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Oscar Health Announces New Health Insurance Options in Tennessee in 2025

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Oscar Health (NYSE: OSCR) announces expansion of its health insurance offerings in Tennessee for 2025 through the ACA marketplace. The company will provide Bronze, Silver, and Gold EPO plans featuring $3 medications, dedicated concierge care teams, and a healthcare app. A new solution, Oscar for Employers and Employees, allows businesses with fewer than 50 employees to offer benefits through tax-free contributions. The network includes major healthcare providers like Vanderbilt, TriStar Health, and Ascension Saint Thomas. Oscar's Spanish language service, Hola Oscar, maintains an NPS of 87.

Oscar Health (NYSE: OSCR) annuncia l'espansione delle sue offerte di assicurazione sanitaria in Tennessee per il 2025 tramite il mercato ACA. L'azienda fornirà piani EPO Bronze, Silver e Gold con medicinali a 3 dollari, team di assistenza dedicati e un'app sanitaria. Una nuova soluzione, Oscar per Datori di Lavoro e Dipendenti, permette alle aziende con meno di 50 dipendenti di offrire vantaggi attraverso contributi esentasse. La rete include importanti fornitori di servizi sanitari come Vanderbilt, TriStar Health e Ascension Saint Thomas. Il servizio in lingua spagnola di Oscar, Hola Oscar, ha un NPS di 87.

Oscar Health (NYSE: OSCR) anuncia la expansión de sus ofertas de seguro de salud en Tennessee para 2025 a través del mercado ACA. La empresa ofrecerá planes EPO de Bronce, Plata y Oro con medicamentos a 3 dólares, equipos de atención al cliente dedicados y una aplicación de salud. Una nueva solución, Oscar para Empleadores y Empleados, permite a las empresas con menos de 50 empleados ofrecer beneficios a través de contribuciones libres de impuestos. La red incluye principales proveedores de salud como Vanderbilt, TriStar Health y Ascension Saint Thomas. El servicio en español de Oscar, Hola Oscar, tiene un NPS de 87.

오스카 헬스 (NYSE: OSCR)는 ACA 시장을 통해 2025년 테네시주에서 건강 보험 상품을 확장한다고 발표했습니다. 이 회사는 브론즈, 실버 및 골드 EPO 플랜을 제공하며, $3 짜리 약물, 전담 컨시어지 케어 팀 및 헬스케어 앱을 포함합니다. 새로운 솔루션인 오스카를 위한 고용주와 직원은 50명 미만의 직원을 둔 기업이 세금 면제 기여를 통해 복리후생을 제공할 수 있게 합니다. 이 네트워크에는 밴더빌트, 트라이스타 헬스 및 어센션 세인트 토마스와 같은 주요 의료 제공자가 포함됩니다. 오스카의 스페인어 서비스인 Hola Oscar는 NPS 87을 유지하고 있습니다.

Oscar Health (NYSE: OSCR) annonce l'expansion de ses offres d'assurance santé dans le Tennessee pour 2025 via le marché ACA. L'entreprise proposera des plans EPO Bronze, Argent et Or avec des médicaments à 3 dollars, des équipes de soins conciergerie dédiées et une application de santé. Une nouvelle solution, Oscar pour les Employeurs et les Employés, permet aux entreprises de moins de 50 employés d'offrir des avantages via des contributions exonérées d'impôt. Le réseau comprend des prestataires de santé majeurs comme Vanderbilt, TriStar Health et Ascension Saint Thomas. Le service en langue espagnole d'Oscar, Hola Oscar, maintient un NPS de 87.

Oscar Health (NYSE: OSCR) kündigt die Erweiterung seines Krankenversicherungsangebots in Tennessee für 2025 über den ACA-Marktplatz an. Das Unternehmen wird Bronze-, Silber- und Gold-EPO-Pläne anbieten, die Medikamente für 3 Dollar, dedizierte Concierge-Pflege-Teams und eine Gesundheits-App enthalten. Eine neue Lösung, Oscar für Arbeitgeber und Mitarbeiter, ermöglicht es Unternehmen mit weniger als 50 Mitarbeitern, Leistungen über steuerfreie Beiträge anzubieten. Das Netzwerk umfasst bedeutende Gesundheitsdienstleister wie Vanderbilt, TriStar Health und Ascension Saint Thomas. Der spanische Service von Oscar, Hola Oscar, hat einen NPS von 87.

