Oscar Health Inc. membership retention and more personalization were highlighted during the healthcare insurance provider’s third-quarter earnings report released Tuesday (Nov. 7). The company, which provides individuals insurance under the Affordable Care Act, said it expects to reach profitability in 2024 and updated its financial...
The United States healthcare system is notorious for burdening patients with hefty expenses — a reality that existed long before the COVID-19 pandemic turned a national spotlight onto the issue. Financially-strained consumers can struggle to afford medicine and treatment for a variety of conditions, and...
The healthcare market is not immune to payment frictions, as costly inefficiencies can force hospitals to chase payments and prompt 47 percent of patients to consider seeking medical treatments elsewhere. The Faster Payments Tracker includes a Deep Dive that explores the potential benefits that real-time...
In medicine, it seems there is a side effect for every treatment. The Affordable Care Act (ACA), or Obamacare, which was signed into law in 2010, is no exception. The purpose of the ACA was to make healthcare more accessible to more people by, among...
May 07, 2024
Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans. During an earnings call Tuesday (May 7), CEO Mark Bertolini said that total plan membership was up 42% during the quarter as “Obamacare” enrollment soared. “The ACA now has more than 21 million people enrolled and is the fastest growing health insurance […]
November 07, 2023
Oscar Health Inc. membership retention and more personalization were highlighted during the healthcare insurance provider’s third-quarter earnings report released Tuesday (Nov. 7). The company, which provides individuals insurance under the...
March 22, 2017
The Trump rally got a bump on Tuesday — down. The U.S. stock market and several other asset classes, including bonds, sank markedly that day. In fact, the broader indexes, from...
