Skilled Nursing News August 19, 2018
Robert Holly

Medicare Advantage plans continue to gain traction among skilled nursing residents and other long-term care patients, and one of the world’s biggest companies is poised to throw its hat into the ring.

The New York City-based insurer Oscar Health announced last week that Google’s parent company, Alphabet Inc., plans to invest $375 million into the technology-driven health care business.

Eventually, Oscar Health hopes to use the funding to propel it into the MA market, CEO Mario Schlosser said in a statement provided to Skilled Nursing News.

“Oscar will accelerate the pursuit of its mission: to make our health care system work for consumers,” Schlosser, who co-founded Oscar Health in 2012, said. “We will continue to build a member experience...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Insurance, Investments, Medicare Advantage, Payer, Trends
Medicare Advantage Growth Could Normalize, but Nursing Home Leaders Call for Rate Floor and Other Changes
Patient advocates shred Becerra's copay accumulator comments
How restrictive are Medicare Advantage provider networks?
Star Ratings and Member Experience: Two Sides of the Same Coin
New Compliance Obligations for PACE Organizations Coming in 2025

Share This Article