5 things to know about Oscar Health s proposed IPO
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New York City-based health insurance startup Oscar Health on Friday filed registration paperwork with the Securities and Exchange Commission as it prepares to go public.
Oscar, a startup that offers individual plans, family plans, Medicare Advantage and small-group plans, was founded in 2012 by Joshua Kushner and Mario Schlosser as a tech-focused startup that differentiates itself from larger health insurers through digital engagement with members.
Oscar is an operating subsidiary of Mulberry Health, a company backed by the well-funded investment firm Thrive Capital co-founded by Kushner. He is the brother of former President Donald Trump s son-in-law and adviser Jared Kushner.
By Reuters Staff
2 Min Read
(Reuters) - Oscar Health, a health insurance start-up backed by Google parent Alphabet Inc, filed for an initial public offering on Friday, looking to cash in on the surge in demand for digital health services during the COVID-19 pandemic.
The New York-based company, which has about 529,000 users, enables scheduling physician visits, checking lab results, emergency virtual appointments and prescription refill through its mobile app or online platform.
Oscar Health was founded in 2012 by Mario Schlosser, Kevin Nazemi, who is no longer a part of the company, and Josh Kushner, brother of former U.S. President Donald Trump’s adviser and son-in-law Jared Kushner.
Health First Health Plans and Oscar Health Announce Agreement to Bring Oscar Technology to Members Across Brevard County, Florida
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ROCKLEDGE, Fla., Jan. 26, 2021 /PRNewswire/ Health First Health Plans has announced it has signed an administrative services agreement with a subsidiary of Oscar Health. Under the agreement, Oscar will provide Health First Health Plans Medicare Advantage and Individual customers with access to Oscar s member engagement platform and other provider and broker services built on its full-stack technology platform. The Health First Health Plans division will be responsible for care management, network performance management, physician credentialing and other services.