C
Oscar Ins Corp Ohio
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (5.4 on a scale of 0 to 10) despite modest operating losses during 2018 and 2022. Excellent overall capitalization (8.4) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Other Rating Factors: Excellent overall results on stability tests (7.0) based on consistent premium and capital growth in the last five years but a decline in the number of member physicians during 2022. Rating is significantly influenced by the weak financial results of Oscar Health Inc. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: OH
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
89
Fee For Service
Contractual Pay
0
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Oscar Health Inc
Investment Rating
Company Address
75 Varick Street
New York, NY 10013
Phone Number
(646) 403-3677
NAIC Number
16202
Largest Affiliates
D
Plantation, FL - Health
D
Dallas, TX - Health
D
New York, NY - Health
D
New York, NY - Health
C
New York, NY - Health