Health insurance company: Oscar Health, Inc. (OSCR)

Oscar Health, Inc. (NYSE: OSCR), founded in 2012, formerly known as Mulberry Health Inc., was renamed in January 2021. Headquartered in New York City, New York, the United States, it has 2621 full-time employees and is a company providing health insurance products and services.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar Health (OSCR)

Oscar Health Insurance is a technology driven health insurance company insurance company , founded in 2012, headquartered in New York City. The company passed the Telemedicine The healthcare focused technical interface and transparent claims pricing system focus on the health insurance industry, which will make it easier for patients to work. By 2017, Oscar has expanded to the markets of San Antonio, Los Angeles, Orange County, California and San Francisco. In 2018, Oscar was selected as one of CNBC's 50 "Disruptors". The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar is the first health insurance company based on the full stack technology platform, and is committed to serving its members. Eight years ago, Oscar was founded to create the kind of health insurance company that you want - acting like a family doctor to help customers control the health care system when they need it most. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

In the years since then, Oscar Health has established a set of services that enable the company to win the trust of its members, use the function of personalized data and help its members find quality care that they can afford. The company calls it "member participation engine", which is supported by a differentiated full stack technology platform, which will enable Oscar to continue to innovate like a technology company rather than a traditional insurance company in the next few years. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

After eight years of health insurance sales, as of January 31, 2021, Oscar Health has about 529000 members. At the same time, as of December 31, 2020, Oscar Health's Medical Loss Ratio (MLR) was 84.7%, realizing a positive unit economy. The company provides services to 291 counties in 18 states, and its members have conducted more than 5 million medical care visits in 2020. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar currently provides personal health programs in Arizona, Colorado, Florida, Georgia, Kansas, Missouri, Michigan, New York, Pennsylvania, Virginia, Ohio, Texas, New Jersey, Tennessee and California. Group health insurance plans are available in New York, New Jersey, California and Tennessee. Oscar Health also participates in the Medicare Advantage program in New York City and Houston, Texas. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar Health Insurance assigns each member to a "nursing team", which is composed of three nursing instructors and a registered nurse, and is responsible for dealing with traditional customer service issues and clinical nursing coordination. Oscar and its selected provider partners provide direct medical treatment arrangements, services and applications and tools for Oscar members, including clinical dashboards, which can integrate the medical history of Oscar members into a platform. According to WIRED, they have built a prediction model using purchased Medicare data and Oscar's own claims data to better optimize their patient and doctor provider networks based on location and provider expertise. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar began to provide a broader network for small business customers in 2018, calling it Circle Plus, rather than its original network Circle. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

In the 12 months ended December 31, 2020, Oscar Health has achieved revenue of $463 million. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar Health (OSCR) History Encyclopedia

• Oscar Health was founded in 2012 by Mario Schlosser, Josh Kushner and Kevin Nazemi, students of Harvard Business School. Schlosser and Kushner were inspired by their experience in the complex hospital billing system in 2012 (Schlosser's wife was pregnant, Kushner's ankle sprained).
• Oscar began to sell insurance in the same year that the Affordable Care Act exchange and individual authorization took effect in the 2014 plan year. In the first year, Oscar won 16000 members.
• In 2015, the coverage of Oscar expanded to New Jersey and increased to about 40000 members.
• In 2016, Oscar had 145000 members in New York, New Jersey, California and Texas. Oscar expanded its business to Tempe, Arizona in August 2016 and decided to set up its protocol team here, which is the name of its membership service model.
• On August 23, 2016, Oscar announced that it would withdraw from the New Jersey market by the end of 2016, because market uncertainty would challenge it to "operate effectively and continue to provide quality medical care services". Oscar also announced that it would reduce the network size of service providers in New York by half in the case of rising premiums, in order to "gain more control over pricing and patient experience".
• In November 2016, Oscar opened Oscar Center in cooperation with Mount Sinai Health System. Oscar Center is located in Brooklyn Heights, adjacent to Jay Street – MetroTech station. Oscar Center has primary health care services provided by doctors, practicing doctors and behavioral health experts, and is only available to Oscar policyholders. It also offers free classes for members, such as yoga classes or mother to be classes. On March 13, 2020, Oscar closed the Oscar Center and reopened it "until further notice".
• On April 25, 2017, Oscar announced to enter the small group insurance market and provide health plans in New York.
• On June 15, 2017, Oscar announced the establishment of a partnership with the Cleveland Clinic to provide consumers with personal health insurance plans in five counties in northeastern Ohio.
• On June 21, 2017, Oscar announced its intention to expand to other markets in Tennessee, Ohio, Texas, New Jersey and California in 2018.
• On July 12, 2017, Oscar announced that Humana To sell small group insurance in Nashville metropolitan area to companies with no more than 50 employees.
• In January 2020, Oscar announced that Cigna (Cigna) Build partnerships to bring health insurance programs to small businesses. Partner Cigna+Oscar will be "launched in specific markets in 2020, and plans to expand the partnership over time."
• As of June 2020, Oscar will sell individual health insurance plans directly or through the health insurance markets in New York, Texas and California. Oscar sells the Medicare Advantage program in New York City and Houston, Texas. Mario Schlosser is the CEO of the company. Previously, he was the co CEO of Nazemi until the latter left in early 2015. Although Kushner did not play a formal role in Oscar's daily operations, he is still a major shareholder. Schlosser confirmed (as of 2017) that he "has invested a lot of money in many aspects of the company, such as strategy, recruitment and marketing".

Oscar Health (OSCR) US equity investment

Oscar Health, Inc. (NYSE: OSCR) plans to use the OSCR stock code New York stock exchange Listing. Oscar Health submitted it secretly on November 6, 2020. Goldman Sachs, Morgan Stanley, Allen, Wells Fargo bank Securities, Bank of America Securities and Credit Suisse are the joint bookrunners of the transaction. The price terms were not disclosed. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/oscr.html

Oscar Health submitted its application to the Securities and Exchange Commission (SEC) on Friday (February 5, 2021).

Oscar Health, Inc. (NYSE: OSCR) on March 3, 2021 IPO Listed on the New York Stock Exchange, the planned offering price is $32.00 - $34.00, the actual offering price is 39 dollars, 37 million shares are issued, and 1.453 billion dollars are raised, Goldman Sachs / Morgan Stanley /Allen & Co./ Wells Fargo Securities/ BofA Securities / Credit Suisse Underwriting, Cowen /Lion Tree/Ramirez&Co./Siebert Williams Shank.

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