Reports Adjusted EBITDA and Net Income Profitability for the First Time in Company History For the year ended December 31, 2024: Total Revenue of $9.2 billion, a 56.5% increase year-over-year Medical Loss Ratio of 81.7%, a 10 bps increase year-over-year SG&A Expense Ratio of 19.1%, a 520 bps improvement year-over-year Net income attributable to Oscar of $25.4 million, or $0.10 of diluted earnings per share, a $296.2 million... Read More

NEW YORK / Jan 09, 2025 / Business Wire / Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will release its fourth quarter and full year 2024 financial results after the market closes on Tuesday, February 4, 2025. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: 1.855.761.5600... Read More

NEW YORK / Nov 18, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that the Anahata Foundation (“Anahata”), a charitable foundation established by Mark T. Bertolini, Oscar’s Chief Executive Officer, purchased 933,333 shares on the open market the week of November 11, 2024. Oscar was not a party to any of these transactions. Bertolini said: “I believe... Read More

NEW YORK / Nov 15, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in New Jersey in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around... Read More

For the quarter ended September 30, 2024: Total Revenue of $2.4 billion, a 68% increase year-over-year Medical Loss Ratio of 84.6%, an 80 bps increase year-over-year SG&A Expense Ratio of 19.0%, a 360 bps improvement year-over-year Net loss attributable to Oscar of $54.6 million, or $(0.22) of earnings per share, a $10.8 million improvement year-over-year Adjusted EBITDA loss of $11.6 million, an $8.7 million improvement... Read More

NEW YORK / Nov 04, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it is entering the greater Charlotte and Winston-Salem areas of North Carolina to bring the Oscar experience to individuals and families through the ACA marketplace in 2025. Oscar is introducing easy, affordable health insurance 1 options with: Services built around personal health... Read More

NEW YORK / Oct 31, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Ohio in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around personal... Read More

NEW YORK / Oct 30, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Texas in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around personal... Read More

NEW YORK / Oct 30, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Tennessee in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around... Read More

NEW YORK / Oct 30, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Kansas City in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around... Read More

NEW YORK / Oct 29, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Florida in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around... Read More

NEW YORK / Oct 29, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Georgia in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around... Read More

NEW YORK / Oct 29, 2024 / Business Wire / Oscar Health, Inc . (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Iowa in 2025. Oscar is introducing affordable health insurance products 1 that empower everyone to pursue a healthy life on their terms with: Services built around personal... Read More

NEW YORK / Oct 21, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in 2025. Oscar is introducing affordable health insurance products that... Read More

NEW YORK / Oct 08, 2024 / Business Wire / Oscar Health, Inc . (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. Management will review these results in a conference call beginning at 8:00 AM (ET). The call-in number and webcast link are as follows: Live Call: 1.888.596.4244 Conference... Read More

NEW YORK / Aug 22, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced its leaders will present and provide a business update at three upcoming healthcare conferences: 2024 Wells Fargo Healthcare Conference : Chief Financial Officer, Scott Blackley, will participate in a fireside chat at approximately 12:45 p.m. ET on September 4, 2024. Morgan Stanley... Read More

For the quarter ended June 30, 2024: Total Revenue of $2.2 billion, a 46% increase YoY Medical Loss Ratio of 79.0%, a 90 bps improvement YoY SG&A Expense Ratio of 19.6%, a 260 bps improvement YoY Net income attributable to Oscar of $56.2 million, or $0.20 of diluted earnings per share, a $71.7 million improvement YoY Adjusted EBITDA of $104.1 million, a $68.6 million improvement YoY NEW YORK / Aug 07, 2024 / Business Wire /... Read More

NEW YORK / Jul 09, 2024 / Business Wire / Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will release its second quarter 2024 financial results before the market opens on Wednesday, August 7, 2024. Management will review these results in a conference call beginning at 8:00 AM (ET). The call-in number and webcast link are as follows: Live Call: (888) 596-4244 Conference... Read More

NEW YORK / May 08, 2024 / Business Wire / Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, today announced that Chief Financial Officer, Scott Blackley, is scheduled to present and provide a business update at the BofA Securities 2024 Global Health Care Conference on Wednesday, May 15, 2024 at approximately 8:40 AM PT (11:40 AM ET) in Las Vegas, NV. All interested parties... Read More

For the quarter ended March 31, 2024: Total Revenue of $2.1 billion, a 46% increase YoY Medical Loss Ratio of 74.2%, a 210 bps improvement YoY SG&A Expense Ratio of 18.4%, an 870 bps improvement YoY Net Income attributable to Oscar of $177.4 million, or $0.62 of diluted earnings per share, a $217.1 million improvement YoY Adjusted EBITDA of $219.3 million, a $168.2 million improvement YoY NEW YORK / May 07, 2024 / Business... Read More

