Mark Bertolini, former chief executive of health insurance giant Aetna Inc., will take the helm of Oscar Health Inc.
Tag: Oscar Health
Oscar Health Seeks $1 Billion in U.S. IPO
Oscar Health Inc., the health insurance startup co-founded by Josh Kushner, is seeking as much as $1 billion in its U.S. initial public offering. The New York-based company and its existing shareholders are offering 31 million class A shares at $32 to $34 apiece, according to a Monday filing with the U.S. Securities and Exchange… Continue reading Oscar Health Seeks $1 Billion in U.S. IPO
Oscar Health Lands Berkshire Hathaway Deal Ahead of Obamacare Expansion
Oscar Health reported an “underwriting profit” of $128 million and disclosed a key new reinsurance partner as the health plan prepares to expand deeper into the business of providing individual coverage under the Affordable Care Act. Oscar, which made its name as a startup focused on providing Obamacare coverage, Thursday reported a second-quarter “underwriting profit… Continue reading Oscar Health Lands Berkshire Hathaway Deal Ahead of Obamacare Expansion