Meet Oscar

[Brian Anderson]

Another Oscar "strategy update" in this new Bloomberg piece...

How Health Insurance Startup Oscar Is Going to Get to 1 Million Members - Bloomberg Business

 

[AllenChicago]

I think we'll be reading about Oscar in the funny pages .

"Startup Oscar Health lost $92.4 million in its New York health insurance business in 2015, a sign that insurers of all sizes are struggling in the new markets created by President Barack Obama’s health-care overhaul.

The loss, on premium revenue of $118.2 million, was disclosed by Oscar in a filing with New York regulators. Oscar said it had 52,815 customers in New York, its biggest market, as of Dec. 31. The company lost $27.6 million in the state a year earlier, when it had fewer customers. A company representative didn’t immediately return requests for comment."

Source: Startup Oscar Posts $92.4 Million Obamacare Loss in New York - Bloomberg Business