Positive
  • Expanding market presence in Tennessee through ACA marketplace
  • Introducing new employer-focused solution for small businesses
  • High member satisfaction with NPS of 87 for Spanish language service
  • Comprehensive network including major healthcare providers
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  • None.

NEW YORK--(BUSINESS WIRE)-- Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare technology company, today announced it will bring the Oscar experience to more individuals, families, and businesses through the ACA marketplace in Tennessee in 2025. Oscar is introducing affordable health insurance products1 that empower everyone to pursue a healthy life on their terms with:

  • Services built around personal health needs and cultural preferences.
  • High-quality networks that align with their schedules, neighborhoods, and more.
  • Technology solutions to help members make informed choices about their health.

Oscar has been a proud health plan of choice in Tennessee for more than 6 years and ranks high in member satisfaction.2 Friends and family are more likely to recommend Oscar than any other health plan.

Individuals can go to healthcare.gov to select from Oscar’s full suite of easy, affordable plans, including:

  • Bronze, Silver, and Gold EPO plans that work within any budget.
  • $3 medications3 and even lower cost access for people managing specific conditions.
  • A dedicated concierge care team and healthcare app worth using.

Oscar is also introducing the following new solution for Tennessee residents:

  • Oscar for Employers and Employees: An offering that gives employees access to Oscar’s plans using tax-free contributions from their employer to buy individual health insurance. Businesses with fewer than 50 employees can instantly offer these benefits through stretchdollar.com/oscar.4

Oscar’s networks include Vanderbilt, TriStar Health, Ascension Saint Thomas, Baptist Memorial, Maury Regional Health and regional and independent facilities. Members can access all Oscar plans in Spanish through the Hola Oscar experience, which has an industry-leading NPS of 87.5

About Oscar Health

Oscar Health, Inc. (“Oscar”) is a leading healthcare technology company built around a full stack technology platform and a relentless focus on serving our members. We have been challenging the status quo in the healthcare system since our founding in 2012, and are dedicated to making a healthier life accessible and affordable for all. Oscar offers Individual & Family plans and health technology solutions that power the healthcare industry through +Oscar. Our technology drives superior experiences, deep engagement, and high-value clinical care, earning us the trust of approximately 1.6 million members, as of June 30, 2024.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained herein are forward-looking statements. These statements include, but are not limited to, statements about our business prospects, and our management’s plans and objectives for future operations, expectations and business strategy. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue” or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict and generally beyond our control. Although management believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, there are or will be important factors that could cause our actual results to differ materially from those indicated in these forward-looking statements, including, but not limited to, the factors set forth under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024, filed with the Securities and Exchange Commission (“SEC”), and our other filings with the SEC. You are cautioned not to place undue reliance on any forward-looking statements made in this press release. Any forward-looking statement speaks only as of the date as of which it is made, and, except as otherwise required by law, we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise.

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1 Oscar Medical coverage is underwritten by Oscar Insurance Company located in New York.
2 Net promoter score (NPS) for Oscar members as of 1Q24.
3 Except for standard plans.
4 Applicable for employers with less than 50 employees, especially those that are new-to-insurance.
5 Spanish-speaking net promoter score (NPS) for Oscar members as of 1Q24.

Media Contact:

Kristen Prestano

VP, Communications

press@hioscar.com

Source: Oscar Health, Inc.

FAQ

What new insurance options is Oscar Health (OSCR) launching in Tennessee for 2025?

Oscar Health is launching Bronze, Silver, and Gold EPO plans, along with a new Oscar for Employers and Employees solution that allows small businesses to offer health benefits through tax-free contributions.

Which healthcare providers are included in Oscar Health's (OSCR) Tennessee network for 2025?

Oscar Health's Tennessee network includes Vanderbilt, TriStar Health, Ascension Saint Thomas, Baptist Memorial, Maury Regional Health, and various regional and independent facilities.

What is the NPS score for Oscar Health's (OSCR) Hola Oscar Spanish language service?

Oscar Health's Hola Oscar Spanish language service has an industry-leading NPS score of 87.

Oscar Health, Inc.

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