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). Oscar Health CEO Mark Bertolini told CNBC that increasing transparency on pharmacy benefits is crucial in holding down costs for employers and patients. By implementing plan designs and underwriting the group, Oscar Health aims to ensure that employees are enrolled in the most suitable plans. Bertolini's experience as the former CEO of Aetna has ...

It's not a new concept. When Affordable Care Act exchanges launched 10 years ago, analysts predicted employers would abandon the complexities of buying group coverage and adopt individual coverage health reimbursement arrangements, or ICHRAs, giving workers cash to buy their own ACA plans. Mark Bertolini has helped Oscar Health move toward profitability, after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will focus on tapping into the ...

Oscar Health is doubling its "market footprint" over the next three years to grow its business ... [+] selling individual health insurance known as Obamacare under the Affordable Care Act as well as a new form of coverage for workers and employers Oscar Health photo Oscar Health is doubling its "market footprint" over the next three years to grow its business selling individual health insurance known as Obamacare under the Affordable Care Act as well as a new form of coverage for workers and employers. In a ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Oscar Health, Inc. (OSCR) . Are you wondering why? The vested interest of brokerage firms in a ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Have you been paying attention to shares of Oscar Health, Inc. (OSCR) ? Shares have been on the move with the stock up 46.8% over the past month. The stock hit a new 52-week high of $22.68 in the previous session. Oscar Health, Inc. has gained 136.5% since the start of the year compared to the 3.7% move for the Zacks Finance sector and the 13% return for the Zacks Insurance - Multi line industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...

Oscar Health (NASDAQ: OSCR) stock price is firing on all cylinders this year. It has soared by 120%, making it one of the best performers in the Russell 2000 index. Also, it has outperformed all leading indices like the Nasdaq 100 and S&P 500 indices.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Oscar Health is doing wellCopy link to sectionOscar Health is a technology company that was started by Joshua Kushner to help people shop for health insuran ...

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 segment, driven by the gig economy, consumerization and government policies,” Bertolini told analysts. “The market has reached a si ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ Commission File Number: 001-40154 Oscar Health, Inc. (Exact name of registrant as specified in its charter) Former name, for ...