Oscar Health, Inc. OSCR

Company Overview

Oscar Health, Inc. is a U.S.-based health insurance and healthcare technology company focused on providing individual, family, Medicare Advantage, and small group health plans. The company operates primarily within the health insurance and digital healthcare industries, with an emphasis on technology-enabled member engagement, virtual care access, and data-driven healthcare management. Oscar generates most of its revenue from premiums earned through health insurance policies offered on the Affordable Care Act (ACA) exchanges, Medicare Advantage plans, and employer-sponsored coverage products.

Oscar differentiates itself through a consumer-oriented digital platform designed to simplify health insurance navigation, telemedicine access, claims processing, and care coordination. Its strategy centers on integrating insurance operations with proprietary technology tools intended to improve member experience and medical cost management. Founded in 2012 by Mario Schlosser, Joshua Kushner, and Kevin Nazemi, the company initially focused on ACA marketplace plans in select U.S. states before expanding into additional insurance products and technology-enabled healthcare services. Oscar became a publicly traded company on the New York Stock Exchange in 2021 under the ticker OSCR.