PYMNTS.com June 7, 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 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.
The move into the employer market is part of Oscar Health’s strategy to grow its membership from 1.5 million to approximately 4 million...
Today's Sponsors
Today's Sponsor