Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans. During an earnings call Tuesday (May 7), CEO Mark Bertolini said that total plan membership was up 42% during the quarter as “Obamacare” enrollment soared. “The ACA now has more than 21...
Navigating insurance policies can be a daunting and complex process, especially since we only use them when we face trouble. In this edition of PYMNTS’ Provider Rankings of Insurance Apps, we’ve compiled a list of the best insurance apps, based on factors like channel coverage...
There are ties at the top and bottom of this edition of PYMNTS Provider Ranking of Insurance Apps. State Farm climbs to the top this month, and two newcomers, Lemonade Insurance and Jerry: Car Insurance, make an appearance. The Top 5 No. 1 is a...
Healthcare systems are primed for new technologies to make a literal life-changing impact. But the fragmentation of the U.S. healthcare landscape, which has historically bottlenecked care delivery and data sharing, could be similarity holding back innovations like generative artificial intelligence (AI) that hold the as...
February 12, 2020
Real-time or instant payments have proved their worth to the businesses — and individuals — that need quick transactions to stay afloat. The benefits of such payment solutions include crucial fraud protection features and data insights regarding their clients and consumers, which can lead to a higher level of service. However, the expanding popularity of […]
January 17, 2020
In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43 percent. China Posts Worst...
June 07, 2024
Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Using its position in the Affordable Care Act market, Oscar Health aims to compete with larger insurers and increase transparency on pharmacy benefits, CNBC reported Friday (June 7). Oscar Health CEO […]
May 07, 2024
Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans. During an earnings call Tuesday (May 7), CEO Mark Bertolini said that total plan membership was up...
April 20, 2021
InsurTech Oscar Health is launching +Oscar, a “tech-driven platform business designed to help healthcare clients drive improved efficiency, growth and superior engagement with their members and patients.” An InsurTech aims, through...
March 03, 2021
Insurtech Oscar Health, co-founded by Joshua Kushner, raised $1.4 billion in an initial public offering (IPO) on a $7.9 billion valuation, The Financial Times reported on Wednesday (March 3). Kushner,...
