Oscar Health raises 165 million dollars

Oscar raises $165 million

Oscar has announced on their website that they have raised $165 million to deepen investments in technology platforms and accelerate expansion.  They plan on moving to four to five new cities every year with a variety of individual and group health insurance products.

“Our investors have consistently believed in Oscar’s long-term vision, in the underlying strength of our business model, and in the talent and drive of more than 700 of the brightest minds from health care, technology, data, and operations,” Oscar co-founders Mario Schlosser and Josh Kushner said. Josh Kushner is the brother of President Donald Trump’s son-in-law, Jared Kushner.

Oscar prides itself on their company goal to provide the consumer with affordable and high quality health care.

During the recent open enrollment period, Oscar signed up more than 250,000 members, increasing their revenue to upwards of $1 billion dollars.

Oscar is growing exponentially proven by their recent partnerships with the Cleveland Clinic, Humana, and AXA.

 

Insurance coverage can be overwhelming – confusing options, endless paperwork and tedious legalities.

Cosmo Insurance Agency makes it easy. Our team has mastered every detail of the insurance process and will walk you through the process to the end, so you can be 100% confident when signing on the dotted line.

Cosmo’s dedicated service doesn’t end with the selection and signing of your policy. Whether its healthcare, life insurance, long term care, vision, dental, or disability, Cosmo Insurance Agency will be there every step of the way. Our staff maintains close contact and is always only a quick phone call away for questions or concerns relating to billing, provider issues, claims or reimbursements and your insurance renewal. Give us a call today! 

 

GET A QUOTE

 

 

Source:

https://www.hioscar.com/press/our-next-phase-of-growth

https://www.forbes.com/sites/brucejapsen/2018/03/27/oscar-health-raises-165m-as-investors-back-obamacare-expansion/#56ab5a3f274b

Posted 11:00 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
Twitter
LinkedIn
Blog
Google+

Insurance Partners

Cosmo Insurance partners with over 16 reputable companies to provide our clients with the best coverage for their needs.

Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
View All Companies ❭ ❭
© Copyright. All rights reserved.
Powered by Insurance Website Builder