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Oscar Health, Inc. - $OSCR STOCK NEWS

Welcome to our dedicated page for Oscar Health news (Ticker: $OSCR), a resource for investors and traders seeking the latest updates and insights on Oscar Health stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oscar Health's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oscar Health's position in the market.

Rhea-AI Summary
Oscar Health, Inc. reported Direct and Assumed Policy Premiums of $1.6 billion, a 5% decrease YoY, and Premiums earned of $1.4 billion, a 46% increase YoY. The Medical Loss Ratio improved by 608 bps YoY to 83.8%, and the Net loss was $65.7 million, an improvement of $127.8 million YoY. The Adjusted EBITDA loss was $20.3 million, an improvement of $139.5 million YoY.
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End-of-Day
15.94%
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Rhea-AI Summary
Oscar Health announces major expansion in 165 new markets for its Individual and Family Plans
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-3.32%
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Rhea-AI Summary
Oscar Health appoints two healthcare executives to drive growth and strategic targets.
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1.1%
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management
Rhea-AI Summary
Oscar Health, Inc. (NYSE: OSCR) announced that CFO Scott Blackley will present at the 2023 Wells Fargo Healthcare Conference on September 6 and CEO Mark Bertolini will present at the Morgan Stanley 21st Annual Global Healthcare Conference on September 11. Interested parties can access the live webcast on Oscar's investor relations website and a replay will be available for 90 days.
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Rhea-AI Summary
Oscar Health reports Q2 2023 financial results with Direct and Assumed Policy Premiums of $1.6 billion, a 3% decrease YoY and Premiums earned of $1.5 billion, a 48% increase YoY. Medical Loss Ratio improved by 230 bps YoY to 79.9%. Net loss improved by $96.7 million YoY to ($15.4) million. Adjusted EBITDA improved by $111.4 million YoY to $35.6 million. InsuranceCo Administrative Expense Ratio improved by 280 bps YoY to 16.7%. InsuranceCo Combined Ratio improved by 500 bps YoY to 96.7%. Adjusted Administrative Expense Ratio improved by 420 bps YoY to 19.5%.
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End-of-Day
12.06%
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Rhea-AI Summary
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0.52%
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Rhea-AI Summary
Health tech company Oscar Health, Inc. (NYSE: OSCR) announced its Q1 2023 financial results. Direct and Assumed Policy Premiums increased by 2% YoY to $1.7 billion. Premms earned increased by 50% YoY to $1.4 billion. Medical Loss Ratio improved by 108 bps YoY to 76.3%. Net loss improved by $37.7 million YoY to $39.6 million. Adjusted EBITDA improved by $88.1 million YoY to $51.1 million. InsuranceCo Administrative Expense Ratio improved by 121 bps YoY to 18.6%. InsuranceCo Combined Ratio improved by 230 bps YoY to 94.9%. Adjusted Administrative Expense Ratio improved by 206 bps YoY to 21.7%.
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-3.92%
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1.39%
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-2.08%
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Rhea-AI Summary
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3.65%
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Oscar Health, Inc.

NYSE:OSCR

OSCR Rankings

OSCR Stock Data

4.27B
171.10M
1.79%
80.15%
3.02%
Direct Health and Medical Insurance Carriers
Finance and Insurance
Link
United States of America
NEW YORK

About OSCR

healthcare is broken; we're trying to fix it. the oscar team is focused on utilizing technology, design and data to humanize healthcare. we're a group of technology and healthcare professionals who looked at the current state of the us healthcare system, got frustrated by the horrible consumer experience, and decided to do something big about it. backed by a renowned set of investors and advisors, we’ve set out to revolutionize healthcare.