NEW YORK / Apr 10, 2024 / Business Wire / Oscar Health, Inc. (“Oscar” or the “Company”) (NYSE: OSCR), a leading healthcare technology company, will host its 2024 Investor Day on Friday, June 7, 2024 in New York City. Management will discuss the Company's corporate strategy, financial performance, and long-term financial targets. The event will begin at 9:00 AM ET. A live webcast to the presentation and the presentation... Read More

NEW YORK / Apr 02, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, will release its first quarter 2024 financial results before the market opens on Tuesday, May 7, 2024. Management will review these results in a conference call beginning at 8:00 AM (ET). The call-in number and webcast link are as follows: Live Call: (888) 596-4244 Conference ID: 776-8132 Webcast Link... Read More

For the year ended December 31, 2023: Direct and Assumed Policy Premiums of $6.6 billion, a 3% decrease YoY Premiums earned of $5.7 billion, a 47% increase YoY Medical Loss Ratio of 81.6%, a 370 bps improvement YoY InsuranceCo Administrative Expense Ratio of 17.9%, a 270 bps improvement YoY InsuranceCo Combined Ratio of 99.5%, a 640 bps improvement YoY Adjusted Administrative Expense Ratio of 21.0%, a 350 bps improvement YoY... Read More

NEW YORK / Jan 26, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, announced that on January 22, 2024 the Compensation Committee of Oscar’s Board of Directors approved the grant of employment inducement restricted stock unit awards covering an aggregate of 104,586 Class A shares of Oscar’s common stock to 11 new non-executive employees of Oscar and its affiliates, to... Read More

NEW YORK / Jan 18, 2024 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, will release its fourth quarter and full year 2023 financial results after the market closes on Wednesday, February 7, 2024. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: (877) 400-4403 Conference ID:... Read More

NEW YORK / Dec 20, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that Chief Executive Officer, Mark Bertolini, is scheduled to present and provide a business update at the 42nd Annual J.P. Morgan Healthcare Conference on Wednesday, January 10, 2024 at approximately 9:00 AM PT (12:00 PM ET) in San Francisco, CA. All interested parties are invited to... Read More

NEW YORK / Nov 20, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, is announcing this year’s recipients of its Culturally Competent Care (CCC) Grants. The initiative, which is a component of Oscar’s CCC Program, delivers financial and on-the-ground support to select organizations who provide access to care in underserved communities. Aligned with our commitment to... Read More

NEW YORK / Nov 20, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that an affiliate of Deerfield Management Company, L.P. (“Deerfield”) and the Anahata Foundation (“Anahata”), a charitable foundation established by Mark T. Bertolini, Oscar’s Chief Executive Officer, each entered into a Stock Purchase Agreement for the purchase in private placement of... Read More

NEW YORK / Nov 08, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced that Chief Executive Officer, Mark Bertolini, is scheduled to present and provide a business update at the 5th Annual Wolfe Research Healthcare Conference on Wednesday, November 15, 2023 at approximately 2:15 PM ET. All interested parties are invited to listen to a live webcast of the... Read More

For the quarter ended September 30, 2023: Direct and Assumed Policy Premiums of $1.6 billion, a 5% decrease YoY Premiums earned of $1.4 billion, a 46% increase YoY Medical Loss Ratio of 83.8%, a 608 bps improvement YoY Net loss of $65.7 million, an improvement of $127.8 million YoY Adjusted EBITDA loss of $20.3 million, an improvement of $139.5 million YoY InsuranceCo Administrative Expense Ratio of 17.4%, a 326 bps... Read More

Major expansion in 165 new markets in 13 states through its Individual & Family Plans Personalized plans for Chronic Obstructive Pulmonary Disease (COPD), asthma, and diabetes members Enhanced immersive Spanish-first programs NEW YORK / Oct 12, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading... Read More

NEW YORK / Oct 10, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its third quarter 2023 financial results before the market opens on Tuesday, November 7, 2023. Management will review these results in a conference call beginning at 8:00 AM (ET). The call-in number and webcast link are as follows: Live Call: (877)... Read More

NEW YORK / Sep 06, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built around a full stack technology platform, today announced the appointment of two seasoned healthcare executives to round out its leadership bench and further propel its vision to refactor healthcare. Kerry Sain has joined the company as the Executive Vice President of +Oscar, effective August 14, 2023,... Read More

NEW YORK / Aug 17, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Chief Financial Officer, Scott Blackley, is scheduled to present at the 2023 Wells Fargo Healthcare Conference on Wednesday, September 6, 2023 at approximately 1:30 p.m. ET. In addition, Chief Executive Officer, Mark Bertolini, is scheduled to... Read More

