Oscar Health is a technology-driven health insurance company founded in 2012 by Mario Schlosser, Joshua Kushner, and Kevin Nazemi. Headquartered in New York, New York, the company was created to modernize the U.S. health insurance experience by combining insurance coverage with a user-friendly digital platform. Oscar primarily serves individuals, families, and small businesses through Affordable Care Act (ACA) marketplace plans, offering tools that help members find doctors, manage care, and access telemedicine services.
The company emphasizes transparency, digital engagement, and personalized care navigation. Its platform integrates mobile apps, virtual care, and data-driven recommendations to help members understand benefits, track health needs, and connect with providers. Oscar Health has grown to serve over a million members across multiple U.S. states and employs several thousand people.
Oscar went public on the New York Stock Exchange (NYSE: OSCR) in 2021 and is widely recognized as a leading "insurtech" innovator attempting to reshape traditional health insurance through technology and consumer-focused design. In recent years, the company has focused on expanding ACA marketplace coverage, improving operational efficiency, and moving toward sustained profitability while continuing to develop its technology platform for healthcare partners.
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