Forbes November 6, 2025
Oscar Health Thursday reported a $137 million third quarter loss but predicts “a return to profitability” as the health insurance industry works its way through a period of rising costs and Washington gridlock.
Oscar has more than 2 million health plan members as one of the nation’s largest providers of individual coverage under the Affordable Care Act, also known as Obamacare. Oscar’s total membership was up 28% to more than 2.1 million compared to the third quarter of last year, helping total revenue rise 23% to nearly $2.9 billion in the third quarter.
But Oscar reported a third quarter loss of $137.5 million, or 53 cents a share, which compares to a loss of $54.6 million, or 22 cents in...
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