CNBC June 7, 2024
Bertha Coombs

Key Points

– Oscar Health CEO Mark Bertolini outlined the health insurers three-year plan to become a bigger player in the employer market ahead of the company’s investor day.

– Bertolini says Oscar can leverage its position in the ACA market to compete with larger insurers to provide more affordable health plans for small- and mid-sized companies.

– Bertolini sees more transparency on pharmacy benefits as one of the keys to holding down costs for employers and patients.

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 employer market.

That...

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