BENEFIT PLAN	Westbury, NY	62
LONG ISLAND FQHC	Westbury, NY	25
LACHMAN CONSULTANT SERVICES	Westbury, NY	4

Future Competition: Magnacare's Fastest Growing Competitors

These companies are in the same general field as Magnacare and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)