Forbes July 30, 2020
Oscar Health is expanding its health insurance products into four new states and 19 new markets to sell coverage for individuals and families in 2021.
The move announced Thursday into new cities and states marks the fourth consecutive year Oscar is expanding into new markets and comes as health insurance companies in the individual business brace for an influx of new customers losing their employer coverage during the Covid-19 pandemic. Oscar’s niche has long been the individual market of Americans signing up for Obamacare coverage sold under the Affordable Care Act, which is expected to become more attractive for 2021 amid the recession and the surge of cases of the Coronavirus strain Covid-19.
“The pandemic in different ways has made...