Oscar Health news and trends

Oscar Health Aims to More Than Double Membership by 2027
Healthcare // June 07, 2024

Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Using its position in the Affordable Care Act market, Oscar Health aims to compete with larger insurers and increase transparency on...

Oscar Health: Gig Workers Drive Record Jump in ‘Obamacare’ Enrollment
Gig Economy // 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...

Progressive, State Farm Vie for Crown in Provider Rankings of Insurance Apps 
Mobile Applications // October 30, 2023

Navigating insurance policies can be a daunting and complex process, especially since we only use them when we face trouble. In this edition of PYMNTS’ Provider Rankings of Insurance Apps, we’ve compiled a list of the best insurance apps, based on factors like channel coverage...

Progressive and State Farm Reach No. 1 in PYMNTS’ Provider Ranking of Insurance Apps
Insurance // September 25, 2023

There are ties at the top and bottom of this edition of PYMNTS Provider Ranking of Insurance Apps. State Farm climbs to the top this month, and two newcomers, Lemonade Insurance and Jerry: Car Insurance, make an appearance. The Top 5 No. 1 is a...

Interviews & Exclusives
Ohio University On Paper Checks And The Higher Ed Financial Aid Catch 22

February 12, 2020
Real-time or instant payments have proved their worth to the businesses — and individuals — that need quick transactions to stay afloat. The benefits of such payment solutions include crucial fraud protection features and data insights regarding their clients and consumers, which can lead to a higher level of service. However, the expanding popularity of […]

Top News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap...

January 17, 2020
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent.   China Posts Worst...

Quick Reads
Oscar Health Aims to More Than Double Membership by 2027

June 07, 2024
Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Using its position in the Affordable Care Act market, Oscar Health aims to compete with larger insurers and increase transparency on pharmacy benefits, CNBC reported Friday (June 7). Oscar Health CEO […]

Oscar Health: Gig Workers Drive Record Jump in ‘Obamacare’ Enrollment

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...

Joshua Kushner’s Oscar Health Launches ‘Tech-Driven Platform’ After IPO

April 20, 2021
InsurTech Oscar Health is launching +Oscar, a “tech-driven platform business designed to help healthcare clients drive improved efficiency, growth and superior engagement with their members and patients.” An InsurTech aims, through...

Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation

March 03, 2021
Insurtech Oscar Health, co-founded by Joshua Kushner, raised $1.4 billion in an initial public offering (IPO) on a $7.9 billion valuation, The Financial Times reported on Wednesday (March 3).   Kushner,...