Oscar Health Inc Stock Price, News & Analysis

Oscar Health announces partnerships with UCHealth, University of Colorado Medicine, and Children’s Hospital Colorado, aiming to offer Individual and Family health insurance plans in Colorado starting in 2022. These plans will be available during the Open Enrollment period beginning November 1, 2021, pending regulatory approval. The collaboration aims to improve clinical outcomes, enhance member experience, and reduce costs. Members will benefit from Oscar’s digital tools and $0 Tier 1 prescriptions. Approximately 13% of Colorado residents have lost coverage due to job losses amid COVID-19.

Oscar Health, Inc. (NYSE: OSCR) will announce its third quarter results on November 10, 2021, after market close. Management will conduct a review in a conference call starting at 5:00 PM (ET), with access via phone and webcast. Oscar Health, founded in 2012, is a tech-driven health insurance company with about 560,000 members as of June 30, 2021. The company's mission focuses on making healthcare affordable and accessible through a member-first approach and innovative technology.

Oscar Health is partnering with the University of Miami Health System and Jackson Health System to offer Individual and Family health insurance plans in Miami-Dade County starting 2022. The collaboration aims to provide residents with easier access to quality care through a connected insurance experience. Plans will be available during the Open Enrollment Period, starting January 1, 2022, with features like $0 Virtual Urgent Care and $0 Tier 1 prescriptions. Oscar's goal is to enhance healthcare accessibility and affordability for South Florida consumers.

Oscar Health has partnered with Edward-Elmhurst Health, Loyola Medicine, NorthShore University HealthSystem, and University of Chicago Medicine to provide Individual and Family health insurance plans in Chicago, starting January 1, 2022. This collaboration enables residents access to over 21 hospitals and 17,000 physicians. Oscar's digital tools offer savings and enhanced healthcare experiences, such as $0 Virtual Urgent Care visits and Tier 1 prescriptions. The initiative comes as a response to increased healthcare needs due to the COVID-19 pandemic.

Oscar Health has partnered with the University of Miami Health System and Jackson Health System to provide health insurance plans in Miami-Dade County starting in 2022. These plans will be available during the upcoming Open Enrollment Period, allowing residents access to a network of top healthcare providers. Oscar's offerings will include 24/7 virtual urgent care at $0 and $0 Tier 1 prescriptions. The initiative aims to enhance healthcare accessibility for those affected by COVID-19, as approximately 25% of Florida residents may lack insurance due to job loss.

Oscar Health (NYSE: OSCR) has partnered with Cigna to launch affordable health insurance products specifically for small businesses in Chicago and surrounding counties. Starting with plans that offer $0 copay for virtual doctor visits and low-cost prescription coverage, this initiative aims to support small businesses struggling post-pandemic. The partnership will allow businesses to choose from various plan options while ensuring access to quality healthcare providers. Both companies will share risk under a reinsurance agreement, with plans for future expansion.

Cigna and Oscar Health have announced a partnership to provide affordable health insurance products to small businesses in Kansas City and St. Louis, pending regulatory approval. Covered employees will enjoy $0 copays, 24/7 virtual doctor visits, and low-cost prescription coverage. A recent survey revealed that 88% of small business owners prioritize employee health, with 66% considering insurance more crucial than before the pandemic. The partnership aims to support small businesses amidst ongoing COVID-19 challenges by offering tailored health plans and dedicated care teams.

Oscar Health, Inc. (NYSE:OSCR) announced that Co-Founder & CEO Mario Schlosser will participate in a fireside chat at the Morgan Stanley 19th Annual Global Healthcare Conference on September 14, 2021, at 4:15pm ET. The event will be available via virtual webcast on Oscar’s investor relations site. Oscar is focused on improving health insurance through technology and currently serves approximately 560,000 members as of June 30, 2021, with a mission to make health care more accessible and affordable.