Oscar Health

“We have market in front of us that can work for all Americans — if we can get the legislation right and the policies right to allow employers to do the work. It's a marketplace where nobody gets penalized for being sick because the rates are set across the whole market and Americans can choose [the plans] they want.” Oscar CEO Mark Bertolini spoke to CNBC’s Squawk Box about the future of employer-sponsored healthcare, why the individual market is the largest and most stable risk pool in America, and how expanding ACA coverage to gig workers and small businesses could drive down costs for everyone. Watch the full interview: https://bit.ly/4ibE15g

How can AI better understand messy, unstructured medical records? Unlike clean, structured text, medical records often contain handwritten notes, tables, and images—making them tricky for text-only models to process. That’s why we’re testing multimodal AI approaches that combine text and vision. Read the results from our latest experiments: https://bit.ly/4kIJzWh

New podcast alert! 🎉 Our product ops pals, Graham Reed and Antonia Landi, sat down with Clare Hawthorne, Senior Director of Engineering & Product Operations at Oscar Health. They discuss: 🔮Futureproofing product ops 🤝Gaining executive buy-in 📈Measuring product ops impact And more… Plus Clare explains how her product management peers became so bought into product ops, they transferred budget to her team. 🤯 🎧 Listen now: https://lnkd.in/eMawy8_W #ProductOperations #ProductOps #ProductOpsMetrics

Large language models (LLMs) are great at understanding text, but when it comes to medical records, that understanding isn’t always enough. That's because medical records aren’t just words—they’re images, tables, and non-standard layouts that text-only AI models can struggle to process. Multimodal models, which handle text and images together, are changing the game. In our latest post, Lauren Pendo Rachael Burns and Linda Schilling dig into how Oscar has experimented with different AI-driven approaches identifying provider signatures, parsing complex provider contracts, and other complex tasks. Read more: https://bit.ly/4kIJzWh

Can ICHRA help employers control costs without cutting benefits? Health benefit costs per employee is set to rise by 5.8% in 2025, which is forcing many employers to rethink their approach. At this year’s Mercer Annual Symposium, Oscar's Louis DeStefano heard firsthand how companies are looking beyond cost-cutting measures to smarter benefits strategies. For many, ICHRA has become an innovation worth watching. Read takeaways from our discussion: https://bit.ly/4h6NgCj

“For better or for worse, the era of employees staying at a single company for decades is largely over.” That’s why ICHRA is such a big deal. When employees change jobs, their health insurance moves with them—no new doctors, no network disruptions, no starting over. This shift is part of a bigger transformation: health insurance is finally becoming more consumer-driven. When individuals have choice, companies compete—on cost, experience, and quality. That’s the future we’re building toward. Read more: https://bit.ly/43hv2L0

The biggest challenges in employer-sponsored healthcare today? Cost and complexity. At Mercer’s 2025 Annual Symposium, Oscar SVP, Growth Louis DeStefano spoke to a room of national employers about the future of health benefits. One thing was clear: businesses are looking for better, more sustainable ways to offer healthcare coverage. That’s why ICHRA is gaining traction. It shifts risk away from employers, gives employees more choice, and eliminates the administrative burden of traditional group plans—all while keeping costs predictable. Read Louis's takeaways from the event: https://bit.ly/4h6NgCj

An increasingly common question for every employer: How can you offer competitive health benefits without skyrocketing costs? With the rise of Individual Coverage Health Reimbursement Arrangements (ICHRA), more businesses—especially small and mid-sized ones—are finding a new way forward. Instead of being locked into rigid group plans, employers set a defined contribution, and employees shop on the individual market for coverage that fits their needs. It’s a shift as big as the move from pensions to 401(k)s. And we’re just getting started. More on why Oscar is betting on ICHRA: https://bit.ly/43hv2L0

Oscar is forging a path to expand the individual market and make great healthcare a reality for even more Americans. It’s a tall order and requires the dedication and grit from countless leaders and team members from across our organization. We are thrilled to announce the expansion of our team with the addition of two new leaders. ➡ Janet L. joins us as EVP and President of Oscar Insurance, where she will oversee our insurance and operations functions. ➡ Adam McAnaney comes on board as Chief Legal Officer, responsible for our legal, compliance, and regulatory functions. ➡ Ranmali Bopitiya will step into her new role as Oscar’s EVP of Public Affairs. With Janet, Adam, and Ranmali’s leadership, we are more equipped than ever to realize our vision for the future of healthcare.

Is employer-sponsored health insurance finally evolving to meet today’s workforce? For decades, traditional group plans have forced employees into one-size-fits-all coverage. But with ICHRA, workers get the power to choose a plan that fits their health needs—not just their employer’s benefits package. 👉🏻 More choice 👉🏻 True portability 👉🏻 A competitive market that works for individuals, not just HR departments It’s a game-changer for businesses and employees alike. More on why we’re excited about this shift: https://bit.ly/43hv2L0