Oscar Health Gains Market Share – Membership in U.S. Health Insurance Rises by 46%

Oscar Health insures nearly 3 million people and significantly gains market share despite a shrinking ACA market. AI and its own technology platform aim to reduce administrative costs and steer insured individuals to more affordable treatments. Q2 revenue increased by 70%, while the forecast for operating profit was raised to USD 500 to 700 million. Oscar Health (OSCR) is a technology-driven U.S. health insurer focused on the individual market of the Affordable Care Act (ACA), better known as Obamacare. Through the ACA marketplaces, individuals...