A magnetic bearing assembly includes a lamination stack with coil apertures extending between opposing sides. A continuous unitary insulation layer is overmolded onto the opposing sides and within the coil apertures providing a coil aperture lining. The insulation layer includes a wall within the coil aperture adjoining coil aperture lining and bisecting the coil aperture into first and second openings. A coil portion is disposed in each of the first and second openings and electrically isolated from one another by the wall. The magnetic bearing assembly is arranged in a refrigerant compressor that includes an electric motor rotationally configured to rotationally drive an impeller via a shaft. A controller is in communication with the magnetic bearing and configured to energize the coils and provide a magnetic field rotationally supporting the shaft.