Oscar Health Announces New Health Insurance Options in Florida in 2025
29 Ottobre 2024 - 3:00PM
Business Wire
Oscar Health, Inc. (“Oscar”) (NYSE: OSCR), a leading healthcare
technology company, today announced it will bring the Oscar
experience to more individuals, families, and businesses through
the ACA marketplace in Florida in 2025. Oscar is introducing
affordable health insurance products1 that empower everyone to
pursue a healthy life on their terms with:
- Services built around personal health needs and cultural
preferences.
- High-quality networks that align with their schedules,
neighborhoods, and more.
- Technology solutions to help members make informed choices
about their health.
The Oscar experience will be available in 30 markets in Florida
starting January 1, 2025.
Oscar has been a proud health plan of choice in Florida for more
than six years and ranks high in member satisfaction2. Friends and
family are more likely to recommend Oscar than any other health
plan.
Individuals can go to healthcare.gov to select from Oscar’s full
suite of easy, affordable plans, including:
- Bronze, Silver, and Gold EPO plans that work within any
budget.
- $0 virtual primary3 and urgent care through Oscar Medical Group
on most plans.
- $3 medications4 and even lower cost access for people managing
specific conditions.
- A dedicated concierge care team and healthcare app worth
using.
Oscar is also introducing new solutions for Florida
residents:
- Buena Salud5: A Spanish-first solution connecting
Hispanic and Latino members with an Oscar care team, primary care
provider, and healthcare community that share their cultural
heritage.
- Oscar for Employers and Employees: An offering that gives
employees access to Oscar’s plans using tax-free contributions from
their employer to buy individual health insurance. Businesses with
fewer than 50 employees can instantly offer these benefits through
stretchdollar.com/oscar.6
- Multi-condition plan: A plan that helps members manage
diabetes, pulmonary, and cardiovascular disease together, which can
save 25% or more. Benefits include: $0 cardiologist, pulmonologist,
endocrinologist visits; $0 screenings and labs; $0 primary and
behavioral care; $0 medications.
Oscar’s networks include AdventHealth, Memorial Healthcare
System, Holy Cross Hospital., Orlando Health Network, Las Madrinas,
Baptist Health, Jackson Memorial Hospital, University of Miami
Hospital, Imc Health Medical Centers, Westchester General Hospital,
Inc., and regional and independent facilities. Members can access
all Oscar plans in Spanish through the Hola Oscar experience, which
has an industry-leading NPS of 877.
About Oscar Health
Oscar Health, Inc. (“Oscar”) is a leading healthcare technology
company built around a full stack technology platform and a
relentless focus on serving our members. We have been challenging
the status quo in the healthcare system since our founding in 2012,
and are dedicated to making a healthier life accessible and
affordable for all. Oscar offers Individual & Family plans and
health technology solutions that power the healthcare industry
through +Oscar. Our technology drives superior experiences, deep
engagement, and high-value clinical care, earning us the trust of
approximately 1.6 million members, as of June 30, 2024.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact
contained herein are forward-looking statements. These statements
include, but are not limited to, statements about our business
prospects, and our management’s plans and objectives for future
operations, expectations and business strategy. In some cases, you
can identify forward-looking statements by terms such as “may,”
“will,” “should,” “expects,” “plans,” “anticipates,” “could,”
“intends,” “targets,” “projects,” “contemplates,” “believes,”
“estimates,” “predicts,” “potential,” or “continue” or the negative
of these terms or other similar expressions. Accordingly, we
caution you that any such forward-looking statements are not
guarantees of future performance and are subject to risks,
assumptions, and uncertainties that are difficult to predict and
generally beyond our control. Although management believes that the
expectations reflected in these forward-looking statements are
reasonable as of the date made, there are or will be important
factors that could cause our actual results to differ materially
from those indicated in these forward-looking statements,
including, but not limited to, the factors set forth under the
caption “Risk Factors” in our Quarterly Report on Form 10-Q for the
quarterly period ended June 30, 2024, filed with the Securities and
Exchange Commission (“SEC”), and our other filings with the SEC.
You are cautioned not to place undue reliance on any
forward-looking statements made in this press release. Any
forward-looking statement speaks only as of the date as of which it
is made, and, except as otherwise required by law, we do not
undertake any obligation to publicly update or review any
forward-looking statement, whether as a result of new information,
future developments or otherwise. New factors emerge from time to
time, and it is not possible for us to predict which will
arise.
_______________________________________ 1 Oscar Medical coverage
is underwritten by Oscar Insurance Company of Florida.
Administrative Services for all plans provided by Oscar Management
Corporation. 2 Net promoter score (NPS) for Oscar members as of
1Q24. 3 $0 virtual primary care is only available in South Florida.
4 Except for standard plans and is not available on all off
exchange plans. 5 Only available off exchange. 6 Applicable for
employers with less than 50 employees, especially those that are
new-to-insurance. 7 Spanish-speaking net promoter score (NPS) for
Oscar members as of 1Q24.
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version on businesswire.com: https://www.businesswire.com/news/home/20241029395466/en/
Media Contact: Kristen Prestano VP, Communications
press@hioscar.com
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