For the quarter ended June 30, 2023: Direct and Assumed Policy Premiums of $1.6 billion, a 3% decrease YoY Premiums earned of $1.5 billion, a 48% increase YoY Medical Loss Ratio of 79.9%, a 230 bps improvement YoY Net loss of ($15.4) million, an improvement of $96.7 million YoY Adjusted EBITDA of $35.6 million, an improvement of $111.4 million YoY InsuranceCo Administrative Expense Ratio of 16.7%, a 280 bps improvement YoY... Read More

NEW YORK / Jul 07, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its second quarter 2023 financial results after market close on Tuesday, August 8, 2023. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: (877) 400-4403... Read More

For the quarter ended March 31, 2023: Direct and Assumed Policy Premiums of $1.7 billion, a 2% increase YoY Premms earned of $1.4 billion, a 50% increase YoY Medical Loss Ratio of 76.3%, a 108 bps improvement YoY Net loss of $39.6 million, an improvement of $37.7 million YoY Adjusted EBITDA of $51.1 million, an improvement of $88.1 million YoY InsuranceCo Administrative Expense Ratio of 18.6%, a 121 bps improvement YoY... Read More

NEW YORK / Apr 26, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Chief Executive Officer, Mark Bertolini, and Chief Financial Officer, Sid Sankaran, will present at the BofA Securities 2023 Health Care Conference on Wednesday, May 10, 2023 at 3:00 PM PT (6:00 PM ET) in Las Vegas, NV. All interested parties... Read More

SAN FRANCISCO & NEW YORK / Apr 19, 2023 / Business Wire / Today, Ciox Health ® , a Datavant company, and Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built around a full stack technology platform, announced that they have renewed and expanded their digital services agreement. Under the expanded agreement, Oscar will have access to the Datavant Switchboard via Ciox to securely request,... Read More

NEW YORK / Apr 13, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its first quarter 2023 financial results after market close on Tuesday, May 9, 2023. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: ● Live Call: (877) 400-4403 ●... Read More

NEW YORK / Apr 11, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today released its inaugural Environmental, Social, and Governance (ESG) Report for 2022. The report outlines the strategies and initiatives that Oscar has developed, and continues to iterate, to help build a more sustainable and equitable future within its... Read More

NEW YORK / Apr 05, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, previously announced that the Compensation Committee of Oscar’s Board of Directors approved, effective as of April 3, 2023, the grant of employment inducement awards covering 10,320,000 Class A shares of Oscar’s common stock to Mark T. Bertolini to induce him to... Read More

NEW YORK / Mar 28, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built around a full-stack technology platform, today announced the appointment of Mark Bertolini to the role of Chief Executive Officer, effective April 3, 2023. Co-Founder Mario Schlosser, will transition to President of Technology, reporting to Mark. In his new role, Mario will lead product and... Read More

NEW YORK / Mar 15, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Dr. Sean Martin, MD has been appointed to serve as the company’s new Chief Medical Officer, effective immediately. Dr. Martin joined Oscar in 2016 and during his tenure has provided clinical leadership across a number of core clinical... Read More

NEW YORK / Mar 06, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that it has renewed its Pharmacy Benefit Manager agreement with CVS Caremark to provide Oscar members with continued access to CVS Caremark’s pharmacy network. The agreement between the two organizations is expected to substantially lower costs for... Read More

NEW YORK / Feb 15, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced Co-Founder & CEO, Mario Schlosser, and CFO, Sid Sankaran, will present at the Cowen 43rd Annual Health Care Conference on Monday, March 6, 2023. Oscar is expected to present at approximately 10:30 AM ET through a virtual webcast. The webcast link is... Read More

NEW YORK / Feb 10, 2023 / Business Wire / Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, announced that on February 6, 2023 the Compensation Committee of Oscar’s Board of Directors approved the grant of inducement restricted stock unit awards covering 832,126 Class A shares of Oscar’s common stock to 12 new non-executive employees of Oscar and its... Read More

Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, will release its fourth quarter 2022 and full year 2022 financial results after market close on Thursday, February 9, 2023. Management will review these results in a conference call beginning at 5:00 PM (ET). The call-in number and webcast link are as follows: Live Call: (877) 400-4403 Conference ID:... Read More

Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Co-Founder & CEO, Mario Schlosser, will present at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023 at 5:15 PM PT (8:15 PM ET) in San Francisco, CA. All interested parties are invited to listen to a webcast of the presentation by visiting... Read More

NEW YORK--( BUSINESS WIRE )-- Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Bill Gassen and Laura Lang have been appointed to its Board of Directors. They have joined the board in an official capacity effective today, December 7, 2022. Ms. Lang was also appointed as Chair of the Compensation Committee of the Board and Mr. Gassen... Read More

NEW YORK--( BUSINESS WIRE )-- Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), the first health insurance company built on a full stack technology platform, today announced that Bill Gassen and Laura Lang have been appointed to its Board of Directors. They have joined the board in an official capacity effective today, December 7, 2022. Ms. Lang was also appointed as Chair of the Compensation Committee of the Board and Mr. Gassen... Read More