Forbes June 7, 2024
Oscar Health is doubling its “market footprint” over the next three years to grow its business selling individual health insurance known as Obamacare under the Affordable Care Act as well as a new form of coverage for workers and employers.
In a disclosure Friday during its 2024 investor day, Oscar executives outlined a plan to expand to more than 150 metropolitan statistical areas, which essentially doubles the company’s footprint, the company said.
Oscar, which shook up its management ranks and hired the former Aetna chief executive Mark Bertolini last year, reported a first quarter profit of $177.4 million. Founded in 2012, Oscar had yet to turn a profit, but Bertolini and his new team have said that will change this...
Today's Sponsors
Today's Sponsor